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A judge in Michigan has ordered the Justice Department and Quicken Loans attempt a settlement in a years-old lawsuit in which the federal government accused the mortgage lending company of fraud.
April 9 -
A recent pyramid scheme highlights why mortgage lenders should keep an eye out for misrepresentation when reviewing electronic documents and signatures.
April 2 -
Now that Ocwen settled the servicing practices lawsuit brought by the Massachusetts attorney general, just two outstanding complaints remain from the 30 filed nearly two years ago.
April 1 -
Tim Sloan couldn't hang on any longer. Here are insights about why he left now, what role policymakers played in the decision and will continue to have in the company's future, and who in the world would want to lead Wells Fargo.
March 28 -
The bank was fined $25 million for what the Office of the Comptroller of the Currency said was an inability to provide the discounts to all who were eligible.
March 19 -
Just minutes after his federal prison sentence was raised, Paul Manafort was charged by New York state prosecutors with residential mortgage fraud, conspiracy and falsifying business records.
March 13 -
The agency has required restitution in just one of six settlements under its new director, raising questions about whether the pattern will continue.
February 20 -
The bureau wants to further remove the threat of legal liability for firms that test products benefiting consumers, but the attorneys general say the agency cannot provide immunity from state law.
February 12 -
Ocwen Financial subsidiary PHH Mortgage will pay a total of $750,000 to six military members and increase employee training to settle Department of Justice allegations that it conducted foreclosures that violated the Servicemembers Civil Relief Act.
February 6 -
Chris D’Angelo, the CFPB's associate director of supervision, enforcement and fair lending, is leaving the bureau after eight years to become a chief deputy attorney general in New York state.
January 24