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BLOG 2018-04-23T09:09:51-06:00

Credit Suisse to Pay $400 Million in RMBS Litigation

After allegedly selling toxic residential mortgage-backed securities which led to the failure of three credit unions, Credit Suisse Securities has agreed to pay $400 million in a settlement on Wednesday. [...]

Altisource Expands Vendor Oversight Platform

Alitsource Portfolio Solutions, a mortgage and real estate technology provider, announced today that its Vendorly platform, which manages vendor oversight for financial institutions, is now available to all across the [...]

Underwater Mortgages on Decline

The number of seriously underwater properties is on the decline, according to a recent home equity report. Approximately 5.5 million U.S. homes were seriously underwater for the quarter—a drop from [...]

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