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The City of Cincinnati is suing Harbour Portfolio Advisors—“one of the nation’s largest sellers of foreclosed homes”—for skipping out on housing code violations and for targeting buyers with “predatory and unconscionable” contracts-for-deed and other similar arrangements – NYTimes
While we’re at it, federal and state regulators took aim yesterday at mortgage servicer Ocwen Financial with a raft of lawsuits and enforcement actions meant to curb “years of flagrant and repeated abuses, including illegal foreclosures, deceptive fees and extensive mishandling of customers’ home loan payments” – NYTimes and Law360
Streetwise has a careful eye on what the markets are telling us about the economy (Treasury bond yields, especially), and there’s plenty of evidence that the election-related surge is on its way out – WSJ
Paul Tudor agrees – Bloomberg
Unilever, as if trumpeting its successful defense of Kraft Heinz’s takeover bid in February, is now in the ketchup business (fancy, no less) with the acquisition of condiment-maker Sir Kensington’s – NYTimes
Most SEC news these days has focused on its anticipated plans for less enforcement. But when it comes to companies failing to report cyber incidents and risks, better think again (promises the agency’s acting enforcement chief) – Law360
The Fed has fined Deutsche Bank $157 million for alleged Forex-trading violations and inadequate compliance with the Volcker rule (prohibiting it from proprietary trading) – WSJ and Law360
Little known fact: on 4/21 we get to celebrate (and discuss) the financial aspects of MJ – WSJ
Don’t you hate it when you catch a case of the jogs? Running, it seems, is contagious (socially, at least) – NYTimes
Have a great weekend.