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22 Oct 2011, 12:34 pm
Not long after bowing out of talks over a possible $25 billion dollar settlement between state and federal officials and the country’s largest banks (including Bank of America Corp, Citigroup, and JP Morgan Chase & Co.) [read post]
24 Oct 2014, 9:26 am by Pulgini & Norton, LLP
 SUN buys homes that have been foreclosed and are now owned by the banks holding the defaulted mortgages. [read post]
18 May 2015, 7:49 am by Shasha Zou
On May 8, 2015, the Federal Home Loan Bank of Boston filed a stipulation of voluntary dismissal with prejudice of claims it levied against JP Morgan Chase & Co., the Bear Stearns Companies Inc., EMC Mortgage Corporation and other entities. [read post]
22 Jul 2014, 7:32 am by Allison Tussey
Kevin Lauricella, 29, Thousand Oaks, California, a former Bank of America employee was sentenced to 30 months in federal prison for taking more than $1.2 million in bribes to approve artificially low-price short sales of properties on which the bank held mortgages. [read post]
30 Apr 2009, 7:47 am
The wife is now suing the bank to recover the $155,000 that she paid to her husband on the grounds that the bank violated federal privacy laws that "prohibit the disclosure of non-public, personal information. [read post]
2 May 2012, 2:54 pm
• The settlement covers home mortgages serviced by Bank of America, JPMorgan Chase & Co., Citigroup Inc., Ally Financial lnc. [read post]
22 May 2007, 3:13 pm
GSE Reform Bill Passes House with Strong Sarbanes-Oxley ProvisionsA bill overhauling the regulatory oversight of the government sponsored enterprises Fannie Mae, Freddie Mac, and the Federal Home Loan Banks has passed the House. [read post]
31 May 2016, 1:54 pm by Thomas Kidera
On May 23, 2016, a three-judge panel of the Second Circuit Court of Appeals overturned a judgment of fraud against Bank of America, Countrywide, and former Countrywide executive Rebecca Mairone in U.S. v Countrywide Home Loans, Inc. [read post]
23 Feb 2015, 8:34 am by Ken White
(Bank robbery is a federal crime when the victim bank is insured by the FDIC.) [read post]
23 Feb 2015, 8:34 am by Ken White
(Bank robbery is a federal crime when the victim bank is insured by the FDIC.) [read post]
3 Jun 2015, 10:57 am by Greene LLP
First Tennessee Bank’s reckless behavior resulted in significant losses of federal funds. [read post]
6 May 2011, 6:57 am
So our Rubidoux foreclosure defense attorneys were very interested to see a new federal report that identified nearly 50 foreclosures made in violation of the SCRA. [read post]
25 Sep 2009, 6:15 am
It can't hurt to ask your bank for this sort of deposit-at-home service. [read post]
9 May 2016, 10:55 am by Thomas Kidera
On May 2, 2016, the First Circuit Court of Appeals reinstated a $5.9B suit brought by the Federal Home Loan Bank of Boston (“FHLBB”), alleging that Moody’s Corp and Moody’s Investor’s Service, Inc. [read post]
27 May 2007, 4:52 pm
The protections are called “exemptions,” and the two lists are the federal exemptions and your home state’s own exemptions (but sometimes its your previous home state; that’s [...] [read post]
6 Jun 2008, 12:31 pm
Maurice McDowall, 49, and Aleksander Lipkin, a/k/a ”Alex," 29, pleaded guiltyin Manhattan federal court to participating in a wide-ranging home foreclosure rescue scheme, which defrauded homeowners who were facing foreclosure and banks and other lenders who made mortgage and home equity loans. [read post]
9 Oct 2008, 1:29 pm
Maurice McDowall, 50, was sentenced to ten years in prison for his participation in a wide-ranging home foreclosure rescue scheme, which defrauded homeowners who were facing foreclosure and banks and other lenders who made mortgage and home equity loans. [read post]
9 Feb 2011, 6:49 am
The federal program has resulted in no penalties against banks or mortgage servicers, despite criminal investigation into the conduct of banks in all 50 states. [read post]