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...
For the second time this month, the U.S. Department of Justice (DOJ) filed a statement of interest in support of a church that said its rights were being violated under the Religious Land Use and Institutionalized Persons Act (RLUIPA). The new case involves Grace New...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
