Wells Fargo & Co. (WFC) , the largest U.S.mortgage lender, said federal prosecutors may seek damages andpenalties after investigating whether it violated anti-discrimination laws while financing homeowners. ...
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Wells Fargo Says DOJ May Seek Penalties in Fair-Lending Case
Posted by mortgage 15 days ago (Editorial)
Wells Fargo Says DOJ May Seek Penalties in Fair-Lending Inquiry
Posted by mortgage 15 days ago (Editorial)
Wells Fargo & Co. (WFC) , the largest U.S. mortgage lender, said federal prosecutors may seek damages and penalties following a fair-lending probe.
Homeowners seek help at Burlco forum
Posted by mortgage 80 days ago (Editorial)
Sally Spencer walked into the John F. Kennedy Center in Willingboro hoping for a miracle. The single mother of two works full time and cares for her 16-year-old autistic son, Salvatore.
Faulty Loans Top $72 Billion as Banks Seek Legal Deal: Mortgages
Posted by mortgage 105 days ago (Editorial)
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry?s practices.
Faulty Loans Top $72 Billion as Banks Seek Deal With Regulators: Mortgages
Posted by mortgage 105 days ago (Editorial)
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry?s practices.
Danish Mortgage Bonds Get Boost as Buyers Seek Safe Debt
Posted by mortgage 261 days ago (Editorial)
Denmark?s mortgage bonds may see an increase in international buyers at refinancing auctions this month as investors flee Europe?s debt crisis in search of the safest markets.
Banks Brace For New Wave Of Mortgage Lawsuits, U.S. May Seek Up To $30 Billion
Posted by mortgage 264 days ago (Editorial)
Rough start to September. The Federal Housing Finance Agency may unleash a new wave of lawsuits against major banks like BofA, JPMorgan and Goldman Sachs over mortgage securities that went bust.
Banks Face Painful New Mortgage Lawsuits, U.S. May Seek Up To $30 Billion In Losses
Posted by mortgage 264 days ago (Editorial)
The worst of banks' mortgage-related legal battles may be yet to come as the Federal Housing Finance Agency readies a massive new wave of lawsuits aimed at a dozen major lenders.
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