With the CFPB turning its attention to the use of artificial intelligence within the mortgage process, Dain Ehring of Gate House Digital explains what you need to know.
Read More »Balance to Return to the Housing Market?
After a torrid start to the year, an industry forecast predicts home price appreciation to slow and new construction to replenish the nation’s inventory in the second half of 2022.
Read More »Lender Agrees to Pay $15.06M to Resolve Allegations
Accusations that Guaranteed Rate violated the False Claims Act date back more than a decade.
Read More »Industry Impact: HUD to Address FHA Regulation
Industry sources confirmed to DS News that HUD will soon have greater oversight over claims and decision-making authority as to disciplinary actions instigated in relation to the False Claims Act.
Read More »Latest on National Association of Realtors’ Legal Battle
The Department of Justice has responded to the National Association of Realtors motion to dismiss several antitrust cases, including 2008’s U.S. v. National Association of Realtors.
Read More »GE’s $1.5B DOJ Subprime Settlement
The settlement concludes the Department of Justice's claims against GE over its handling of subprime home loans. Click through to learn what it means for the industry.
Read More »Contesting Crisis-Era RMBS Litigation
While Wells Fargo has settled a litigation, another bank is striking back against the Department of Justice on an RMBS Securities Fraud allegation from the financial crisis.
Read More »Nomura Settles RMBS Suit With DoJ
Nomura, the Tokyo-based bank, is the last in a string of financial institutions to settle with the Department of Justice for fraudulent activities involving selling mortgage-backed securities leading up to the Great Recession of 2008.
Read More »Goldman Sachs Mortgage Relief Settlement Actions Near $1B
Goldman Sachs is approaching the billion-dollar mark for mandated consumer-relief actions stemming from two mortgage-related settlement agreements with the U.S. Department of Justice and three states. Professor Eric D. Green, who serves as independent Monitor for the company’s consumer-relief agreements, ...
Read More »HUD & DOJ Partner Against Sexual Harassment in Housing
The Department of Housing and Urban Development on Thursday announced a new series of initiatives designed to crack down on sexual harassment across the housing landscape, working in partnership with the Department of Justice (DOJ). This new push will encompass ...
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