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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]
10 Feb 2022, 7:45 pm by Allan Blutstein
Federal Reserve Regional Bank system and consider consolidating regional banks that are “wandering” into issues such as climate change.Senator Pat Toomey of Pennsylvania said Thursday that the 12 regional banks were formed to manage the economies in their districts, but that largely ended in the 1930s as oversight was taken over by the central bank. [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]
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]
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]
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]
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]
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]
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]
3 Jun 2015, 10:57 am by Greene LLP
First Tennessee Bank’s reckless behavior resulted in significant losses of federal funds. [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]
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]
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]