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Lynn Effinger joins RIO Genesis
Industry veteran and frequent HousingWire contributor Lynn Effinger has joined the management team at RIO Genesis Software Solutions as the company’s new senior vice president of institutional services.
Maryland apartment complex kicks out victims of domestic violence
An apartment complex in Maryland is being charged with violating the Fair Housing Act for refusing to renew the lease of a female tenant and her two sons after a reported domestic violence case.
PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft
According to Johnson’s lawsuit, filed Tuesday in United States District Court for the Northern District of Georgia and obtained exclusively by HousingWire, the title law firm of Morris Hardwick Schneider, Nat Hardwick and others allegedly used their positions as Johnson’s “trusted advisors” to steal $3 million from him to cover shortages in the firm’s accounts created by Hardwick himself, who allegedly embezzled at least $30 million from the firm’s own accounts and the firm’s trust accounts.
Here's why falling home prices is not good news
Many economists and housing analysts agree that a rise in interest rates will negatively impact the economy, particularly with respect to the housing sector. This will hardly be good for homebuyers.
Ocwen woes drag down Altisource
Over the course of the last ten days, Ocwen Financial and its affiliates have taken a beating from all corners of Wall Street over a letter from the New York Department of Financial Services, which alleged that Ocwen was backdating letters to borrowers.