According to sources, Wells Fargo received a formal notice from the Consumer Financial Protection Bureau about problems with its use of mortgage interest discounts. Wells Fargo hired a law firm to outsmart mortgage lenders whose sales included steep discounts, the sources said. Several banks received MRAs on lending practices last year, the CFPB said, without … [Read more…]
Hundreds of properties in Quebec change hands every day, most of them without us knowing the exact details. That was before we became interested… Here are the latest transactions that caught our attention. A massive estate on the edge of Lac des Deux-Montagnes in the Lower Laurentians has just been sold by its owner for … [Read more…]
(Bloomberg) — Blackstone Inc. is the leading candidate to emerge from the Federal Deposit Insurance Corp.’s sale of Signature Bank debt, according to people familiar with the matter. can gain a portfolio of commercial real estate loans worth approximately $17 billion. Most read by Bloomberg Regulators seized the failed bank in March, marketing loans secured … [Read more…]