robo-signing News

Florida Court Sides with Bank in Key Mortgage Liability Case

Florida’s highest court has ruled a homeowner cannot re-open a voluntarily dismissed foreclosure case despite allegations that the bank falsified documents, giving a win to banks in a closely watched ruling that could have affected thousands of cases in a …

Goldman Execs Win Dismissal of Mortgage, TARP Lawsuit by Shareholders

Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein and other bank officials won the dismissal of a shareholder lawsuit accusing them of tolerating poor mortgage practices and quitting a federal bailout program early to boost executive pay. U.S. District Judge …

U.S. to Seek Court Approval for $25 Billion Mortgage Deal with Big Banks

A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices and government officials will be filed in federal court on Monday, people familiar with the matter said late Friday. The pact unveiled Feb. 9 is …

States Offer U.S. Banks Deal Over Mortgage Lawsuits: Financial Times

Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported on Tuesday. The talks …