Pulte Home agrees to settlement over defective home construction

PulteGroup subsidiary Pulte Home Company has reportedly reached a settlement with the Florida Attorney General’s office.

Tenant screening firm RealPage pays $3M to settle dispute over incorrect reports

Tenant screening company RealPage Inc. has agreed to pay $3 million in order to settle allegations that some of its reports were flawed over a five-year period.

Home Bay expands into title and settlement services after buying stake in OnTitle

San Diego-based Home Bay has recently extended its escrow services beyond its home state of California, into states including Colorado, Florida, Illinois and Texas.

HUD settles out of court over sexual harassment allegations

The Department of Housing and Urban Development has agreed to settle out of court in three states with housing industry participants over sexual harassment charges

Here’s why loan officers should attend closings

Buyers should consider requesting that a loan officer is present on closing day if they want to be more satisfied with their deal, according to a new survey.

Wells Fargo agrees to record-breaking $1.2bn FHA settlement

Wells Fargo set a new record when it agreed to pay the federal government $1.2 billion in settlement fees for the Federal Housing Administration.

FHFA Announces Two Winning Bidders, With Plans To Continue Bulk REO Sales

FHFA has released some information concerning the results of the bidding for bulk sales of Fannie Mae owned properties. The qualifying process began in the spring, for investment groups that could meet specific FHFA guidelines for capital assets, management capability and other criteria.

Short Sales to Speed Up

Following a recent settlement with the state attorneys general, new short sale requirements are to be adopted by the largest five mortgage servicers in the US, in the expectation that these will speed up what has become quite a lengthy process.

Citigroup Hit With $158 Million Mortgage Fraud Settlement

Citigroup has suffered its second setback in two weeks, with the news that the bank will have to pay out $158.3 million in settlement fees, coming hot on the heels of last week’s $25 billion foreclosure settlement that was agreed between states and America’s five largest banks.

ZipRealty Agree Settlement Over Agent’s Pay

Four real estate agents in California who claimed that their employer paid them less than the state’s minimum wage while also refusing to pay overtime have a reached a settlement with the company, Bakersfield reports. Their employer, ZipRealty, agreed a total payout of $586,068 for the four employees. Discussing the background to the case, Christine

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