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Citing a pattern of "bad-faith harassment, retaliation and fraud" against rent-controlled tenants, a San Francisco Superior Court Judge has ordered a landlord to pay the city nearly $2.4 million in penalties for violations of state housing law.
May 3 -
For Twin Cities real estate agents, the gravy train was easy to catch.
May 2 -
Mortgage Bankers Association President David Stevens is confident that housing finance reform will move forward under the Trump administration, but criticized calls to simply let the government-sponsored enterprises recapitalize and be returned to shareholders without additional reforms.
May 1 -
Jesse Litvak was sentenced to two years in prison and fined $2 million after he was convicted a second time for lying about mortgage-backed securities prices.
April 26 -
Congressional action is necessary to give financial regulators the tools they need to promote responsible innovation.
April 25U.S. House of Representatives -
American Financial Network has agreed to pay $5,000 to an unnamed person of Hispanic origin to settle a Fair Housing Act claim.
April 20 -
Love 'em or hate 'em, the mortgage business is full of jargony abbreviations. Test your mortgage knowledge on these key industry terms.
April 13 -
PNC has agreed to pay $16 million to settle a federal overtime lawsuit filed by current and former mortgage loan officers, according to court documents.
April 12 -
Former Jefferies & Co. Managing Director Jesse Litvak says he should be spared prison when he is sentenced later this month following his conviction of a single count of fraud.
April 11 -
United Shore Financial Services has agreed to pay a total of $1.4 million to consumers and California regulators to settle allegations it collected interest payments it was not entitled to.
April 10