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1 Oct 2010, 8:40 am
Looking at recent declines in tax revenues nearly across the board, the Wimpy solution promises payment with money that most cities can't presently foresee, just like borrowers from the subprime mortgage crisis who were able to purchase homes at prices far beyond their actual ability to pay.So in three years, all these communities can expect plaintive cries from local offiicals that they "have to" raise taxes to pay for public safety - indeed, some may even blame… [read post]
18 Aug 2008, 11:59 am
The decision involves the "public nuisance" lawsuit the City of Cleveland brought against 21 financial institutions to recover damages arising out of the City's mortgage foreclosure problems. [read post]
5 Mar 2009, 5:29 pm
WAMU had a set, Indy Mac had a set, Citi…. [read post]
9 Jan 2012, 8:42 am
Nevada has still been the hardest-hit city in the country, where one in 16 houses received a default notice in 2011. [read post]
29 Dec 2009, 9:07 pm
Houses as piggy banks, or ATM machines--the second mortgage equity access program. [read post]
5 Apr 2011, 10:08 pm
Eleven cities in the index posted their lowest levels in December since home price peaks in 2006 and 2007, up from nine cities in November. [read post]
15 Mar 2012, 10:50 pm
Ruling Gives Edge to U.S. in Its Appeal of Citi Case, NY Times, March 15, 2012 Second Circuit: Rakoff, Mind, Wall Street Journal, March 15, 2012 More Blog Posts: Citigroup’s $285M Settlement With the SEC Is Turned Down by Judge Rakoff, Stockbroker Fraud Blog, November 28, 2011 Citigroup’s $285M Mortgage-Related CDO Settlement with Raises Concerns About SEC’s Enforcement Practices for Judge Rakoff, Institutional investor Securities Blog, November 9, 2011 … [read post]
22 Feb 2012, 12:49 pm
Mortgage, auto and student loan debt make up a significant percentage of additional debt as well. [read post]
3 Mar 2008, 10:58 am
Given that it's been mortgaging the city's future, you would have hoped that this outfit would shape up more quickly than it has, with the departure of the Katz/Goldschmidt people. [read post]
28 Jan 2014, 6:40 am
Lending Concentrated in Gateway Cities The majority of lending is still concentrated in gateway cities on low leveraged assets. [read post]
28 Feb 2007, 12:52 am
Taylor KINGS COUNTRYReal PropertyPetition Seeking Discharge of Record Mortgage Denied as Deficient, Necessary Parties Not Named Kosc Development Inc. v. [read post]
20 Jun 2007, 1:16 am
Thierno NASSAU COUNTYLandlord/Tenant LawLandlord's 10-Day Notice to Quit Defective; Tenants Not Notified of Consequences of Failure to Vacate GMAC Mortgage Corp. v. [read post]
2 Jan 2012, 10:32 am
In fact, in November, 9 of the 10 worst cities for unemployment were located in California. [read post]
5 Mar 2012, 7:39 am
The disgraced assistant chief is in prison for operating a multi-million-dollar mortgage fraud scheme in which she used her official position with the city to obtain the loans. [read post]
20 Dec 2006, 1:00 am
City of New York U.S. [read post]
10 Nov 2023, 2:15 pm
Mosby is also facing separate charges for mortgage fraud, where she may face a maximum of 30 years in prison. [read post]
24 Apr 2007, 1:12 am
City of New York U.S. [read post]
10 May 2010, 8:00 am
The New York City Pension Funds, consisting of the New York City Employees' Retirement System, New York City Teachers' Retirement System, New York City Police Pension Fund, New York City Fire Department Pension Fund, and New York City Board of Education Retirement System, serve more than 700,000 active and retired New York City employees. [read post]
1 May 2010, 11:28 am
If the lawyer has actually sued a mortgage company or merely has thought about suing a mortgage company. [read post]
27 Dec 2006, 12:39 am
City of Long Beach SUFFOLK COUNTYReal PropertyForbearance Agreement to Pay on Mortgage, Note Not Reduced to Writing Thus Unenforceable Emigrant Mortgage Co. [read post]
