Judge slaps $45M fine on Bank of America over improper foreclosure

Judge slaps $45M fine on Bank of America over improper foreclosure

It serves as a reminder about the problems some homeowners faced with their mortgage servicers, particularly during and shortly after the financial
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Prudential and Blackstone buy Bradford & Bingley loans for £11.8bn

The loans, which are mostly buy-to-let mortgages still being repaid by borrowers, were sold at a discount of about £400m to their book value to reflect
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Valley National Bank appoints director of residential mortgage sales

“Shawn is an important addition to our team as we continue to position Valley National Bank as a household name in home financing solutions,” Kevin
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The Rise of Alternative Lending in Commercial Real Estate

Since the great recession of 2008, commercial banks, insurance companies and other traditional lenders for commercial real estate have become
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Santander settles subprime auto loan suit with Massachusetts

“After years of combating abuses from subprime mortgage lenders, these practices are unfortunately familiar,” said Massachusetts Attorney General
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