“In many cases, Wells stopped accepting electronic mortgage payments after it placed homeowners into the unwanted forbearance, causing those who were current on their loans to become delinquent without their knowledge and through no fault of their own,” said Kellett & Bartholow.

loandepot’s chief backer, dating back to 2010, is private equity firm Parthenon Capital Partners.

On Tuesday, CoreLogic accused Senator and Cannae of “pursuing a misinformation campaign aimed at” distracting shareholders and destroying value.

The top three in the complaint category: Experian, Transunion and Equifax...

The proposed rule defines a new activity as any new business line, business practice, or service that the GSEs offer to the market.

Another mortgage employment area badly in need of bodies is operations staff...

In other words, all that chatter about an end to paper document is overblown.

Fun fact: Among the top 10 wholesalers, not one is a depository…

The acquisition includes Cohen’s servicing and asset management clients and roughly 120 employees.

RE/MAX said the cost is expected to have a “negligible” impact on the firm’s earnings for the third quarter...