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To address the coronavirus' impact, banks like Truist and Ally and nonbanks like Quicken Loans are assisting communities as well as making adjustments to support their workforce and customers.March 19
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The company disclosed that an internal review of a now-discontinued loan program found that employees engaged in misconduct tied to income verification and requirements, among other things.March 9
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Dan Gilbert has been back in the office and could soon be making his first public appearance since suffering a stroke last May, Quicken Loans CEO Jay Farner said.January 16
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The developer of three adjacent lots said one of the reasons for the sale was her time was up with her mortgage holders.January 10
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The city of Detroit is expanding property tax exemptions for homeowners to help more residents avoid foreclosure, officials announced Wednesday.January 8
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High employment, low interest rates and technology helped two Metro Detroit mortgage giants post record years in 2019.January 8
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Tom Lopp abruptly suspended a program that accounted for 83% of Sterling Bancorp's mortgage production this year. An ongoing audit of the program and pressure to diversify beyond mortgages are reasons to watch Lopp and Sterling in 2020.December 27
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The mayor of Taylor, Mich., was indicted by a federal grand jury on allegations of bribery related to the sale of tax-foreclosed propertiesDecember 20
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The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.December 9
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Detroit and Wayne County officials want to wipe away portions of property tax debt for thousands of poor homeowners as part of a new proposal.October 9
