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FDIC suing 14 lenders to pay for Washington Mutual-brokered loans

FDIC suing 14 lenders to pay for Washington Mutual-brokered loans
nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.

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FDIC claims White Plains broker created misleading mortgage applications

The Federal Deposit Insurance Corporation is suing RealFi Home Funding Corp., a White Plains mortgage broker, for allegedly misrepresenting the quality and characteristics of loans it arranged more than 15 years ago. ....

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Anthony Pepe, SVP Branch Development at RealFi Home Funding

WHITE PLAINS, N.Y., May 11, 2022 (GLOBE NEWSWIRE) As the mortgage origination market shifts from refinance to a more purchase driven environment, many. ....

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Marketing, HMDA Dashboard, DSCR, Tax Programs; Planet Home/Home Point and Redwood/CoreVest Mergers

On Sunday, here in Hawai’i, and everywhere else I guess, is Lei Day. I was all set to go down the 5th grade joke path, until I saw this story about napping and ran out of room in today’s commentary. Utah’s Michael Pickard thought he was allowed to take a nap at work. He fell asleep and was fired a week later. The Labor Commission ultimately sided with Pickard, finding his dismissal to be either discriminatory or retaliatory, and now a Utah state appeals court has agreed. Regulators, courts, and the lending business all go hand-in-hand. The pricing margins that lenders and banks have help ensure that compliance departments function, buybacks can be handled, and legal matters dealt with. For example, the Office of the Comptroller of the Currency entered into a Consent Order with Anchorage Digital Bank, which requires Anchorage to create a compliance committee and take steps to remediate alleged shortcomings with respect to the implementation and effectiveness of Anch ....

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RealFi Faces Sexual Harassment & Gender Discrimination Lawsuit

Former RealFi marketing manager, Georganne Youngclaus, is suing the company on grounds of sexual harassment and gender discrimination. ....

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