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23 Apr 2011, 6:19 am by Timothy P. Flynn
  This is a developing problem you will be hearing more about in the months and years to come.In the meantime, if you are experiencing mortgage payment difficulties in Oakland County, the Oakland County Treasurer has partnered with GreenPath Debt Solutions, the United Way and others to establish the Oakland County Foreclosure Prevention Initiative. [read post]
22 Apr 2011, 1:51 pm by Admin
A research assistant is needed this summer to work with Professor Nancy Wallace at the Haas School of Business and Ken Taymor, Executive Director of the Berkeley Center for Law, Business and the Economy, to help investigate the scope and regulation of a little known private corporation at the heart of the nation’s mortgage foreclosure crisis: MERS Corp. [read post]
15 Apr 2011, 7:50 pm
Several other mortgage servicers are included in the government's crackdown to improve internal processing methods, including: the GMAC unit of Ally Financial Inc., Aurora Bank FSB, EverBank Financial Corp., HSBC Holdings Plc, OneWest, MetLife Inc., PNC Financial Services Group Inc., Sovereign Bank, and US Bancorp also signed consent agreements with regulators. [read post]
5 Apr 2011, 2:06 am by Kevin LaCroix
  Freddie Mac: On March 30, 2011, Southern District of New York Judge John Keenan granted without prejudice the defendants’ motion to dismiss in the Federal Home Loan Mortgage Corp. [read post]
4 Apr 2011, 7:06 am by Chris Jones
Wachovia Corp. et al., case number 1:09-cv-04473; FC Holdings AB et al. v. [read post]
3 Apr 2011, 10:40 am by Rachel, Law Clerk
In the 2010 Supreme Court of British Columbia case of CMIC Mortgage Investment Corp. v. [read post]
30 Mar 2011, 5:00 am by Doug Cornelius
Sources: City Trust No Action Letter (December 12, 1990) Premier Mortgage No Action Letter (March 14, 1983) Realex Capital Corp No Action Letter(March 19, 1984) United States Property Investments NV No Action Letter (May 1, 1989) Are you an Investment Company? [read post]
28 Mar 2011, 7:02 pm by Tomassi Law Associates
The Madoff liquidation case is Securities Investor Protection Corp. v. [read post]
24 Mar 2011, 7:16 pm
" The companies that received the settlement terms from officials are Bank of America Corp. [read post]
24 Mar 2011, 12:05 pm
Kagenveama (In re Kagenveama), 541 F.3d 868, 875-77 (9th Cir. 2008); Musselman v. eCast Settlement Corp., 394 B.R. 801, 814 (E.D.N.C. 2008); In re Green, 378 B.R. 30, 38 (Bankr. [read post]
7 Mar 2011, 12:17 pm
On March 4, 2011, the United States District Court for the Northern District of California approved a Class Action Settlement in In Re Countrywide Financial Corporation Securities Litigation, No. [read post]
28 Feb 2011, 9:14 am by Adam Schlossman
The Court asked the Acting Solicitor General to file a brief expressing the views of the United States in two cases: Title: United States ex rel. [read post]
25 Feb 2011, 1:26 pm by Christa Culver
EdwardsDocket: 10-708Issue(s): 1) Whether, under the Real Estate Settlement Procedures Act of 1974 - which prohibits any referral fee for business incident to a real estate settlement service involving a federal-related mortgage loan, and holds any violator of this provision liable to the person charged for the settlement service - a private purchaser of real estate settlement services has standing to sue in federal court absent any claim that the alleged violation affected the price,… [read post]
7 Feb 2011, 9:24 am by David Lat
Bennett has been involved in many of the largest corporate reorganization cases in the United States, including in the fields of retail, telecommunications, heavy industry, aviation, manufacturing, real estate, insurance, energy, banking, and computer technology. [read post]
3 Feb 2011, 9:13 am by Chris Jaglowitz
RT @globeinvestor: Xceed posts loss, won’t accept new mortgages: http://tgam.ca/BZTF Will proposed Ontario Clean Energy Benefit benefit unit condo unit owners or leave them in the cold? [read post]
2 Feb 2011, 7:54 pm by Kevin Funnell
Kanas, a longtime New York banker, was part of the group of investors who purchased the assets of the failed Bank-United with a $900 million private equity investment. [read post]
25 Jan 2011, 7:01 am
  The plaintiffs – owners of insurance policies issued by MBIA for structured finance products, including residential mortgage-backed securities – claimed that the bond insurer’s split into two units was intended to defraud policyholders. [read post]