Foreclosure auction activity hit a two-year high on the back of a major jump in repossessions for Veterans Affairs-backed loans, a new report from Auction.com found. Auction activity rose 19% year-over-year, according to the report, led by a 428% jump in foreclosure sales on VA-backed loans. The report cited the Federal government ending a VA […]
Foreclosure auctions spike, but bidders hold off on buying Read More »
Home equity investment platform Unlock Technologies announced it received a new multimillion dollar commitment to help support the expansion of its consumer financing contracts. The $250 million capital agreement with D2 Asset Management guarantees the purchase of originated products by the firm and doubles the amount of an initial deal the two companies signed last
HEI platform Unlock receives $250M in capital support Read More »
Frank Gargano The Justice Department says it will appeal a lower court ruling reinstating two fired Democratic board members of the National Credit Union Administration and that found their April terminations unlawful. The Department of Justice on Wednesday filed a notice with the U.S. Court of Appeals for the District of Columbia Circuit that it
DOJ to appeal ruling reinstating fired NCUA board members Read More »