2024: A Year of Expansive Growth in USDA Loan Coverage As we journey into 2024, the landscape of United States Department of Agriculture (USDA) loans has seen significant expansion and evolution, offering a more inclusive pathway to homeownership for many...
A federal judge has dismissed a lawsuit by former CrossCountry Mortgage employees accusing the lender of failing to pay them during the market's recent downturn. To continue reading this article click the link below. https://www.nationalmortgagenews.com/news/crosscountry-mortgage-notches-court-victory-over-loan-officers "The credit for this article belongs to...
The Best Subdivisions in Downers Grove, Illinois Downers Grove, a charming and affluent suburb of Chicago, is often heralded for its exceptional quality of life, excellent schools, and a downtown area brimming with history. Those looking to relocate to the...
The Best Subdivisions in Oak Brook, Illinois Nestled in the Chicago metropolitan area, Oak Brook, Illinois is known for its lush landscapes, luxurious homes, and exceptional amenities. If you're considering moving to this prestigious community or simply curious about the...
The Best Subdivisions in Naperville, IL: A Guide to Chicagoland's Gem Naperville, situated just 28 miles west of Chicago, is consistently ranked among the best places to live in the U.S. Known for its top-rated schools, a thriving downtown, and...
Bank Will Pay $31 Million After Discriminating Against Black And Latino Communities The United States Department of Justice has reached a $31 million settlement with City National Bank in a historic housing discrimination case. City National, based in Los Angeles,...
Mortgage company Academy Mortgage Corporation (Academy), based in Draper, Utah, has agreed to pay $38.5 million to resolve allegations it violated the False Claims Act by improperly originating and underwriting mortgages insured by the Federal Housing Administration (FHA). Source -...
IRVINE, Calif., Dec. 21, 2022 /PRNewswire/ -- In a significant legal victory for loanDepot ("LDI") (NYSE: LDI), the United States District Court for the Northern District of Illinois (the "Court") yesterday granted LDI a preliminary injunction against CrossCountry Mortgage, LLC and six former loanDepot employees now...
UWM filed a lawsuit against America’s MoneyLine, alleging that the high-volume California-based brokerage owes UWM $2.8 million after repeatedly violating the “All-In” Initiative. Read More at https://nationalmortgageprofessional.com/news/uwm-sues-broker-shop-sending-loans-rocket-and-fairway Article by Katie Jensen FEB 07, 2022
Two NEXA Mortgage Loan Officers Brian Noe NMLS 228140 and Eileen Pruitt NMLS 217979 who are currently being sued by Smart Mortgage Centers in State and Federal court have filed a class action lawsuit against former employer Smart Mortgage Centers. ...