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CFPB bans RMK Financial from mortgage industry for deceptive practices
Deceptive mortgage ads have led to a $1 million fine and a permanent ban on the company
Payton Legal Group
Feb 28, 20232 min read
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Mortgage fraud trial looms for top prosecutor.
Tenure was marked by high-profile decisions. With a March trial date quickly approaching in the federal perjury case against Baltimore’s...
rustypayton
Jan 18, 20233 min read
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Bank to pay $31 million redlining settlement
Bank to pay $31 million redlining settlement. It's the DOJ's largest ever
Payton Legal Group
Jan 13, 20233 min read
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Wells Fargo problems far from over.
Wells Fargo problems far from over - report. Massive settlement isn't the end.
Payton Legal Group
Dec 22, 20224 min read
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Credit Suisse to pay $495 million to settle legacy RMBS case
Credit Suisse Group AG agreed to pay $495 million to settle the largest remaining case related to mortgage-backed securities.
Payton Legal Group
Oct 22, 20222 min read
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Three more captured in massive multistate fraud scheme
Three more were captured in a massive multistate fraud scheme.
The trio unsuccessfully sought to declare themselves immune from prosecution
Payton Legal Group
Jul 27, 20223 min read
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New York man pleads guilty in mortgage fraud scheme
A New York man has pleaded guilty for his role in a mortgage fraud scheme involving multiple mortgage loans at a multifamily complex, US Ju
Payton Legal Group
Jul 15, 20223 min read
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Boston-area man convicted in 10-year mortgage fraud scheme
Scam involved at least two dozen fraudulent loan transactions totaling $6.5M.
Payton Legal Group
Jun 3, 20224 min read
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New Jersey man draws nine-year prison stint for mortgage fraud
A New Jersey man was sentenced on Thursday to 108 months in prison for conspiring to obtain mortgage loans to finance the sale of properties
Payton Legal Group
Mar 12, 20223 min read
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California man pleads guilty to mortgage modification scam.
A California man has pled guilty to operating a multimillion-dollar mortgage modification fraud scheme.
Payton Legal Group
Mar 9, 20223 min read
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High profile prosecutor indicted over false mortgage applications
It is a four-count indictment A federal grand jury indicted Baltimore’s top prosecutor Thursday on charges of perjury and making false...
rustypayton
Jan 14, 20223 min read
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Wells Fargo slapped by multi-million fine
Consumer missteps come back to haunt it Wells Fargo & Co. will pay a $250 million fine after the Office of the Comptroller of the...
Payton Legal Group
Sep 10, 20212 min read
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Illinois real estate developer faces fraud charges for “helping” buyers qualify for mortgage loans
A real estate developer from Illinois and two others have been accused of running a multi-million-dollar mortgage fraud scheme.
Payton Legal Group
Feb 4, 20211 min read
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Rent payments down, fraud up, say multifamily landlords
Results Matter. Knowledge Delivers. Payton Legal Group represents Chicago consumers in matters of foreclosure, bankruptcy, consumer rights,
Payton Legal Group
Oct 16, 20201 min read
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