The U.S. Federal Trade Commission (FTC), working with a coalition of state attorneys general, announced a $1.6 million settlement from Roomster, an online apartment search platform, and its owners, John Shriber and Roman Zaks, who were accused of defrauding millions...
American Bank of Oklahoma has reached a settlement with the U.S. Department of Justice to settle charges of lending discrimination by redlining in Tulsa. The bank was accused of failing to provide mortgage lending services to majority-Black and Hispanic neighborhoods...
Nomura Securities International (NSI), the U.S.-based broker-dealer subsidiary of Japan’s Nomura Holdings (NYSE:NMR), has reached a $35 million settlement with the U.S. Department of Justice relating to its fraudulent trading of residential mortgage-backed securities...
UBS AG (NYSE:UBS) and several of its U.S.-based affiliates agreed to a $1.4 billion settlement to resolve a civil action filed in November 2018 related to the Swiss-headquartered bank’s underwriting and issuance of residential mortgage-backed securities (RMBS) issued...
The U.S. Department of Justice (DOJ) announced that Indian Land, South Carolina-based Movement Mortgage LLC will pay $23.75 million to resolve allegations that it violated the False Claims Act when it failed to comply with material program requirements during its...
Redfin’s Housing Affordability Scenarios Stretch From 2029 to Beyond 2036
