The US Department of Justice announced Royal Sovereign International Inc., a now-defunct New Jersey company that sold office and home appliances, pleaded guilty to a criminal charge for failing to report information on portable air conditioners that were allegedly...
UBS (NYSE: UBS) has agreed to a $300 million settlement with the Department of Justice that will settle the legacy Credit Suisse case regarding the improper sales of residential mortgage-backed securities (RMBS) prior to the 2008 financial crisis. The...
A federal judge in Philadelphia has rejected a request by the Department of Justice (DOJ) to bring an early conclusion to a $3 million settlement made with a Pennsylvania bank that was accused of redlining. The Philadelphia Inquirer reports US District Judge Michael...
The case of alleged mortgage fraud by Sen. Adam Schiff (D-CA) has been referred to the Department of Justice (DOJ) for criminal prosecution. Fox News reports that Bill Pulte, director of the Federal Housing Finance Agency (FHFA), sent a letter to Attorney General Pam...
The Department of Justice (DOJ) announced that Greystar Management Services LLC has agreed to pay $1.4 million to settle allegations that it violated the Servicemembers Civil Relief Act (SCRA) by imposing illegal fees on military servicemembers who terminated their...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
