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13 Nov, 2008 12:07 pm by Michael J. Hassen
... action against Financial Freedom Senior Funding Corporation alleging that "Financial Freedom instituted a complex scheme to defraud senior citizens in the structuring, origination, underwriting, marketing and sale of reverse mortgages." Munoz v. Financial Freedom Senior ... At bottom, the class action alleged that defendant "included a number of hidden costs and fees in the reverse mortgage transactions, and also to have paid brokers 'kickbacks' for directing borrowers to the company." Id., at 1158. ...
Class Action Defense Blog - http://classactiondefense.jmbm.com/
15 Jul 7:52 am by Suzanne Ervine
... court orders to shut down several companies including First Gov and Foreclosure Freedom and has brought criminal charges and obtained lengthy prison sentences for ... , Inc., We Beat All Rates, and US Homeowners Preservation Center. US Foreclosure Relief Corporation Brown last week sued US Foreclosure Relief ... success rate and promising consumers significant reductions in the principal balance of their mortgages; California Business and Professions Code section 17200 by failing to perform on promises ...
Scribe - http://legaldocumentassistant.blogspot.com/
23 Dec, 2008 4:01 am by Bob Kraft
... in plaintiffs??? attorneys (who look to punish corporate negligence or fraud with civil lawsuits), deregulate industry and commerce (we all know how well Wall Street did with its freedom), and nullify important consumer protection laws ( ... the Securities and Exchange Commission backed off its scrutiny of screwy deals and schemes, the Congress was lax in its oversight of the mortgage industry, litigators were thwarted or punished, and the White House and Justice Department pushed a legal doctrine ...
Personal Injury and Social Security Disability Blog - http://www.injury-and-disability.com/
22 Dec, 2008 9:58 am by Bob Kraft
... in plaintiffs??? attorneys (who look to punish corporate negligence or fraud with civil lawsuits), deregulate industry and commerce (we all know how well Wall Street did with its freedom), and nullify important consumer protection laws ( ... the Securities and Exchange Commission backed off its scrutiny of screwy deals and schemes, the Congress was lax in its oversight of the mortgage industry, litigators were thwarted or punished, and the White House and Justice Department pushed a legal doctrine ...
P.I.S.S.D. -- Personal Injury, Social Security Disability. - http://www.pissd.com/
22 Feb 2:53 pm by Kevin P. Whitaker
March 4, 2009 could be a busy day, for some. News reports on mortgages and the stimulus package provisions for banks and homeowners have people on twitter, blogs, ... market is dropping, jobs are vanishing and some of the nation's once-iconic corporations face possible bankruptcy. The question many continue asking is, "Given the larger economic ... drown him." Neither our economy nor our mortgage interest rates are the greatness of America. No, freedom and the opportunity for a better life have guided us ...
Massachusetts Lawyer Blog - http://www.massachusettslawyerblog.com/
17 Jul, 2007 6:21 am
New Freedom Mortgage Corporation brought an action against Lawyers Title Insurance, title insurer, to recover indemnity under a closing protection letter for losses caused by allegedly sham sale to straw purchaser at inflated value. The Georgia Superior Court, Fulton County, entered judgment on a jury verdict for New Freedom Mortgage Corporation. Lawyers Title Insurance appealed and the Court of Appeals reversed granting a new trial. A Fulton County, … Read More...
Mortgage Fraud Blog - http://www.mortgagefraudblog.com/index.php/weblog/index/
31 Jan, 2008 8:59 am
New Freedom Mortgage Corporation filed a contractual indemnification claim against Lawyers Title Insurance Corporation. New Freedom brought the action against Lawyers Title to recover indemnity under the closing protection letter for an attorney's alleged fraud at a real estate closing. The CPL obligated Lawyers Title to indemnify New Freedom for actual losses incurred in connection with residential real estate closings arising out of, among other things, (1) the … Read More...
Mortgage Fraud Blog - http://www.mortgagefraudblog.com/index.php/weblog/index/
21 Jul, 2008 4:47 pm
... groups like: telecommunications companies that violated Americans' privacy through the Bush Administration's illegal wiretapping, the mortgage industry that gave homeowners predatory loans, and employers that engage in pay discrimination. As deplorable as ... connection between our legal rights and our ability to fight for economic security, health, safety, and freedom from corporate abuse. It is also our hope that the netroots will develop a framework for identifying and correcting empty tort " ...
TortDeform - http://www.tortdeform.com/
8 May, 2008 7:53 am
... recent months, however, some mortgage services such as Calabasas, California based Countrywide Financial Corporation have come under intense scrutiny by the Department of Justice for foreclosing homes prematurely only to pile on unnecessary and costly fees on borrowers during ... described as her family's dream home in Waleska, Georgia. After securing a home loan from American Freedom Mortgage her mortgage was sold to Countrywide. During Mrs. Atchley's grieving period after her sister's death, she ...
TortDeform - http://www.tortdeform.com/
23 Nov 3:00 am
... to the LLC at a price based on a specified multiple of the company's net operating income, less the current mortgage balance, payable over five years. The plaintiffs (husband and wife), who wanted to transfer their combined 20% membership ... common law are to be strictly construed shall have no application to this chapter," and that "it is the policy of this chapter to give the maximum effect to the principle of freedom of contract and to the enforceability of limited liability company agreements."
New York Business Divorce - http://www.nybusinessdivorce.com/
20 Nov 9:13 pm
... of FNMA and GNMA, for example, Pozen seems much more impressed by the pressure the mortgage-buyers experienced from the CEO of Countrywide Finance than anything they may have felt ... fairly sophisticated argument here. He grants that commercial banks gained some new freedom after repeal. But he says that many of their goals they had ... example, does he think we can blame our troubles on the shift to corporate structure at the great investment bank, and the corollary institution of heads-I-win, tails- ...
Underbelly: A Journal of Soft Information - http://underbelly-buce.blogspot.com/index.html
1 Oct, 2008 8:13 pm by Peter Rost
... and instead this money will go the treasury to help pay for the bailout. d) 25% of major U.S. corporations currently pay NO federal income tax. Federal ... can get some of its money back. Thus, the total initial cost of fixing the mortgage crisis at its roots (instead of with the greedy lenders) is $150 billion, not $700 billion. ... because we have learned that government is not the answer. We have learned that freedom and competition are the answers. We have learned that we promote economic growth ...
THE PHARMA LAW BLOG - http://peterrost.blogspot.com/
22 Dec, 2006 2:09 am
... judges; repealer 492 S7011A DEFRANCISCO -- Authorizes the request of the payment of court costs under certain conditions in freedom of information litigation 491 S6899 MARCHI -- Relates to certain disabilities incurred by members of the uniformed ... Erie County Medical Center as peace officers 466 S5947A FARLEY -- Provides for expiration of the authorization for imposition of mortgage recording tax in Montgomery county 465 S5849D MAZIARZ -- Authorizes the office of parks, recreation and historic ...
New York Supreme Court Criminal Term Library Blog - http://www.bloglines.com/blog/PLL
... , thought government was the answer. In this period of economic growth and prosperity, we believe freedom is the answer."[1] Clearly, this freedom from restrictions on risk and conflicts benefitted industry, but it is hard to tell how it benefitted the ... by active trading markets - and can fluctuate daily, if not constantly - something not typically expected with a mortgage or with credit card fees. The benefits of a particular investment are expected to be realized over time by the buyer - either ...
The Harvard Law School Corporate Governance Blog - http://blogs.law.harvard.edu/corpgov
15 Jan, 2008 12:36 am
... funds to be used to offset the costs of burial of honorably discharged veterans 651 S4383C SKELOS -- Enacts the "freedom to report terrorism act" 650 S4374 MARCELLINO -- Authorizes Christian City Church of New York, Inc. ... Leonardsville, West Winfield central school district to the Mount Markham central school district 493 S6023A PADAVAN -- Relates to mortgage modification provisions for redevelopment companies in cities with a population of one million or more 492 S6019 SKELOS -- Authorizes the ...
New York Supreme Court Criminal Term Library Blog - http://www.bloglines.com/blog/PLL
11 Mar 2:22 am
... the value of the underlying real-estate assets." The process the Commission followed, which was designed to work out the mortgage or dispose of the property in some productive way, could be a useful model for today. The lesson for the current circumstances from the ... ?: Some readers may have noted that this past Friday night, the FDIC took control of yet another bank, Freedom Bank of Georgia (as noted here). Prior to its closure, the bank, which was located in Commerce, Georgia, had assets of $ ...
The D & O Diary - http://www.dandodiary.com/
2 Nov, 2008 10:07 pm
... October 20, 2008 (here), and October 28, 2008 (here), the "aggressive mortgage financed acquisition strategy" of General Growth Properties, the second-largest U.S. ... try to address the company's "most pressing problem," which is $900 million in mortgage acquisition costs coming due on November 28. The October 28 Journal article ... close of business on Friday October 31, 2008, state banking regulators closed Freedom Bank of Bradenton, Florida, and the FDIC was named as a received. An FDIC press release ...
The D & O Diary - http://www.dandodiary.com/
16 May, 2008 11:29 am by Tracy Coenen
... exist. Do it yourself. There is also a page on Dave's site that addresses "mortgage accelerator" programs in general. He hates them. Here's what he says ... one thing about Dave Ramsey: He's consistent. His message of debt freedom has stayed consistent over the last 15 years. It's this same message ... happily obliged to answer the question, and within 10 seconds I knew that I was being pitched the mortgage accelorator for the 12th time. When a short break came in the conversation, I politely said to her ...
The FRAUDfiles Blog - http://www.sequence-inc.com/fraudfiles
25 Dec, 2008 2:14 am by John Day
... in plaintiffs' attorneys (who look to punish corporate negligence or fraud with civil lawsuits), deregulate industry and commerce (we all know how well Wall Street did with its freedom), and nullify important consumer protection laws (like ... the Securities and Exchange Commission backed off its scrutiny of screwy deals and schemes, the Congress was lax in its oversight of the mortgage industry, litigators were thwarted or punished, and the White House and Justice Department pushed a legal doctrine ...
Day on Torts - http://www.dayontorts.com/
25 Dec, 2008 2:14 am
... in plaintiffs' attorneys (who look to punish corporate negligence or fraud with civil lawsuits), deregulate industry and commerce (we all know how well Wall Street did with its freedom), and nullify important consumer protection laws (like ... the Securities and Exchange Commission backed off its scrutiny of screwy deals and schemes, the Congress was lax in its oversight of the mortgage industry, litigators were thwarted or punished, and the White House and Justice Department pushed a legal doctrine ...
Tags: Reform, Tort
Day on Torts - http://www.dayontorts.com/
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