The former president of an Illinois bank has acknowledged his involvement in a scheme to falsify bank records to enable real estate loans. Steven Cook pleaded guilty in U.S. District Court in Benton to three felony counts of aiding and abetting the making of a false...
U.S. Sens. Katie Britt (R-AL) and Bill Hagerty (R-TN) have reintroduced legislation that would make the Consumer Financial Protection Bureau (CFPB) part of the congressional appropriation process. The proposed Consumer Financial Protection Bureau Accountability Act...
Roughly half of Americans are struggling to remain where they are financially, according to a new nationwide survey published by Monmouth University’s Polling Institute. The poll found 46% of respondents complaining they were having difficulty maintaining financial...
The Consumer Financial Protection Bureau (CFPB) announced it has filed a proposed order that would enact a $3.95 million fine against Freedom Mortgage Corporation for submitting “error-riddled mortgage loan data” to federal regulators. The proposed order would also...
WalletHub has issued its 2024 listing of the nation’s best- and worst-run cities, with a somewhat under-the-radar city ranking highest and a very prominent metropolis occupying the bottom ranking. For its list, WalletHub compared 148 of the most populated cities...
Peak Roofing Partners, a portfolio company of the private equity firm Exuma Capital Partners, has acquired Action Roofing, a South Florida-based roofing company. The financial aspects of the deal were not disclosed. Action Roofing was founded in 1986 and provides...
Hits and Misses for the Real Estate Week of June 22-26
