Legal
Stay in-the-know on legal news for the mortgage, housing and finance industries.
Latest Posts
WaMu Confirms Rumors, Will Exit Much of Mortgage Origination Business
Apr 08, 2008The rumors are true. Washington Mutual, Inc. [stock WM][/stock] confirmed Tuesday morning that it would raise $7 billion via a direct placement of securities with an investor group led by an affiliate of TPG Capital; that number is $2 billion greater than the $5 billion that had been reported earlier by the Wall Street Journal, ahead of the deal’s formal announcement.
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Old National: Rogue Loan Officer Drove $17 Million Loss
Apr 07, 2008 -
Mortgage Fraud Detection Improving, Treasury Unit Says
Apr 04, 2008 -
Industry Representatives Urge Slowdown on RESPA
Apr 04, 2008 -
In Philly, a New Epicenter for the Battle Over Foreclosures
Apr 03, 2008 -
MetLife to Acquire Everbank Reverse Mortgage
Apr 03, 2008 -
Federal Judge Green-Lights Countrywide Probe
Apr 02, 2008 -
Bucking the Trend: Detroit Lender Looking to Boost Staff
Mar 28, 2008 -
Mortgage Fraud Losses Pegged at $2.5 Billion in 2008
Mar 28, 2008 -
Philadelphia City Council Suspends Foreclosure Sales, Calls for a Six Month Moratorium
Mar 27, 2008 -
Mortgage REITs are so hot right now
Mar 26, 2008 -
Security Capital Reduces Workforce
Mar 26, 2008
