Enforcement

Apparently, the finance department of the San Francisco Housing Authority can't balance its own checkbook.

The Federal Housing Finance Agency promoted Andre Galeano to oversee its regulation and supervision of the 11 Federal Home Loan banks.

Wells Fargo & Co. settled an 11-year-old lawsuit with the U.S. government that claimed the lender overcharged veterans under a federal mortgage-refinancing program.

Getting rundown or blighted properties renovated to meet safety codes and restored to the tax rolls is the goal of a program known as receivership, a report about which was presented to the Holyoke, Mass., City Council.

Over the past 20 years, 395 code violation cases with $4.46 million in unpaid fines have piled up at City Hall.

A Muskogee, Okla., woman charged with embezzling more than $10,000 from a local church also is a federal mortgage loan originator licensed to represent a local bank, according to national registry records.

Three California men who previously operated Star Reliable Mortgage were ordered to pay $1.1 million in restitution and are facing multiyear prison terms related to a foreclosure rescue scheme.

The U.S. population is aging, and one of the well-established components of the American dream — buying and owning a home — appears poised to aid in the baby boomers' next phase of life.

A Pierce County judge says a notorious Seattle landlord — not thieves — tried to profit from cutting wires throughout a vacant Tacoma apartment building and ordered him to pay $1.1 million.

Ocwen Financial Corp. agreed to settle a shareholder lawsuit for a cash payment of $49 million, plus 2.5 million shares of the company's stock.