Cincinnati sues Harbour Portfolio Advisor over predatory foreclosure sales

Cincinnati sues Harbour Portfolio Advisor over predatory foreclosure sales

The city of Cincinnati announced a lawsuit against Harbour Portfolio Advisors, one of the nation's largest sellers of foreclosed homes, due to more than
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Farm Income Decline Fuels Reduction in Ag Bank Lending – Fed. Reserve Bank Report

Some borrowers have looked to reduce spending on farm inputs in response to persistently low profit margins. Agricultural lenders have also sought to
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Kroll Bond Rating Agency Assigns Preliminary Ratings to COLT Mortgage Loan Trust 2017-1 …

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of mortgage pass-through certificates
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Final Jeopardy for Richard Cordray

On April 5, 2017, Richard Cordray, the director of the Consumer Financial Protection Bureau, gave his semi-annual testimony before the House
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Weak internal demand dampens March lending in Peru

Bank lending in Peru lost steam in March with total loans reaching 233bn soles (US$71.9bn), slowing to 3.19% annual growth from .
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Black Knight origination system adds new API

Black Knight Financial Services has added an application program interface to its loan origination system that will allow consumers and loan officers to
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Foreign buyers aren't harming Montreal housing market: National Bank CEO

Foreigners are snapping up more real estate in the Montreal area, but the top executive of National Bank of Canada says supply and demand for
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Strong DC housing market has wide-ranging factors

He spoke with the Washington Blade this week on local housing trends, renting vs. buying and why the rental market is soft now, but likely to explode
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Busy Title Company Seeking Experienced Title Processor/Closer

Our growing Title Insurance Company in Cape Coral, FL is looking to welcome an experienced Title Processor/Closer. This Team Member will assist
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Robert Knakal, Ryan Serhant to Speak at Brownstoner Real Estate Conference

The first ever Brownstoner Real Estate Conference is rapidly approaching. Don't miss your chance to hear from and network with the leaders in
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Fintech startup First Circle raises $1.3 million for small business lending in the Philippines

Rather than traditional collateral, First Circle relies on basic data such as customer numbers and transactions to underwrite loans averaging $10,000.
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Sustaining NII When Lending Hogs the Spotlight

Noninterest income has been a pillar of support for many credit unions living in a persistent low interest rate environment, but with rates now likely
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Freddie Mac Prices $790 Million Multifamily K-Deal, K-1503

Commodity futures news: Freddie Mac Prices $790 Million Multifamily K-Deal, K-1503, updated 2017-04-21 16:12:13. Watch for more news articles,
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Dubai-based brokerage Greenstone sues Mack Real Estate over fees from $100M Saudi Aramco …

Greenstone Equity Partners is suing Mack Real Estate Group and its affiliate Claros Mortgage Trust (CMTG) over a $1.8 million payment it says it
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Ocwen answers state regulators' charges of widespread servicing errors

Just before the Consumer Financial Protection Bureau dropped the bomb on Ocwen Financial on Thursday, accusing the nonbank of failing in every
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Do You Know the 7 Fair Lending Compliance Risks? [Free eBrief]

Get this free eBrief to learn 7 key Fair Lending compliance risks (and how to manage them)! Just click here to get it:
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Government shutdown would create mortgage roadblocks

That's because buyers looking for mortgage approval could hit paperwork roadblocks if the shutdown furloughs workers at the IRS or Social Security
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US and states accuse subprime mortgage servicer Ocwen of years of abuses

Ronald Faris, chief executive of Ocwen Financial, is shown at the mortgage service in West Palm Beach in 2009. Federal and state regulators filed a
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Should landlords turn to offset mortgages?

Offset mortgages offer greater flexibility, because they link your savings to your mortgage, reducing the balance on which mortgage interest is charged.
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Santander Bank in U.S. Now Supports Apple Pay With MasterCard Branded Credit and Debit Cards

Santander Bank recently announced that it is launching Apple Pay support to its customers in the United States for the first time, allowing any
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