Tag Archives: Settlement

A district judge said he is likely to approve a settlement of allegations involving wrongful foreclosures caused by a computer error.

A recent court ruling has provided a costly lesson to lenders on best practices related to loan defaults. Here’s what an expert had to say about the ruling.

The FDIC announced that PwC had agreed to a final settlement stemming to accusations of professional negligence during their audits of Colonial Bank, which collapsed in 2009.

WFG National Title a Portland-based company specializing in national title, settlement, valuation, and technology services, announced that Matt Slonaker is joining the company as SVP of national business development.

The Office of Mortgage Settlement Oversight, which was monitoring the bank for compliance has said that SunTrust has fulfilled its settlement obligations and that it's metrics compliance results are in line with expectations. Here are the details.

New York Attorney General Eric T. Schneiderman this week announced a $500 million settlement between the state and Royal Bank of Scotland. The settlement relates to claims that the bank misled investors over the quality of risky mortgage-backed securities leading ...

In a statement released Wednesday, PHH said they will implement new servicing standards as part of a settlement with a multi-state group of state attorneys general, as well as following a “testing and reporting process to ensure compliance with the ...

The settlement, pertaining to a 2012 class-action suit, is now awaiting approval by a U.S. district judge.

The class action lawsuit settled on Wednesday charged NovaStar, RBS, Wells Fargo, and Deutsche Bank with misleading investors into believing the securities they bought were safer than they proved to be.

The monitor for the National Mortgage Settlement said that the payment is the last the company will make.