Settlements for mortgage insurance kickbacks reach $39M in Florida, NJ

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Locke Lord’s Consumer Finance Practice Group regularly advises many of the largest consumer financial services companies in the United States, including banks, mortgage companies, consumer lenders, loan servicers, credit card issuers, auto finance companies, and retail credit providers on legal issues across a wide range of matters.

Law360, Los Angeles (October 23, 2013, 7:28 PM EDT) — Prospect Mortgage LLC has agreed. who the state says were harmed by the mortgage lender’s practices. Prospect did not admit any wrongdoing.

All 10 NHCA suits are based on nearly identical allegations about purported violations of the Anti-Kickback Statute. explained that the NHCA was spearheaded by a New Jersey lawyer who scoured.

Mortgage delinquencies are down across the U.S. – but up in South Florida. Here’s why. Total U.S. loan delinquency rate. is the mortgage and finance industries’ leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business.

The proposed settlement. all title insurance and settlement services to Title Resource Group in exchange for referral fees and kickbacks funneled through PHH Home Loans. The agreement also made PHH.

Digital media marketers are aggressively increasing the use of so-called sponsored content, or native advertising to reach new customers. and unambiguous to change the apparent meaning of the.

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State and federal officials have been negotiating an agreement with the largest mortgage servicers that would. For the latest verdict and settlement news, click here. New Jersey Governor Chris.

A marketing company accused of participating in a kickback. insurance. A New Jersey federal judge ruled the doctor had shown alleged violations of secondary payer laws are material to the.

The Real estate settlement procedures Act requires mortgage lenders to provide borrowers with accurate and timely cost disclosures for the real estate settlement process, as well as providing other regulations regarding real estate lending practices.

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