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Office of the Comptroller of the Currency’s Minimum Standards for Prioritization and Handling Borrower Files Subject to Imminent...

Office of the Comptroller of the Currency’s Minimum Standards for Prioritization and Handling Borrower Files Subject to Imminent Foreclosure Sale for all OCC Regulated Banks. The OCC guidance is significant because it...more

Senator Elizabeth Warren's May 14, 2013 letter to Ben Bernanke, Eric Holder, & Mary Jo White

Senator Elizabeth Warren's May 14, 2013 letter to The Board of Governors of the Federal Reserve System, U.S. Department of Justice...

Senator Elizabeth Warren Pushes Feds For Answer On Big Bank Enforcement WASHINGTON — Sen. Elizabeth Warren (D-Mass.) raised the stakes of her quest to find out why a single Wall Street bank has not been prosecuted in the...more

ROBO-LITIGATION Re: Attorney Misconduct at Foreclosure Mills

ROBO-LITIGATION Re: Attorney Misconduct at Foreclosure Mills The scale of attorney malfeasance in connection with the foreclosure crisis is enormous. Whether attorneys knowingly filed false documents or simply failed to...more

FDIC to host banker teleconferences on CFPB mortgage rules

The FDIC has scheduled the following three free teleconferences on the CFPB’s new mortgage-related rules for officers and employees of FDIC-supervised institutions... ...more

Condominium Act Review and Public Consultation

The Ontario government recently announced that it would be undertaking a review of the Condominium Act and public consultation with condominium community stakeholders, including owners, residents, developers and property...more

Two Bank of America Fraud Whistleblowers Settle Claims, Including Former LandSafe/Countrywide Employee Who Earned $14 Million...

Seattle – May 29, 2012 – Attorneys representing former home appraisal manager Kyle W. Lagow, who blew the whistle on widespread fraud at Countrywide Financial, today announced the final settlement of Mr. Lagow’s whistleblower...more

Construction Oberview: Maryland Court of Appeals Rules that Consumer Protection Act Applies to Condominium Resale Disclosures

In a unanimous opinion filed on April 30, 2012, the Maryland Court of Appeals has established that provisions of the Maryland Consumer Protection Act apply to the information contained in a condominium resale certificate. The...more

Has the Pennsylvania Superior Court Created Chaos and Uncertainty for Existing and Already Completed Foreclosures?

The recently reported three (3) panel decision in Vukman v. Beneficial Consumer Discount Company brings into play the validity of using the Uniform Act 91 Notice that was adopted on June 5, 1999 by the Pennsylvania Housing...more

CFPB Issues S.A.F.E. Act Examination Procedures

On March 7, 2012, the Consumer Financial Protection Bureau (CFPB) issued guidance regarding examination procedures pertaining to compliance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act or...more

Licensed to Bill: Sub-Metering in Condominiums

The famous Thomas Edison once said “I shall make electricity so cheap that only the rich can afford to burn candles”. While we are still very far away from seeing Mr. Edison’s statement come to fruition, the provincial...more

Collection of Personal Information by Condo Corporations

Many condominiums collect license plate information from residents for several reasons including parking enforcement. As such, it is important to take note of the Leon’s Furniture Limited v. Alberta (Information and Privacy...more

CFPB: Defining "Larger Participant"

On June 29, 2011, the Consumer Financial Protection Bureau (CFPB) issued a request for comments regarding the requirement to implement a program to supervise certain nondepository covered persons for compliance with Federal...more

Flopping or a Valid Increase in Market Value?

Real Estate Investors are frequently criticized by Agents and Brokers because investors seemingly make huge profits in one day by purchasing a house for a low price and selling it for much more money. Investors flip houses on...more

Barry Fagan v Wells Fargo Bank

Barry Fagan v Wells Fargo Bank Re REQUEST for JUDICIAL NOTICE of a RELATED CASE/REPORT of U.S. Department of Housing and Urban...

RESULTS OF REVIEW Wells Fargo did not establish effective control over its foreclosure process. This failure permitted a control environment in which The affiants9 routinely signed and certified that they had personal...more

Small Business & Bankruptcy: Arizona Bankruptcy Attorney

Many dream of the day when they can start their own business. Unfortunately for some once the dream finally happens it ends all too soon. I am seeing many businesses that were quite successful for a number of years who have...more

Debt Forgiveness May Increase Your Tax Bill

Everybody with forgiven debt should feel exhilarated. Nonetheless, such exhilaration might be premature as the individual might have to pay taxes on the forgiven debt, unless an exemption applies. Let us review some of these...more

Real Estate Purchase Agreements: Not Exactly Ten Pages of Legal Mumbo-Jumbo

In considering a purchase or sale of real estate, whether represented by a real estate professional or braving the process on your own, one of the most important first steps in the process is drafting and signing the...more

Is KB Home (NYSE: KBH) Illegally Inflating Florida Home Prices?

Did Florida residents who purchased homes from housing giant KB Home (NYSE: KBH) fall victim to the same scheme home purchasers claim the housing giant used in California, Arizona and Nevada? Earlier this year, we filed...more

The Countrywide Blacklist

It is hard to conceive that a French philosopher from the 17th century could have an impact on our current housing crisis, but as luck would have it, Charles-Louis de Secondat, baron de La Brède et de Montesquieu may have...more

Donald Walton, United States Trustee v. Countrywide Home Loans, Inc.

Motion to Dismiss of Countrywide Home Loans, Inc.

This document is the Brief of Countrywide Home Loans, Inc. in support of the Motion to Dismiss filed in the adversary proceeding of Donald Walton, United States Trustee v. Countrywide Home Loans, Inc., in the United States...more