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22 Nov 2021, 12:27 pm by Lori J. Sommerfield
  Although the CFPB filed a redlining lawsuit against Townstone Financial, Inc., a nonbank mortgage lender, in 2020, the DOJ has not previously pursued redlining allegations against nonbanks, so this will break new ground for that agency. [read post]
19 Nov 2021, 5:57 am
Wiggins (Yale), on Wednesday, November 17, 2021 Tags: Asset-backed securities, Fannie Mae, Federal Reserve, Financial crisis, Financial regulation, Freddie Mac, Mortgage lending, Quantitative easing Remarks by Commissioner Crenshaw Remarks at the PepsiCo-PwC CPE Conference Posted by Caroline A. [read post]
15 Nov 2021, 8:16 am by The White Law Group
  Potential Lawsuits to Recover Financial Losses  Many investors are not fully aware of the problems and risks associated with non-traded REITs before purchasing them. [read post]
2 Nov 2021, 8:49 am by Shannon O'Hare
As such, the holder of the guarantee is dissociated from the holders of the secured loans and the transfer of the credit is permitted without the necessity of modifying the mortgage and pledge guarantees. [read post]
6 Oct 2021, 8:11 am by Dan Bressler
” “McGuireWoods Faces DQ Bid In BofA Foreclosure Bias Fight” — “Keith Thomas told the court on Friday that McGuireWoods is violating the state’s legal ethics rules by representing itself, Bank of America NA and mortgage database company Mortgage Electronic Registration Systems Inc. in the case. [read post]
4 Oct 2021, 6:24 am by Shannon O'Hare
It is expected that the FDP will claim the Finance Ministry indicating a change in future German financial policy. [read post]
17 Sep 2021, 4:00 am by Jim Sedor
Struggle for Control of Afghanistan Comes to K Street New York Times – Kenneth Vogel | Published: 9/15/2021 A leading figure in the Afghan resistance has retained a lobbyist to seek military and financial support in the U.S. for a fight against the Taliban. [read post]
10 Aug 2021, 9:54 am by Daniel Schlanger
Schlanger Law Group continues to fight LexisNexis Risk Solutions FL Inc., and Chex Systems, Inc. on behalf of a consumer who’s credit report contained personal employment, criminal, and address history data relating to numerous other individuals. [read post]
30 Jul 2021, 7:58 am by Kristian Soltes
“As the demand for cryptocurrencies continues to grow and these assets become more embedded in our financial system, consumers, the environment, and our financial system are under growing threats,” she added. . . . [read post]
27 Jul 2021, 9:38 am by The White Law Group
Benefit Street Partners Shareholders may have Claims According to a press announcement on July 26, 2021, Non-traded REIT, Benefit Street Partners Realty Trust, Inc., will merge with REIT Capstead Mortgage Corporation (NYSE: CMO). [read post]
18 Jun 2021, 12:58 pm by Brill Legal Group
The founder and former CEO of Live Well Financial, Inc. is facing a lengthy prison sentence for multiple counts of fraud in a bond pricing scheme. [read post]
9 Jun 2021, 1:29 pm by Jennifer Napper
Raymond James & Associates, Inc., member of New York Stock Exchange/SIPC The post It Takes a Village to Get Through a Divorce appeared first on Collaborative Divorce California. [read post]
7 Jun 2021, 4:38 am by Franklin C. McRoberts
The Kagan Case In Kagan v HMC-New York, Inc., 94 AD3d 67 [1st Dept 2012], a member of two financial investment firm LLCs sued the managers for breach of the implied covenant of good faith and fair dealing. [read post]
This settlement follows on the heels of HUD’s recent issuance of a charge of national origin discrimination against several mortgage modification companies asserting that the respondents engaged in illegal and unfair mortgage modification assistance. [read post]
3 Jun 2021, 1:03 am by Doug Cornelius
These Legacy mezzanine loans would be junior to the secured mortgage loans on the project. [read post]