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9 Jan 2012, 12:58 am by Kevin LaCroix
But even now, five years later, the litigation wave continues to churn through the system, though we are now mercifully well past the depths of the financial crisis. [read post]
30 Dec 2011, 11:26 am by Rich Vetstein
Morgan Chase & Co., Wells Fargo & Co., Citigroup Inc. and Ally Financial. [read post]
26 Dec 2011, 3:48 pm by Mandelman
  Freddie Mac (FMCC) and Fannie Mae (FNMA), the two government-controlled mortgage giants, are freezing all foreclosure evictions on mortgage loans they own or back from Dec. 20th through Jan.3rd. [read post]
21 Dec 2011, 12:40 am by Kevin LaCroix
  A 1987 New York Court of Appeals decision, CPC International, Inc. v. [read post]
19 Dec 2011, 2:17 pm by admin
  “We probably couldn’t have rented a two-bedroom apartment for what we were paying for mortgage and condo fees,’’ which were also reduced, said Spencer, who said the couple have decided to move elsewhere in Ipswich after the birth of their second child, now 9 months old. [read post]
19 Dec 2011, 7:21 am by Joe Palazzolo
District Judge Jed Rakoff to reject a settlement between the agency and Citigroup over a mortgage-bond deal. [read post]
15 Dec 2011, 6:14 am by admin
While pundits continue to debate the reasons for the financial crisis, likely contributors have been identified as including poorly-underwritten subprime residential mortgages and the meltdown of “CDOs” and credit default swaps based on those mortgages, the high level of leverage employed by banks and other financial institutions and other “risky or exotic” consumer financial products taxing consumer’s buying power. [read post]
14 Dec 2011, 5:49 am by Jenna Greene
The ruling is now expected on Monday, Reuters reports. [read post]
8 Dec 2011, 10:08 am
[The Presbytery] will not assume any of [Timberridge Presbyterian Church, Inc. [read post]
1 Dec 2011, 3:55 pm
Because these Freddie and Fannie uniform notes are generally tied to a uniform mortgage that involves Mortgage Electronic Registration Systems, Inc. [read post]
30 Nov 2011, 2:15 pm by Mandelman
Now, you might be thinking… oh, big deal, who cares? [read post]
30 Nov 2011, 1:02 pm
The report discussed allegedly fraudulent private placements issued by DBSI Inc., Medical Capital Financial Corp. and Provident Royalties LLC, now Shale Royalties. [read post]
28 Nov 2011, 10:28 am
Rakoff has turned down the proposed $285M settlement between the SEC and Citigroup Global Markets Inc. [read post]