U.S. Sues Wells Fargo in Civil Mortgage FIRREA Fraud Case
The U.S. government filed a civil mortgage fraud lawsuit on Tuesday against Wells Fargo & Co, the latest legal volley against big banks for their lending during the housing boom. The complaint,...
View ArticleCommentary: Will HUD’s Disparate Impact Rule Have Say in Ratemaking?
Despite the McCarran-Ferguson Act, which reserved the regulation of the “business of insurance” to the states, the Department of Housing and Urban Development (HUD) has given itself the ability to...
View ArticleHUD Announces $37M in Disaster Aid in Oklahoma
Oklahoma and the city of Moore will receive nearly $37 million in federal aid to help recover from the tornadoes and storms that killed dozens of people and caused damage estimated at more than $1...
View ArticleNearly $200M More For Colorado Flood Recovery
Colorado is getting an additional $199 million from the federal government to help communities devastated by September’s historic floods, U.S. Housing and Urban Development Secretary Shaun Donovan...
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