Remove Finance Remove Legal Remove Legal Fees Remove Mortgage
article thumbnail

DOL accuses PrimeLending of violating whistleblower provisions

Housing Wire

Department of Labor announced on Wednesday that they found that PrimeLending , a Texas-based retail mortgage bank, violated whistleblower provisions in a case involving two employees who raised consumer fraud concerns. mortgage lender in 2023. Investigators at the U.S. The company’s estimated origination volume was $8.24

article thumbnail

Mr. Cooper sues ACI for damages related to unauthorized mortgage payments

Housing Wire

Mortgage servicer Nationstar , doing business as Mr. Cooper , has filed a lawsuit against electronic payment processing vendor ACI Payments related to the damages it allegedly suffered from unauthorized mortgage payments imposed on its customers two years ago. ”

Mortgage 371
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Going to Extremes

Appraisal Buzz

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. The powerhouse roster of speakers included the organizer herself, Toni Moss, CEO of AmeriCatalysts, LLC.

HOA 370
article thumbnail

Title insurers reckon with attorney opinion letters

Housing Wire

Now, thanks to United Wholesale Mortgage (UWM) CEO Mat Ishbia’s recent announcement that his company is hiring attorneys to review title and closing documents, AOLs and the risks associated with them, have been a hot topic at this year’s ALTA One conference. This is a top priority for ALTA.”.

Insurance 347
article thumbnail

5 Negotiation Secrets Smart Buyers Use to Get Better Deals

Berkshire Hathaway

Besides the purchasing price, your budget should also include other costs such as renovations, structural and environmental assessments, downtime during transitions, legal fees, realty commissions, taxes, and contingencies. You should also consider the financing options available for your investment property.

Buyers 49