DOJ Settles with Mortgage Lender for $13.2 Million Concerning FHA Mortgage Certifications

DOJ Settles with Mortgage Lender for $13.2 Million Concerning FHA Mortgage Certifications

On October 19, the Department of Justice (DOJ) announced that it settled allegations that a Florida-based mortgage lender violated the False Claims
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BankThink Consider default rates when assessing claims of disparate impact

But now, thanks to the AEI Center on Housing Markets and Finance, we have a large sample of mortgage loans covering five years of experience to
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US May Revoke Visas Over Khashoggi, Pompeo Says

… saying the U.S. may revoke visas over the incident and that such revocations won't be the “last step” the U.S. would take, Bloomberg News reports.
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Industrials Face a Rout With Caterpillar, 3M Sounding Cost Alarms

U.S. industrials stocks are in for a tough trading day with several bellwethers warning of rising commodity and raw material costs weighing on their
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Why Citron's Andrew Left Is Making a U-Turn on Tesla

… and his outlook for pot stocks. He speaks with Bloomberg's Scarlet Fu and Caroline Hyde on “Bloomberg Markets: The Close.” (Source: Bloomberg)
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How AlphaShark Trading's Andrew Keene Is Playing US Steel

… Andrew Keene discusses the volatility in U.S. stocks and his options strategy with Bloomberg's Abigail Doolittle on “Bloomberg Markets: The Close.
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FHA's second appraisal rule for HECMs has minimal impact so far

It's been just a few weeks since the Federal Housing Administration … a second appraisal on select reverse mortgage loans, but lenders are already
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Mayer Brown Lands Mortgage Banking, Financial Services Pro

Mayer Brown LLP has hired a partner with significant experience in the mortgage and consumer financial services industries, handling compliance,
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TBC Bank and FMO Sign a GEL 103 Million Loan Agreement

We started our partnership in 2006 and during these 12 years, FMO has provided more than USD 350 million in MSME and mortgage loan financing,
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EU Hands Italy Unprecedented Budget Rebuke for Breaching Rules

… revise and resubmit its plans — though Italian Prime Minister Giuseppe Conte told Bloomberg shortly before the widely expected decision that there's
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Rep. Clark of Massachusetts Sees Health Care as Top Issue in Midterms

… the prospects for Democratic candidates in the midterm elections with Bloomberg's David Westin on “Bloomberg Markets: Balance of Power.
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Verizon Builds on Subscriber Growth Ahead of 5G Rollout

Bloomberg Intelligence's John Butler examines third-quarter results from Verizon Communications Inc. He speaks on “Bloomberg Markets.” (Source:
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