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Servicing and Default News
Apr
26
2017
According to the OCC, an investigation found that between 2009 and 2014, U.S. Bank “engaged in filing practices in...
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Apr
21
2017
The company’s shares lost more than half their value after state and federal authorities alleged widespread failures at...
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Apr
21
2017
Mortgage bankers started a new effort Thursday to reform Fannie Mae and Freddie Mac, seeking to push Congress to pass...
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Apr
13
2017
OneWest was accused of being a “foreclosure machine” by homeowner advocacy groups like the California Reinvestment...
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Apr
13
2017
The bank also said that Judge Klein's order for the Sundquists to donate money to five law schools associated with the...
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Apr
11
2017
The industry's aggressive push into digital banking makes it even more important to solve the COBOL dilemma. Mobile...
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Mar
30
2017
Homeowner advocacy groups such as the California Reinvestment Coalition repeatedly accused Mnuchin of running OneWest...
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Mar
29
2017
“There is a very real chance that Walter may under go bankruptcy, restructuring, or further asset ales to raise cash,”...
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Mar
29
2017
The case brings renewed attention to the mortgage industry's loan servicing business. Judge Klein alluded to systemic...
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