Lenders Face Stiffer Penalties With New Mortgage Disclosures
Lenders could face tougher enforcement and higher penalties if they make errors on the new mortgage disclosure forms that are slated to go in effect next August. News
MERS Must Face Trial Over Pennsylvania Mortgage Records
Merscorp must face a trial to determine how much it owes Pennsylvania counties for shortchanging them on mortgage recording fees, a judge ruled. News
B of A Must Face SEC, DOJ Suits Over MBS Fraud
Bank of America failed to win dismissal of two government lawsuits in which it’s accused of misleading investors about the quality of loans tied to $ 850 million in residential mortgage-backed securities. News
