The New York City law firm Pryor Cashman announced the hiring of Christian Hylton as a partner in the Real Estate Group and Land Use + Zoning Practice. Hylton’s practice focuses on oversight and management of matters related to land use, zoning, and economic...
Ally Financial Inc. (NYSE: ALLY) announced that CEO Jeffrey J. Brown will be stepping down early next year. Brown, who will also be leaving the Charlotte-based lender’s board of directors, has been chief executive since 2015. He will remain at Ally until Jan. 31,...
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Freedom Mortgage Corp. that alleged its mortgage loan data that was “riddled with errors” and put the Boca Raton, Florida-based company in violation of both the Home Mortgage Disclosure Act (HMDA)...
The leadership of the Mortgage Bankers Association, the National Association of Home Builders and the National Association of Realtors have sent a joint letter to Federal Reserve Chairman Jerome Powell warning that the central bank’s policy of rate hikes is creating...
Lawrence Yun, the chief economist for the National Association of Realtors, is warning that today’s mostly positive jobs report should not be embraced as evidence of an improving economy. “The job market continues to crank out jobs in high figures: 336,000 in...
The U.S. Securities and Exchange Commission (SEC) charged Matthew Motil, host of the podcast “The Cash Flow King,” with fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes purportedly backed by residential...