Ally Stops Buying Mortgages in Massachusetts
Housingwire.com posts a story about how Ally Financial will no longer originate Massachusetts mortgages through its correspondent and wholesale lending channels in the wake of the attorney general lawsuit filed Thursday. To read the full article, click here.
Nationwide joint investigation could make banks subject to fines
A joint investigation by every state and the District of Columbia could force mortgage companies to settle allegations that they used flawed documents to foreclose on hundreds of thousands of homeowners. To read the full article please click this link.