Industry News for Oct 13 (scroll down)

2 Midwest Banks Fail...
The Illinois Department of Financial Professional Regulation's Division of Banks closed down Meridian Bank, according to a statement. National Bank ha...

Lawsuit Dropped Against Illino...
On Wednesday, the sheriff of Cook County, Illinois, issued a statement indicating he is suspending all foreclosure evictions. The following day, Accr...

Inside Mortgage Fraud...
Assistant U.S. Attorney Shamoil Shipchandler spoke to the Dallas Mortgage Bankers Association last month about the prosecution of fraud. He described ...