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Second Circuit Rejects RESPA Damages Claim Against Newrez and PHH Mortgage

Second Circuit Rejects RESPA Damages Claim Against Newrez and PHH Mortgage

by Nathan S. Pierce | Nov 3, 2026 | Current News & Events, Mortgage Information

A federal appeals court has affirmed the dismissal of a borrower’s mortgage-servicing lawsuit against Newrez and PHH Mortgage, ruling that the expenses she claimed after unanswered requests for loan information did not qualify for recovery under the Real Estate...
Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction

Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction

by Phil Hall | Dec 16, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A Frank Lloyd Wright-designed residence in Chicago that has been in a state of dilapidation faces an uncertain future after its ownership was transferred to a mortgage company following a failed foreclosure auction. Artnet.com reports the Prairie style Walser House...
PHH Mortgage Debuts FlexIQ Suite of Non-QM Products

PHH Mortgage Debuts FlexIQ Suite of Non-QM Products

by Phil Hall | Oct 14, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

PHH Mortgage, a subsidiary of Onity Group Inc. (NYSE: ONIT), is rolling out a suite of proprietary non-qualified mortgage (non-QM) products known as FlexIQ. The product suite will be available starting Oct. 20 through its correspondent lending channel for delegated...

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