Peter Angelos, a nationally known class-action attorney, has filed lawsuits against six mortgage companies alleging that the lenders engaged in predatory practices in Maryland.Lawyers for Angelos' law firm have filed class-action lawsuits against Irwin Financial Corp., Provident Bankshares Corp., Mortgage Lenders Network USA Inc., GreenTree Mortgage Corp., American Mortgage Express Corp., and Admiral Mortgage Inc., according to the Baltimore Sun. "In general, the complaints allege that the companies charged excessive or illegal fees," the Sun reported. During his career, Mr. Angelos has won huge settlements against tobacco companies. He is the owner of the Baltimore Orioles baseball team.
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Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
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The fee hike, which also raises the cost of assumptions, is part of the House pay-as-you-go rules to support a proposed expansion of veterans benefits.
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Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
June 30 -
The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
June 30 -
The S&P Cotality Case-Shiller home price index rose 0.8% year over year in April, while U.S. Federal Housing's index climbed 2%. Both indexes declined monthly.
June 30 -
While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
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