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10 Nov 2017, 10:22 am by Kelly Phillips Erb
Secretary of the Treasury Steven Mnuchin (3rd L) speaks as (L-R) Senate Majority Leader Sen. [read post]
8 Nov 2017, 7:40 am by Wolfgang Demino
 at *1.In Fox, Bank of America sued James Fox for the balance due on a credit card account. [read post]
8 Nov 2017, 7:40 am by Wolfgang Demino
 at *1.In Fox, Bank of America sued James Fox for the balance due on a credit card account. [read post]
6 Oct 2017, 11:39 pm by Wolfgang Demino
— San Antonio 2011, no pet).A cause of action on open account may seem to have no application to a student loan, but creditors’ attorneys have been successful in persuading several appellate courts in Texas to bless the open account and account-statedtheory for collection of credit card debt even though credit card debt is – like a loan – in the nature of bank debt and does not involve a sale of goods or services by the creditor to the debtor. [read post]
5 Oct 2017, 5:20 pm by Wolfgang Demino
Upon closing of the securitization transaction the First Marblehead Corp. would then skim off more than 8% as its “structural advisory fee”.This was possible because the Trusts formed by FMC through the Funding LLC as depositor sold securities far in excess of the value of the pooled loans to be acquired with the proceeds. [read post]