Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft

Guaranteed Rate ordered to pay $25M in alleged loan diversion. – Chicago-based Guaranteed Rate was ordered to pay more than $25 million in damages for an alleged corporate espionage scheme that seems straight out of the play "Glengarry Glen Ross," with an employee diverting hundreds of loan applications from a rival mortgage company.

Mortgage delinquency risk hits all-time high. – The mortgage delinquency rate declined for the eighth. Fewer people filing for unemployment Guaranteed Rate ordered to pay $25M to Mount Olympus Mortgage for data theft Servicers Make 116,000 HAMP trials permanent common Mortgage Servicer Violations in Loan Modifications.. Sometimes servicers make a mistake when calculating the NPV.

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Excess and Surplus Lines Laws in the United States – The Nonadmitted and Reinsurance Reform Act (“NRRA”) came into effect on July 21, 2011 as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The purpose of the NRRA was to create a.

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Missed payments on mortgages jump to 6.4 million in April Monday Morning Cup of Coffee: Mortgage payments set to jump. – Monday Morning Cup of Coffee takes a look at news coming across HousingWire’s weekend desk, with more coverage to come on larger issues. Rising rates could cause mortgage payments to increase up.

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