With just four witnesses left to take the stand, prosecutors for Special Counsel Robert Mueller said Thursday they expect to rest their fraud case against former Trump campaign chair Paul Manafort this week.
Read moreIn the same month that Paul Manafort was seeking a mortgage on his Manhattan apartment, the condominium’s Airbnb rental listing was deactivated, a witness from the travel website confirmed Thursday on the witness stand.
Read moreWells Fargo Bank, N.A. will pay $2.09 billion under the Financial Institutions Reform, Recovery, and Enforcement Act to settle claims it knowingly originated and sold residential mortgages it knew contained misstated income information, the Justice Department said Wednesday.
Read moreMerrill, Lynch, Pierce, Fenner & Smith will pay $15.7 million — $10.5 million to customers and $5.2 million in penalties — for misleading customers into overpaying for residential mortgage-backed securities, the SEC said Tuesday.
Read moreA $5 million federal class action claims that Seterus, a mortgage servicer, charges illegal fees for paying online.
Read moreThe Eighth Circuit heard arguments Tuesday over whether the diversion of Fannie Mae and Freddie Mac’s profits to the U.S. Treasury Department after the 2008 financial crisis illegally stiffed shareholders.
Read moreIn a ruling Thursday, the Seventh Circuit upheld the Federal Housing Finance Agency’s authority to divert Fannie Mae and Freddie Mac’s future profits to the U.S. Treasury Department as a condition of their $188 billion bailout during the 2008 financial crisis.
Read moreFederal regulators slammed Wells Fargo with $1 billion in fines on Friday for its force-placed auto insurance policies and for making mortgage customers pay the fees it was supposed to carry.
Read moreThe 11th Circuit showed impatience Tuesday for both Wells Fargo and the homeowners suing the bank over an unsuccessful foreclosure action that they say caused them emotional distress.
Read moreThe FTC unsealed a federal complaint accusing the American Home Servicing Center, the Capital Home Advocacy Center, the National Advocacy Center and others of a long-running mortgage assistance scam.
Read moreAccusing Mary J. Blige of falling behind on mortgage payments for two New Jersey homes, Apex Bank brought a $9 million complaint Friday against the star and her ex-husband.
Read moreThe Royal Bank of Scotland agreed to pay $500 million to New York for using deceptive practices while marketing and selling mortgage-backed securities before the 2008 financial crisis, under a settlement announced on Tuesday.
Read moreMerscorp Holdings and Mortgage Electronic Registration Systems brought a federal complaint against an Idaho man it says has blown off several cease-and-desist letters for operating under the name of the MERS national database.
Read moreBacking the independence of the Consumer Financial Protection Bureau, the D.C. Circuit ruled 7-3 Wednesday that leaders of the agency are protected “from at-will removal by the president.”
Read moreAccused of hurting borrowers in the 2008 financial crisis, PHH Mortgage reached a $45 million federal settlement Wednesday with 49 states and the District of Columbia.
Read moreGreece’s parliament is set to approve tougher restrictions against anti-bailout protesters who have sought to block the auction of homes that have gone into default because their owners can’t meet mortgage payments.
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A federal judge in Delaware dismissed a shareholder action challenging the Federal Housing Finance Agency’s authority to divert Fannie Mae and Freddie Mac’s future profits to the U.S. Treasury as a condition of the mortgage giants’ $188 billion bailout during the 2008 financial crisis.
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