On June 17, the Consumer Financial Protection Bureau (CFPB), Department of Housing and Urban Development (HUD), Department of Justice (DOJ) and 49 state attorneys general filed a proposed federal court order against Richmond, Virginia-based SunTrust Mortgage, Inc. According to a CFPB press release, the order alleges that SunTrust “took advantage of homeowners with servicing shortcuts and unauthorized fees … deceived homeowners about foreclosure alternatives and improperly denied loan modifications,” and “engaged in illegal foreclosure practices.” If signed by the presiding judge, the order would provide at least $500 million in relief to borrowers who are underwater with their loans, among other penalties. For more, read the full release.