Search for: "Federal Savings Bank, The"
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27 Apr 2011, 9:23 am
The US Supreme Court (5-4) held that California's Discover Bank rule is preempted by the Federal Arbitration Act (FAA) because it "stands as an obstacle to the accomplishment and execution of the full purposes and objectives of Congress. [read post]
27 Apr 2011, 6:00 am
The report found that OTS, which regulates savings and loan associations like Countrywide Financial and IndyMac, had long promoted the interests of these regulated entities, a phenomenon known as regulatory capture.According to the report, OTS did not adequately regulate Washington Mutual and even actively resisted regulation of it by the Federal Deposit Insurance Corporation (FDIC), the thrift’s secondary regulator. [read post]
25 Apr 2011, 7:47 pm
Now, you have to understand that, at the time, I was devoting my weekends to driving around Southern California conducting on-camera interviews with homeowners who either had already saved their homes from foreclosure, or were in the process of trying to get their loans modified, and the reoccurring theme was coming across loud and clear: “We tried contacting our bank on our own for a year and got nowhere, so we hired a law firm or mortgage expert company for $3,000, give or… [read post]
25 Apr 2011, 10:06 am
This bill imposes about $1 billion in costs by taking away options that domestic American businesses use, to save a comparatively trivial amount for the Patent Office and a small number of multinational corporations. [read post]
24 Apr 2011, 3:55 pm
There should also be a federal grand jury investigating this monumental failure. [read post]
24 Apr 2011, 7:51 am
If I had to guess, that money is likely being used to draw down some sort of federal matching funds. [read post]
23 Apr 2011, 12:46 pm
” People who did nothing wrong are going to be rounded up, humiliated, their livelihoods destroyed, their savings spent and houses mortgaged to pay legal fees defending themselves against the might of the federal government. [read post]
22 Apr 2011, 2:49 pm
Supporting such regulatory efforts, for the federal government, will be Deputy U.S. [read post]
22 Apr 2011, 2:49 pm
I defend homeowners because the banks are far too powerful. [read post]
22 Apr 2011, 2:49 pm
I defend homeowners because the banks are far too powerful. [read post]
22 Apr 2011, 1:00 pm
The act of breaking into and entering the offices of the Government and public authorities, or the offices of banks, banking houses, savings banks, trust companies, insurance companies, or other buildings not dwellings, with intent to commit a felony therein. 11. [read post]
21 Apr 2011, 9:00 am
The act of breaking into and entering into the offices of the Government and public authorities, or the offices of banks, banking houses, saving banks, trust companies, insurance companies, or other buildings not dwellings with intent to commit a felony therein. 10. [read post]
21 Apr 2011, 1:40 am
Well, as you might remember from the article I posted on February 23rd of this year, she and her husband were sued by their servicer, Texas-based Colonial Savings FA, when they sent the bank a letter last July stating that they were planning to rescind their loan due to violations of the Truth in Lending Act or TILA. [read post]
20 Apr 2011, 7:40 am
It is unknown whether this small number of prosecutions is just the beginning of a trend similar to the over 1,800 criminal cases brought against bank insiders in the wake of the savings & loan crisis of 1988—1994 (the “S&L Crisis”), but these cases should be watched by those involved with troubled or failed banks. [read post]
20 Apr 2011, 4:46 am
They are routinely accepted in both state and federal courts in lieu of live testimony. [read post]
19 Apr 2011, 1:00 pm
The act of breaking into and entering the offices of the Government and public authorities or the offices of banks, banking houses, savings banks, trust-companies, insurance and other companies, or other buildings not dwellings with intent to commit a felony therein. 10. [read post]
18 Apr 2011, 1:00 am
On the other hand, the Federal Circuit has upheld them and the Seventh Circuit has viewed them favorably. [read post]
15 Apr 2011, 7:32 pm
Green is vice-president of 20 banks, and she can execute thousands of mortgage assignments every day. [read post]
15 Apr 2011, 11:15 am
Waldman argued that a bank like Goldman Sachs stands in the same relation to the federal government as the “variable interest entities” (VIEs), special purpose vehicles, and conduits set up by Citibank before the crisis stood in relation to Citibank. [read post]
14 Apr 2011, 3:56 am
That allows the site to save your password. [read post]
