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23 Apr 2008, 7:20 am
"Back then, I was reluctant to share with her my views of the direction our country had taken. [read post]
22 Apr 2008, 10:22 am
Losses tied to mortgages, credit cards and other consumer loans are expected to hurt quarterly results at the larger lenders as well as the more specialized lenders. [read post]
17 Apr 2008, 11:25 am
Finding that the trial court erroneously denied the Policyholders' motion for judgment on the pleadings and erroneously granted partial summary judgment in favor of the Policyholders, we reverse and remand for further proceedings consistent with this opinion.Some of you may remember the March 24th ILB writeup preceding the oral arguments in this case, which noted CJ Baker's docket entry directing the parties: "to show cause why sanctions should not be imposed for failing to… [read post]
14 Apr 2008, 8:02 am
A general direction in a will to pay the debts does not show that intent (Florida Probate Code Section 733.803 , Florida Statutes (2002)) In a recent case a Personal Representative tried to make the argument that since the debt was paid off a mortgage during the probate proceeding and that the above rule only applied if the debt was in place at the time of the distribution. [read post]
13 Apr 2008, 11:52 pm
  [9]  Recently, banks have created new financial products, including credit cards and even mortgages, that are available without a Social Security Number. [read post]
11 Apr 2008, 7:29 pm
 2d DCA Apr 09, 2008) A basic rule under Florida's probate code is that specifically-devised property is inherited subject to any existing mortgages or other encumbrances unless the decedent's will specifically directs otherwise. [read post]
10 Apr 2008, 7:49 pm
  RiskMetrics notes that as of early April 2008, there were at least 67 subprime related securities class actions, targeting underwriting firms, investment managers, home builders, and mortgage lenders. [read post]
9 Apr 2008, 5:08 pm
Just a year ago, Treasury Undersecretary Robert Steel proclaimed that new regulation of financial markets was unnecessary because "sophisticated financial firms have both the direct financial incentives and expertise to provide for effective market discipline. [read post]
8 Apr 2008, 4:55 am
The number of foreclosure filings has a direct correlation on the number of bankruptcy filings. [read post]
7 Apr 2008, 3:39 am
These marketing ploys were directed at individuals for the sole purpose of profit. [read post]
31 Mar 2008, 5:01 pm
But lawyers, continued Howard, “may not be so good at taking the business risk needed or exercising the management skills to keep thousands of employees rowing in the same direction. [read post]
31 Mar 2008, 7:11 am
The short-term recommendations focus on taking action now to improve regulatory coordination and oversight in the wake of recent events in the credit and mortgage markets. [read post]
31 Mar 2008, 4:30 am
  The first is New York's Business Corporation Law, section 701 of which states that "the business of a corporation shall be managed under the direction of its board of directors" and section 715(g) of which states that "[a]ll officers as between themselves and the corporation shall have such authority and perform such duties in the management of the corporation as may be provided in the by-laws or, to the extent not so provided, by the… [read post]
26 Mar 2008, 5:13 pm
It looks like you are going to have to mortgage your home to pay for this protracted legal fight. [read post]
24 Mar 2008, 4:30 am
  Rather, accepting as true Marciano's allegations concerning the fraudulent lease conveyance and bogus promissory note, it appears to me that Marciano was intended to suffer and did suffer a direct injury to his interests as a member of South Service for which he has a direct cause of action. [read post]
21 Mar 2008, 9:22 am
Hate crimes against Hispanics are rising as a direct result and now, in tough economic times, people look for scapegoats and I fear that people will continue to exploit our racial differences—and place blame on others not like them . [read post]
20 Mar 2008, 11:18 am
Merrill, which has already taken $24.5 billion in writedowns on mortgage-related debt, faced additional losses if the insurance is cancelled. [read post]
19 Mar 2008, 10:18 am
Virtual Escrow, Olympic Escrow, National Mortgage, Lifetime Financial, Greenleaf Lending and Direct Credit Solutions are the companies named for participating in scams that could top more than $20 million. [read post]