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Why should debt-buyers such as Midland Funding benefit from NBA protection when they are not national banks and are not subject to supervision and regulation as national banks?
5 Nov 2017, 6:02 am by Wolfgang Demino
In a 2013 enforcement action against Midland, its servicer, and its parent company, the Texas Attorney General averred that the price Midland pays is 3.3% of the face value of the debt.Excerpt from State's Amended Original Petition in Cause No, 2011-40626 - STATE OF TEXAS (ACTING BY AND THROUGH ATTORNEY GEN vs. [read post]
Texas Debt Suit Defense 101 - http://debt-suit-litigation-in-texas.blogspot.com
Why should junk debt buyers such as Midland Funding benefit from NBA protection when they are not national banks and are not subject to regulation and supervision as national banks?
5 Nov 2017, 6:02 am by Wolfgang Demino
In a 2013 state AG enforcement action against Midland for illegal debt collection practices, its servicer, and its parent company, the Texas Attorney General averred that the price Midland pays is 3.3% of the face value of the debt.Excerpt from State's Amended Original Petition in Cause No, 2011-40626 - STATE OF TEXAS (ACTING BY AND THROUGH ATTORNEY GEN vs. [read post]
Texas Debt Suit Defense 101 - http://debt-suit-litigation-in-texas.blogspot.com
Obama on Financial Reform
14 Sep 2009, 1:30 pm
  As investors and pension-holders watched with dread and dismay, and after a series of emergency meetings often conducted in the dead of the night, several of the world’s largest and oldest financial institutions had fallen, either bankrupt, bought, or bailed out:   Lehman Brothers, Merrill Lynch, AIG, Washington Mutual, Wachovia. [read post]
Hedge Fund Law Blog - http://www.hedgefundlawblog.com
Other Circuits should follow the Second in Madden v Midland Funding and create national uniformity in protecting pre-crash victims of predatory lending (2017 Law Review article by Angel Rzeslawski) (paraphrased)
12 Dec 2017, 9:57 am by Wolfgang Demino
Hastings Law Journal has a new article (technically a "Note") on predatory lending and the implications of the Second Circuit's holding on federal (non)preemption of state usury laws in Saliha Madden v Midland Funding LLC et al, written by a recent graduate. [read post]
Texas Debt Suit Defense 101 - http://debt-suit-litigation-in-texas.blogspot.com
Other Circuits should follow Madden v Midland and create national uniformity in the name of consumer protection (2017 Law Review article by Angel Rzeslawski)
12 Dec 2017, 9:57 am by Wolfgang Demino
Hastings Law Journal has a new article (technically a "Note") on predatory lending and the implications of  Madden v Midland, written by a recent graduate. [read post]
Texas Debt Suit Defense 101 - http://debt-suit-litigation-in-texas.blogspot.com
LAW.COM Newswire Highlights May 29, 2009
29 May 2009, 1:28 am
Maltz & Co. have already received inquiries from a number of parties expressing a "strong interest" in buying the unit, which is subject to a $5 million mortgage held by Wachovia Bank, according to court papers filed Thursday. [read post]
New York Supreme Court Criminal Term Library - http://crimlawlib.blogspot.com/
Chief Judge Gonzalez calls WaMu’s Conduct “Immoral, Unethical, Oppressive, Unscrupulous or Substantially Injurious to Consumers” (You go, Your Honor.)
9 Nov 2010, 9:18 pm by Mandelman
 Even my cable company can tell me whether to expect the guy in the morning or afternoon. [read post]
Mandelman Matters - http://mandelman.ml-implode.com
Women of 2008: Their Accomplishments and Their Discontents
17 Feb 2009, 3:01 pm
As recently as 1996 there was only one female CEO of a Fortune 500 company, co-CEO Marion Sandler of Golden West Financial, acquired by Wachovia in 2006, in the news recently because of its high level of mortgage defaults. [read post]
Law People - http://www.lawpeopleblog.com/