As Stewart Information Services Corp. reported improved third-quarter numbers, CEO Fred Eppinger reflected on the past year which included a terminated merger deal with Fidelity and the onset of the COVID-19 pandemic.
The Consumer Financial Protection Bureau (CFPB) has issued a consent order against the ninth mortgage company accused of using deceptive mailers to advertise Veterans Affairs (VA)-guaranteed mortgages.
This time, the CFPB found a Utah-based mortgage lender and broker sent consumers mailers for VA mortgage loans that contained false, misleading and inaccurate statements in violation of the Consumer Financial Protection Act.
Read on for details from the consent order.
The Department of Justice (DOJ) has settled a Fair Housing Act lawsuit against an Ohio landlord and his wife.
The lawsuit alleged the landlord sexually harassed female tenants since at least 2013 at residential properties the couple owned in Cincinnati.
The U.S. Attorney General recently directed the department to deploy all available enforcement tools against anyone who tries to capitalize on the COVID-19 crisis by sexually harassing people in need of housing.
The American Bankers Association (ABA) is asking every bank in the country to consider offering Bank On-certified accounts to expand access to banking services and reduce the number of unbanked and underbanked Americans.
ABA President and CEO Rob Nichols discussed the financial-inclusion initiative during his opening remarks at ABA’s Unconventional Convention.
Read on for details from the ABA.
A dispute between a buyer and seller of commercial property turned on information regarding a lease of a convenience store on the property revealed in the title commitment. After the buyer discovered through the title commitment that the lease had been extended without his knowledge, he terminated the purchase agreement and sued the seller when it wouldn’t return his earnest money. Read on for more details.
The Pennsylvania General Assembly has passed legislation authorizing notaries to perform remote online notarizations (RON). Previously, the assembly passed temporary legislation allowing the use of RON until 60 days after the termination or expiration of the state’s COVID-19 disaster emergency. The new bill awaits the governor’s signature. Read on for more details.
The owners of hotel properties in Amarillo, Texas and Clovis, N.M., filed suit against parties to their loan transactions for the hotel construction project, alleging a variety of wrongs during the two transactions. Read on for more details.
After a woman’s marital property was foreclosed upon and purchased by the mortgage holder, the mortgage holder filed suit for possession of the property. When the lower court granted the motion in favor of the mortgage holder, the woman appealed. Read on for more details.
The group claims a “minimum price policy” business practice by Redfin benefits higher-income neighborhoods more than lower-income neighborhoods. Redfin denies the charges for “legitimate business reasons” but says it’s struggled with the issues raised.