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State Attorneys General State Regulators Mortgages

Ballard Spahr LLP

Massachusetts AG sues Hometap, saying company offers illegal home equity investments that really are reverse mortgages

Ballard Spahr LLP on

Alleging that a Boston company “pervasively and systematically violated the state’s consumer protection laws, including mortgage and foreclosure prevention laws, putting financially vulnerable homeowners at high risk of...more

Troutman Pepper Locke

State AGs and State Money Transmission Regulators Settle With Payment Processor Over Unauthorized Mortgage Withdrawals

Troutman Pepper Locke on

On October 17, 52 state and territorial attorneys general, in addition to state money transmission regulators, entered into settlements amounting to more than $20 million with ACI Worldwide (ACI), to resolve claims involving...more

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