Business
Morgan Stanley charged with Predatory Lending suit
NEW YORK – The American Civil Liberties Union (ACLU) is filing a lawsuit against Morgan Stanley for discrimination in packaging sub-prime mortgage…
Tag: real estate
Business
Debtor’s Prison for Mortgage Defaulters?
While most Americans were watching events unfold in the Middle East, the Chicago Tribune quietly published over the weekend a story…
Business
BofA Offers Rental Option for Foreclosure Candidates
"This pilot will help determine whether conversion from homeownership to rental is something our customers, the community and investors will support,"…
Business
Audit Reveals Banks at Fault in Most Foreclosures
As America continues to struggle with the aftermath of the real estate bust and growing knowledge of wrongdoing by major lenders…
Business
Title Company Stole Over $500,000 From Home Refinancers
Two owners of a Wheaton title company stole more than $500,000 from their customers — including a disabled Vietnam War veteran…
Business
Appraisal, Modification and Foreclosure Lawsuits Soar
Investor lawsuits and class actions continued to dominate mortgage-related litigation, rising to 31 cases from 21 in the first quarter. However,…