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ACLU: Morgan Stanley Liable for Discriminatory Subprime Loans

October 15, 2012: 

The American Civil Liberties Union announced it would be filing a lawsuit Monday against the investment bank, alleging discrimination in the way the bank packaged subprime mortgage loans into securities.

Wells Fargo Accused of 'Reckless' Lending

October 9, 2012: 

The government has filed a lawsuit against Wells Fargo, alleging the nation's largest lender has participated in "reckless" lending of government-backed loans, but Wells Fargo insists it's done nothing wrong.

Gov't Warns Banks: More Lawsuits Coming

October 3, 2012: 

Following a lawsuit initiated against Bear Stearns this week, federal investigators warned that more lawsuits are coming against banks stemming from their sales of mortgage-backed securities.

Nevada HOAs Challenged in False Claims Lawsuit

September 28, 2012: 

The ongoing controversy of fraudulent practices, excessive assessments, and egregious collection costs of HOA fees on Las Vegas home owners has reached national attention as two local attorneys have filed a federal lawsuit against hundreds of Nevada HOAs and collection agencies.

Two Visions Come Into Focus

September 25, 2012: 

President Barack Obama and former Gov. Mitt Romney hold starkly different views on recent reforms—and on the best way to preserve the American dream.

FTC Wins Big Against Housing Infomercial Scam

September 10, 2012: 

A judge granted the FTC $478 million—the largest judgment the agency has ever obtained—against three marketers of real estate infomercials.

Smaller Banks Now Under Fire for Foreclosure Abuses

September 10, 2012: 

After a landmark mortgage settlement against the nation's largest banks earlier this year, the U.S. state attorneys general are now investigating smaller banks for alleged foreclosure mishandlings.

Internet Display of Listings: Broker Considerations for Syndication

August 23, 2012: 

These considerations can assist a broker in evaluating organizations and websites for display of the broker’s listings.

U.S. House Passes RESPA Home Warranty Clarification Act of 2011

August 2, 2012: 

The bipartisan legislation is designed to counter an erroneous Department of Housing and Urban Development interpretive rule that reversed decades of common understanding of RESPA.

FAQ on Mandatory Placement of Lock Boxes

July 5, 2012: 

At the 2012 NAR Midyear Meetings, the Board of Directors added a new paragraph in MLS Policy Statement 7.31, Lock Box Security Requirements. These FAQ explain the update.

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