Bill on Bankruptcy: What's in the $83M ResCap Examiner's Report?
Supreme Court’s Recent ERISA Subrogation Ruling is Shortsighted, Makes Personal Injury Settlements More Difficult
Bill on Bankruptcy: The Market's Unquenchable Thirst for Junk
China's Export Policy Changes After U.S. Antitrust Case
Insurance Dispute Freezes Avandia Victims’ Fund
Bill on Bankruptcy: ResCap Report, a Bargain at $83 Million
Bill on Bankruptcy: Stockton May Win the Battle, Lose the War
Bill on Bankruptcy: Sigmund Freud, Marx Brothers, Bernie Madoff
The Decision Maker's Guide to Contested Proceedings Under the American Invents Act
Weekly Brief: New Round of Layoffs Hit Law Firms
Bill on Bankruptcy: Secret Madoff Agreement May Harm Victims
$300 Million Dairy Settlement Will Bring Reform, Lawyer Says
FTC Hits Path with $800k Fine, Continues to Make Mobile Privacy a Priority
Should Wall Street Fear Mary Jo White?
Elmo Sex Scandal: More Accusers May Come Forward, Says Lawyer
Legal Fallout of an Armstrong Confession
Any follower of this blog or the mortgage crisis at large will — sadly — not be surprised by the seemingly never-ending news of foreclosure misdeeds by the nation’s biggest banks. Recent news reveals a particularly...more
On February 15, House Financial Services Committee Ranking Member Maxine Waters (D-CA) sent an amended set of requests to the Federal Reserve Board and the OCC regarding the recent agreements in principle to end the...more
The Department of Justice on Feb. 15 announced a $35 million settlement with Lender Processing Services (LPS) subsidiary DocX, stemming from the so-called “robosigning” scandal of 2010. DocX was in the business of...more
On January 31, Senator Elizabeth Warren (D-MA) and Representative Elijah Cummings (D-MD), House Oversight Committee Ranking Member, sent a letter to the Federal Reserve Board and the OCC seeking documents and information...more
On January 31, the state attorneys general (AGs) for 45 states obtained an agreement from a mortgage servicing and foreclosure vendor, and its former subsidiary, to resolve allegations that the company “robo-signed”...more
On January 16, the Federal Reserve Board announced that two additional mortgage servicers subject to consent orders issued in April 2011 agreed in principle to a monetary resolution of allegations that the firms engaged in...more
On January 7, the OCC and the Federal Reserve Board announced that 10 of the 14 mortgage servicers subject to consent orders issued in April 2011 regarding alleged improper servicing and foreclosure practices agreed in...more
Ten major banks last week agreed to pay out $8.5 billion to settle allegations that they engaged in abusive foreclosure practices in 2009 and 2010. Of the settlement money, $3.3 billion will go to homeowners whose homes...more
In a joint press release issued by the Federal Reserve and the Office of the Comptroller of the Currency, news this past week is that 10 mortgage servicers around the country have entered into a settlement agreement with the...more
We have long been skeptical of most loan “repurchase” or “indemnification” demands made by big banks against the third-party originators (i.e., correspondent lenders) who sold those loans to the big banks many years ago....more
A few weeks ago, we discussed the fight between Florida Attorney General Pam Bondi and the Florida Legislature over $334,000,000 that came to Florida as part of its settlement deal with the five Big Banks in the national...more
In many foreclosure cases, the strategy of the borrower is simply to delay the case. Typically, the borrower hopes that delay will allow time to either work out a settlement with the lender or find a third party buyer for the...more
JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...
Learn More or Schedule a demo
