Payton Legal Group
Washington Trust agrees to settlement over discrimination allegations
Washington Trust agrees to settlement over discrimination allegations
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Payton Legal Group
Feb 28, 20232 min read
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
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Payton Legal Group
Jan 24, 20232 min read
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...
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rustypayton
Jan 18, 20233 min read
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...
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Payton Legal Group
Jan 13, 20233 min read
Bank to pay $31 million redlining settlement
Bank to pay $31 million redlining settlement. It's the DOJ's largest ever
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Payton Legal Group
Dec 22, 20224 min read
Wells Fargo problems far from over.
Wells Fargo problems far from over - report. Massive settlement isn't the end.
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Payton Legal Group
Dec 14, 20222 min read
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
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Payton Legal Group
Nov 19, 20225 min read
'Zombie mortgages' – homeowners facing foreclosure
'Zombie mortgages' – homeowners facing foreclosure. Old mortgages are having a big impact.
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Payton Legal Group
Oct 22, 20222 min read
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.
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Payton Legal Group
Jul 27, 20223 min read
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
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Payton Legal Group
Jul 15, 20223 min read
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
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Payton Legal Group
Jun 3, 20224 min read
Boston-area man convicted in 10-year mortgage fraud scheme
Scam involved at least two dozen fraudulent loan transactions totaling $6.5M.
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rustypayton
Mar 27, 20221 min read
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
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Payton Legal Group
Mar 22, 20224 min read
Does refinancing a mortgage impact your credit score?
Does refinancing a mortgage impact your credit score? Ways to help your credit score
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Payton Legal Group
Mar 20, 20222 min read
Wells Fargo faces probe over alleged discriminatory refinancing practices
Wells Fargo faces probe over alleged discriminatory refinancing practices
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Payton Legal Group
Mar 12, 20223 min read
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
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Payton Legal Group
Mar 9, 20223 min read
California man pleads guilty to mortgage modification scam.
A California man has pled guilty to operating a multimillion-dollar mortgage modification fraud scheme.
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Payton Legal Group
Feb 28, 20223 min read
Highest foreclosure activity since March 2020.
Highest foreclosure activity since March 2020. The increase coincides with lifting of CFPB restrictions
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Payton Legal Group
Nov 24, 20211 min read
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.
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Payton Legal Group
Oct 28, 20214 min read
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...
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