December 14, 2015
Monday’s Adjudication Roundup
- EB-5 fraud case will get a jury trial contrary to the request from the SEC. The court rejected the SEC’s attempt to block it claiming it came too late.
- Wells Fargo settles with a group of homeowners for $25.7 million in a RICO class action for unnecessary property inspections and charging delinquent borrowers.
- AARP backs the CFPB’s $109 million fine of PHH Mortgage Corp. for allegedly making mortgage kickbacks, citing to CFPB’s enforcement power.
