In a distressing incident highlighting the critical impact of administrative errors in mortgage servicing, a now-separated couple from Palmdale, California, has filed a multi-count lawsuit against ...
Getting your Trinity Audio player ready... Newrez, a large mortgage lender based in Pennsylvania, informed the state on Monday that it will fire another 317 workers in Colorado beyond the 103 it said ...
Specialized Loan Servicing, Bank of America and Computershare were hit with a complaint Monday in Colorado District Court for allegedly conspiring to commit fraud by wire transfer. The suit was ...
Specialized Loan Servicing was hit with a consumer class action on Jan. 26 in Illinois Circuit Court for Cook County for claims under the Fair Debt Collection Practices Act. The suit, brought by the ...
VIRGINIA BEACH, Va., March 16, 2023 /PRNewswire/ -- LoanCare, LLC, a top U.S. mortgage subservicer, today announced the launch of Velocity Servicing™, an independently managed division dedicated to ...
Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. In a major shakeup, one of the nation’s largest student loan ...
A mortgage servicer helps in processing loans and ensuring appropriate use of loan funds. If you're applying for a mortgage, there's a good chance you'll work with a mortgage servicing company. A ...
Global credit ratings agency Fitch downgraded Kenya's sovereign rating to "B-" from "B" on Friday, citing heightened risks to the East African country's public finances after the government ...