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Mortgage News
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Texas regulator issues cease and desist order against flat-fee FSBO site Texas Real Estate Commission alleges unlicensed brokerage activities read more New York sues banks over electronic mortgage system (Reuters) Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices. Housing is economy's elephant in the room Commentary: President's real estate proposals 'will be without effect' read more NY's Schneiderman sues banks in foreclosure effort (AP) AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures. Goldman to face mortgage debt class-action lawsuit (Reuters) Reuters - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. Mortgage Loan Counselor.com | Online Advertising | |
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