Tag: Real Estate and Mortgages

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TIME: 9:00 a.m. to 5:00 p.m. CT (Registration at 8:30 a.m.) WHERE: Washington University School of Law, Anheuser-Busch Hall, Bryan Cave Moot Courtroom, Room 310, St. Louis, Missouri
CoreLogic, Inc. has agreed to settle Federal Trade Commission charges that its proposed $661 million acquisition of DataQuick Information Systems, Inc. from TPG VI Ontario 1 AIV L.P. (TPG) would likely substantially lessen competition in the market for national assessor and recorder bulk data.
The Federal Trade Commission today announced that it has settled charges brought against a group of real estate brokers in southeastern Michigan for violating the antitrust laws by adopting and enforcing rules and policies that block certain property listings from the MiRealSource Multiple Listing...
Los demandados de dos presuntas estafas separadas han aceptado resolver los cargos presentados por la Comisión Federal de Comercio (FTC, por su sigla en inglés) y se les prohibirá proveer servicios de asistencia para deudores hipotecarios y de alivio de endeudamiento.
The defendants in two separate alleged scams have settled charges with the Federal Trade Commission and will be banned from providing mortgage- and debt-relief services.  The cases are part of the FTC’s continuing crackdown on scams targeting consumers in financial distress, including debt relief...
Following an appeal by RealComp, the United States Court of Appeals for the Sixth Circuit upheld the FTC order. On August 15, 2011 Realcomp appealed to the Supreme Court. On October 11, 2011 the Supreme Court denied Realcomp's petition for a writ of certiorari.
The Federal Trade Commission filed suit in federal court to halt a mortgage relief scheme that allegedly deceived and preyed on distressed homeowners by charging them $2,000 to $4,000 based on bogus foreclosure rescue claims.
The FTC hosted a public workshop to explore consumer protection issues arising from the emergence of "nontraditional" or "alternative" mortgage products in the United States residential mortgage marketplace. The workshop provided an opportunity for government regulators, industry...
The FTC and the Department of Justice hosted a public workshop that focused on issues related to the competitiveness of the residential real estate industry, and covered topics such as multiple listing services, online "virtual office Web sites," discount and limited-service brokers...
Housing and mortgage market turmoil is affecting the financial security of countless hardworking Americans, and raising questions about the adequacy of consumer protection regulations in mortgage and housing markets. Concerns about increases in delinquencies and foreclosures have led...
The Federal Trade Commission has warned the operators of six websites that share information about consumers’ rental histories with landlords that they may be subject to the requirements of the Fair Credit Reporting Act (FCRA).
The defendants behind an alleged mortgage relief scam have agreed to settle FTC charges that they deceived cash-strapped consumers into believing they could hold onto their homes and reduce their mortgage payments by either suing their mortgage lenders in so-called “mass joinder” lawsuits or...
The defendants behind an operation that allegedly preyed on vulnerable homeowners have agreed to settle Federal Trade Commission charges that they lured people into paying $1,995 or more by holding out bogus promises that they could help them avoid foreclosure and renegotiate their mortgages.
As part of its continuing crackdown on scams that target consumers in financial distress, the Federal Trade Commission obtained a settlement order resolving charges against a nationwide scam operating from the Dominican Republic and banning the defendants from providing mortgage assistance relief...

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