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A firm settled NYSE American charges for (i) preemptively crossing an order that enabled the firm to circumvent competition from on-floor market makers and (ii) adjusting a trade to an inferior price for a customer without prior customer agreement.

A full-service broker-dealer firm settled NYSE charges for routing competing orders for the same security at the same price, for the account of the same principal, to two different floor brokers.

On March 9, the FTC unanimously voted to block the proposed merger between the nation's largest provider of home mortgage loan origination systems (LOS) and other key lender software tools...

The U.S. Department of Housing and Urban Development (HUD) recently addressed eligibility for FHA mortgage loans for Deferred Action for Childhood Arrival (DACA)...

If a bank has approved a loan application but later changes its mind, it should promptly advise the loan applicant; otherwise, the bank may face liability for punitive damages.

The Federal Trade Commission (FTC) recently announced a settlement of a lead generation enforcement action.

tenancy Fannie Mae Deed of Trust Missouri Court of Appeals Mortgage liens Spouse Lenders

CFPB Press Release: Consumer Financial Protection Bureau Settles with Santander Consumer USA Inc. for Credit Reporting Violations in Connection with Its Auto Loans.

On January 26, 2023, the Massachusetts Division of Banks (DOB) entered into a consent order​ with a California-based mortgage lender.

On July 6, 2011, the Securities Division of The Office of the Secretary of the Commonwealth (the "Securities Division") released a report on the results of a social media survey it previously sent to Massachusetts-registered investment advisers.

This case is significant to mortgage lenders on both residential and commercial condominiums in Massachusetts.

A mortgage banker agreed to pay a $5 million fine, following restitution payments of $7 million, to settle charges brought by the New York State Department of Financial Services ("DFS").

In November 2004, NASD issued guidance to members regarding whether there are any exceptions to NASD’s position that negative response letters should not be used for special product accounts, including mutual fund and variable annuity accounts where the account is held directly with the issuer.

On June 17, 2015, the OCC announced its intention to escheat at the end of 2015 any remaining uncashed payments made pursuant to the Independent Foreclosure Review Payment Agreement.

PHH Mortgage Corporation, the ninth largest residential mortgage servicing company in the country, agreed Wednesday to pay over $45 million to settle claims brought against it by the Attorneys General...

Public companies and companies registering to go public should be aware of recent fee rate adjustments made by the Securities and Exchange Commission.

On June 27, 2011, the Securities and Exchange Commission (SEC) extended the compliance date for certain requirements of Rule 15c3-5 (the "market access rule") under the Securities Exchange Act of 1934.

On October 1, 2008, the Securities and Exchange Commission (“SEC” or the “Commission”) extended the emergency order (the “Order”) prohibiting short selling in the securities of financial companies.