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Payton Legal Group
Nov 14, 20232 min read
US foreclosure rates surge in Q3 2023
US foreclosure rates surge in Q3 2023. Economy rebounds, but foreclosure filings tell a different story.
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Payton Legal Group
Oct 23, 20233 min read
DOJ eyes real estate broker commissions, NAR under scrutiny
DOJ eyes real estate broker commissions, NAR under scrutiny. Billions at stake as NAR faces legal challenges amid calls for reform
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rustypayton
Apr 18, 20232 min read
Clarence Thomas in hot waters over alleged income from defunct real estate firm
Clarence Thomas in hot waters over alleged income from defunct real estate firm. He is in the spotlight for figures relating to real estate
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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
Jan 13, 20231 min read
US foreclosure filings surged 115% in 2022
US foreclosure filings surged 115% in 2022. The report reveals why repossession remains low despite the rise in foreclosure activity
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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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rustypayton
Mar 29, 20222 min read
Wells Fargo sued over alleged modern-day redlining practices
Wells Fargo sued over alleged modern-day redlining practices. It says claim reflects the bank's "sordid history of racial bias"
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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
Feb 15, 20223 min read
Class action targets RealManage, HomeWiseDocs for 'unconscionable fees' charged to Home owners.
Class action targets RealManage, HomeWiseDocs for 'unconscionable fees' charged to Home owners.
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Payton Legal Group
Dec 8, 20212 min read
How many renters and homeowners are missing payments?
Renters were three times more likely than homeowners to miss payments in September and October.
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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 25, 20213 min read
Citi agrees to racial audit
Citigroup Inc. became the first Wall Street bank to agree to do a deep dive into its business on racial discrimination.
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Payton Legal Group
Sep 10, 20212 min read
What happened to foreclosures after federal moratorium ended?
Report reveals impact of moratorium expiration on foreclosure activity Foreclosure activity spiked 27% month over month and 60% year over...
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Payton Legal Group
Sep 10, 20212 min read
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...
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