Home / Tag Archives: DOJ

Tag Archives: DOJ

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 ...

Read More »

Royal Bank of Scotland Settlement with DOJ Might Not Happen

Following its role in the underwriting of toxic residential mortgage backed securities, the Royal Bank of Scotland expected to pay several billion in fines to the US Department of Justice. However, nothing has been settled just yet.

Read More »

DOJ Policy Change Could Impact Crisis Suit Payouts

A memo from Attorney General Jeff Sessions has revealed a policy change at the U.S. Department of Justice: DOJ attorneys can no longer send settlement money to community groups or third-party vendors not directly harmed by the defendant in question. The practice had become common under the Obama administration, as prosecutors tacked on additional settlement costs to fund groups fighting community blight and serving other mortgage-related purposes across the nation. Critics of the practice called it a “slush fund” for promoting partisan political goals.

Read More »

Ocwen Files Motions Against CFPB

Ocwen has filed three motions against the CFPB in hopes of speeding up a Circuit Court of Appeals decision on the Bureau's constitutionality. The motions arrive on the back of a recent suit filed by the CFPB against Ocwen on April 21. The suit alleged Ocwen committed errors throughout the servicing process and improperly foreclosed on at least 1,000 homeowners.

Read More »

Report Criticizes Government Treatment of Banks

A new Competitive Enterprise Institute (CEI) report digs into a controversial campaign by federal regulatory agencies called Operation Choke Point. In 2013, the U.S. Department of Justice (DOJ) and several other federal agencies, the Office of the Comptroller of the ...

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.