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5 Feb 2009, 1:39 am
The initial cases during 2007 were largely filed against subprime loan originators, banks, mortgages companies, home builders and residential real estate investment trusts. [read post]
3 Feb 2009, 5:09 am
Individuals routinely do it with builders and repair people. [read post]
30 Jan 2009, 1:05 am
Big Brothers/Big Sisters of AmericaSUFFOLK COUNTYReal PropertyFormer Property Owner Fails to Demonstrate Entitlement to Stay of Foreclosure Action Wells Fargo Bank NA v. [read post]
29 Jan 2009, 1:11 am
Edward Levinson, 49, Chesterfield, Missouri, was indicted by a federal grand jury on ten felony counts of bank fraud in connection with his construction business, resulting in more than $10 million in losses to banks and prospective home owners and subcontractors. [read post]
23 Jan 2009, 1:14 am
Jeffrey Miller, a Kansas City Builder, and two associates must forfeit more than $2.6 million in proceeds derived from conspiracy, bank fraud and money laundering. [read post]
15 Jan 2009, 11:33 am
Yet given the current economy, one student asked, can builders get financing to make this stuff happen? [read post]
8 Jan 2009, 12:37 pm
It’s an about-face for the financial industry and the National Association of Home Builders. [read post]
2 Jan 2009, 12:37 am
Several months ago we were told that pouring hundreds of billions of dollars into bad loans was the solution, though shortly thereafter the Treasury implied that the path to economic robustness was making money available to banks so that they could purchase other banks. [read post]
30 Dec 2008, 6:00 pm
The Wall Street Journal even reports that the he National Association of Home Builders is now saying the cram down proposal is worth considering. [read post]
29 Dec 2008, 10:02 am
Here is the brief amici curiae of the National Association of Home Builders, California Building Industry Association, Building Industry Association Legal Defense Foundation, and Home Builders Association of Northern California urging the U.S. [read post]
29 Dec 2008, 2:00 am
Jeffrey Miller and two business associates have been convicted on federal charges of conspiracy, bank fraud, and money laundering in a $5 million mortgage fraud scheme. [read post]
20 Dec 2008, 3:35 am
During that vacation, I intend to finish a chapter on Green Building Law for a forthcoming book on the subject, finish a resource guide for the Delaware Valley Regional Planning Commission, research including carbon offsets and recs in banking documentation, and drink some eggnog. [read post]
11 Dec 2008, 12:23 pm
See Experts: North Georgia housing market in depression; Banks starting to turn against builders, lawmakers told at hearing. [read post]
10 Dec 2008, 2:33 pm
The government of SA has offered to provide twenty year guarantees for half of that amount, US $800 million, but the banks are nervous about such guarantees.With the worldwide banking and credit crisis, however, the issue of worry about future performance is not simply banks that extend loans worrying about getting repaid by borrowers - the borrowers who have received commitments from the banks are also concerned that the banks will make the loans down… [read post]
8 Dec 2008, 12:33 am
The greatest blame lies with financial institutions, mortgage brokers, realtors, home builders, state and federal regulators, and home buyers. [read post]
22 Nov 2008, 1:23 pm
The failure of the bank was blamed, at least in part, on the real estate crisis: “There is no question that the extended difficulty in the broad Metro-Atlanta real-estate market continues to stress area banks that do a lot of business with real-estate developers and builders," Joe Brannen, president and CEO of Georgia Bankers Association, said in a written release. [read post]
23 Oct 2008, 8:35 am
, what was said, what website, book, or brochure you looked at, who you want to contact next, etc.And away we go:GENERAL INFORMATION ON FORECLOSURE:1) My previous blog postings on foreclosure here and here (with the sub-prime primer) or on developers/builders going under.2) Your local public library (books and online information)3) Nolo Press, Bankruptcy and Foreclosure Blog (with links to their webpage)4) Oregon State Bar (OSB) foreclosure brochure5) HUD and HOPE for homeowners6) Avoiding… [read post]
16 Oct 2008, 12:41 am
When the various broker dealers and investment banks recently announced their agreements with government regulators to buy back auction rate securities, the announcements raised questions about the continuing need for the pending auction rate securities litigation. [read post]
13 Oct 2008, 5:25 pm
The concern understandably centers upon the developer/builders' ability to then sell the homes they are building or to lease the office space in a new building. [read post]
9 Oct 2008, 9:38 am
One of the builders having a substantial breakfast asked me why I was taking a photograph of the front page of The Sun with my mobile phone. [read post]
