Enforcement

The five-year legal odyssey of former Jefferies Group managing director Jesse Litvak, the first person charged in a federal crackdown on questionable bond-trading tactics, came to an end as prosecutors said they don't intend to try him a third time.

A ruling involving a Cleveland law firm casts doubt on CFPB claims that attorneys misrepresent their role to consumers.

Servicers and MSR investors face increased regulation and oversight as nearly all states now require some form of licensing for firms responsible for mortgage collections.

The number of nonbank lenders and servicers that did not comply with the California Residential Mortgage Lending Act Annual Report requirements grew this year, prompting a reprimand and warning of penalties from the commissioner of the state's Department of Business Oversight.

The son of a Lake Worth, Fla., man arrested this month in an alleged rent-fraud scam is wanted for acting as an accomplice in the crime, the Palm Beach County Sheriff's Office said.

Ocwen Financial is able to keep the answers to questions from the Consumer Financial Protection Bureau involving the improper handling of escrow accounts confidential, a federal magistrate ruled.

The Consumer Financial Protection Bureau has dropped its investigation into allegations that Zillow Group Inc. violated Section 8 of the Real Estate Settlement Procedures Act.

The Consumer Financial Protection Bureau's structure is an infringement on the authority of the executive branch, a New York federal judge said Thursday.

One-time Modesto City Council candidate Robert Farrace, an attorney and real estate broker, was sentenced to two years in federal prison for defrauding real estate lenders.

The man authorities called the mastermind behind a complex mortgage fraud scheme targeting distressed properties was arrested June 7 in South Carolina and charged with being a fugitive in violation of probation.