top of page
Search


Washington Trust agrees to settlement over discrimination allegations
Washington Trust agrees to settlement over discrimination allegations
Payton Legal Group
Sep 30, 20232 min read
4 views
0 comments


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
4 views
0 comments


Forbearances may have reached a floor.
"Forbearance remains an option for struggling homeowners" The share of mortgage loans in forbearance has remained steady over the past...
Payton Legal Group
Jan 24, 20232 min read
4 views
0 comments


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
4 views
0 comments


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
3 views
0 comments


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
5 views
0 comments


US foreclosures continue to soar… but they are still below pre-pand
US foreclosures continue to soar
… but they are still below pre-pandemic levels
Payton Legal Group
Dec 14, 20222 min read
1 view
0 comments


'Zombie mortgages' – homeowners facing foreclosure
'Zombie mortgages' – homeowners facing foreclosure. Old mortgages are having a big impact.
Payton Legal Group
Nov 19, 20225 min read
10 views
0 comments


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
3 views
0 comments


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
7 views
0 comments


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
11 views
0 comments


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
3 views
0 comments


Mortgage delinquency rates increase after nine months
Mortgage delinquency rates increase after nine months. The number of serious delinquencies are no cause for concern, however
rustypayton
Mar 27, 20221 min read
5 views
0 comments

Does refinancing a mortgage impact your credit score?
Does refinancing a mortgage impact your credit score? Ways to help your credit score
Payton Legal Group
Mar 22, 20224 min read
6 views
0 comments


Wells Fargo faces probe over alleged discriminatory refinancing practices
Wells Fargo faces probe over alleged discriminatory refinancing practices
Payton Legal Group
Mar 20, 20222 min read
6 views
0 comments


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
4 views
0 comments


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
5 views
0 comments


Highest foreclosure activity since March 2020.
Highest foreclosure activity since March 2020. The increase coincides with lifting of CFPB restrictions
Payton Legal Group
Feb 28, 20223 min read
8 views
0 comments


Mortgage default risk increases as refi boom nears an end
The lifetime default risk of US-backed mortgages rose in the second quarter of 2021.
Payton Legal Group
Nov 24, 20211 min read
2 views
0 comments


Why some bankers are rushing to settle US redlining probes
The clampdown is coming at a particularly awkward time. A group of veteran bankers and private equity investors in Texas spotted an...
Payton Legal Group
Oct 28, 20214 min read
5 views
0 comments
bottom of page