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13 Jun 2012, 7:24 am
The Case of Kyle Lagow: Example 2 Consider Kyle Lagow, an appraisal manager for Countrywide, the infamous mortgage subsidiary of Bank of America. [read post]
12 Jun 2012, 10:50 pm
If a client plans to move away from our city, I sometimes recommend they they make no attempt to delay the foreclosure. [read post]
12 Jun 2012, 10:50 pm
If a client plans to move away from our city, I sometimes recommend they they make no attempt to delay the foreclosure. [read post]
12 Jun 2012, 8:10 pm
On 3 March 1973, the husband and defendant-one contracted to buy certain real property (the “Forest Green Property”) for $44,785, that is, $26,785 cash over a mortgage of $18,000. [read post]
12 Jun 2012, 7:49 pm
Critics of the Community Reinvestment Act and similar efforts to compel lenders to lend to lower income borrowers in lower income neighborhoods during the last twenty years or so, and who blame such efforts for the subprime mortgage market meltdown (a proposition I never supported), must be apoplectic over the latest efforts by some large cities to replicate the sins of the past. [read post]
12 Jun 2012, 2:47 pm
Back in 2008, we reported on the suit that the City of Baltimore had filed against Wells Fargo alleging that the bank had targeted African-American neighborhoods in Baltimore for deceptive, predatory, and otherwise unfair mortgage practices. [read post]
12 Jun 2012, 6:50 am
As this case and similar cases proceed, it may well become apparent that only negligence (or worse) could possibly explain how far off the mark the ratings agencies were on so many residential mortgage-backed securitizations and other mortgage deals. [read post]
11 Jun 2012, 8:01 am
Individuals can commit white collar crime on small scales such as securing a fraudulent mortgage or stealing another individual's identity. [read post]
11 Jun 2012, 8:01 am
Individuals can commit white collar crime on small scales such as securing a fraudulent mortgage or stealing another individual's identity. [read post]
11 Jun 2012, 1:17 am
Jacquelyn Torado, 42, Westbury, New York, Neal Sultzer, 61, Plainview, New York, and Kevin Hymes, 39, Armonk, New York, and former attorney Michael Schlussel, 50, Merrick, New York, pled guilty to conspiring to commit wire fraud and bank fraud in connection with a $66 million mortgage fraud scheme involving over 100 home mortgage loans for residential properties in the New York City area. [read post]
9 Jun 2012, 7:29 pm
Now, after Janus, the district court is saying that the plaintiffs have failed to make valid Section 10(b) claims against Prescott City and the securities fraud claims against the town are therefore dismissed. [read post]
8 Jun 2012, 11:11 am
Salt Lake City bankruptcy attorney Russell B. [read post]
8 Jun 2012, 11:00 am
Oh Yah, Mortgage Relief," Bob offered a path to leveling up. [read post]
8 Jun 2012, 6:00 am
Unlike home mortgage loans, which have level payments throughout, bonds are normally structured in tranches of different maturity, with differing amounts payable at maturity. [read post]
7 Jun 2012, 9:30 pm
The Victorville Daily Press reported this week that the City may decide to use eminent domain to acquire underwater mortgages in an attempt to help homeowners. [read post]
7 Jun 2012, 11:45 am
Black of University of Missouri at Kansas City has written Examining Lending Discrimination Practices and Foreclosure Abuses. [read post]
7 Jun 2012, 10:27 am
The concept that it was “a good federal job” did not really sink in until years later when I was married with a mortgage and a child. [read post]
7 Jun 2012, 6:14 am
Under the terms of the landmark National Mortgage Settlement, (NMS) the 5 largest mortgage originators (GMAC, Bank of America, Citi, JP Morgan Chase and Wells Fargo) reached a $25 billion agreement with the US Attorney General, representing the Obama administration's latest response to the mortgage crisis. [read post]
6 Jun 2012, 1:07 pm
The city can repossess the home, and recover something that way. [read post]
6 Jun 2012, 7:22 am
0) INCOME Total Annual Income of Household $ _____________ _________________________________________________ 1) CASH AND SAVINGS (Please supply bank name, address and account number) Checking… [read post]
