Regulators: SunTrust Mortgage Must Provide $540M In Relief To Consumers Wronged By Shady Practices

Regulators: SunTrust Mortgage Must Provide $540M In Relief To Consumers Wronged By Shady Practices

Homeowners underwater with their mortgages and those who lost their homes to foreclosure could be seeing a bit of relief now that several federal agencies and state attorneys generals have filed an order requiring SunTrust Mortgage, Inc. to provide restitution for servicing wrongs. [More]

Despite Regulations, Survivors Face Foreclosures After Reverse Mortgage Borrower’s Death

Despite Regulations, Survivors Face Foreclosures After Reverse Mortgage Borrower’s Death

There are a number of reasons someone might take out a reverse mortgage: to pay for prescriptions or medial care, to subsidize their daily living expenses or even to settle their fear of becoming a burden to their family. But the product that was designed to keep elderly consumers in their homes is now wreaking havoc on their surviving loved ones. [More]

HOA Agrees To Pay $65K For Banning Family From Parking Ambulance In The Driveway

HOA Agrees To Pay $65K For Banning Family From Parking Ambulance In The Driveway

When a Las Vegas family bought an ambulance for their son, it wasn’t so he could go tearing around town in it, woo-wooing the siren all over the neighborhood. No, it was purchased so the family could transport their disabled son to appointments. Despite what would seem like a very valid use of the vehicle, their homeowners association banned the family from parking it in the driveway. [More]