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
- 1 min
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
- 4 min
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
- 2 min
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
- 3 min
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
- 3 min
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
- 3 min
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
- 3 min
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, 2021
- 2 min
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, 2021
- 1 min
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, 2021
- 3 min
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, 2021
- 2 min
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, 2021
- 2 min
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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Payton Legal Group
- Aug 4, 2021
- 2 min
Mortgage boom drives biggest jump in household debt since 2013
US household debt rose at the fastest pace since 2013 in the second quarter.
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Payton Legal Group
- Jun 25, 2021
- 2 min
CDC delivers verdict on eviction and foreclosure bans
Centers for Disease Control extends the nationwide ban protecting tenants who are unable to make rental payment for one final month.
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Payton Legal Group
- Jun 22, 2021
- 1 min
MBA announces support for a plan to close the racial homeownership gap
The Mortgage Bankers Association has announced its support for the Black Homeownership Collaborative’s plan to boost Black Homeownership.
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Payton Legal Group
- Jun 4, 2021
- 1 min
Forbearance share dips as re-entries increase
Forbearance re-entries increased to almost 5.6%.
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Payton Legal Group
- Jun 1, 2021
- 3 min
What’s the impact of the end of forbearance?
On June 30 of this year, the federal forbearance program is set to end.
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Payton Legal Group
- May 10, 2021
- 2 min
Complaints hit record levels – CFPB
Mortgage customers aren’t happy – in fact, the last time they were this unhappy was April 2018.
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Payton Legal Group
- May 1, 2021
- 3 min
U.S. Foreclosure Activity Continues To Increase Despite Government Moratorium
Foreclosure Activity Increases 9 Percent in First Quarter of 2021; Foreclosure Starts Increase 3 Percent From Last Quarter.
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