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15 Nov 2011, 8:14 am by William McGrath
Gupta, who previously argued that an Administrative Proceeding brought by the SEC against him was unfair because he denied a trial before a jury will now have two opportunities to challenge the charges against him in Court – not only was he named in the civil case with Mr. [read post]
14 Nov 2011, 12:38 am by Kevin LaCroix
The bank’s failure, which came just 15 months after its publicly traded holding company spun out of Temple-Inland, Inc., was, the Treasury Department Office of Inspector General later concluded, due to the bank’s heavy investment in Option ARM mortgage-backed securities. [read post]
9 Nov 2011, 8:40 pm by Adam Levitin
But that seems to be the message that is going out now. [read post]
3 Nov 2011, 9:12 pm by Badrinath Srinivasan
Finally, recent United States Supreme Court cases Rent-A-Center, West, Inc. v. [read post]
22 Oct 2011, 6:17 am by Mandelman
 And Harvard economist Martin Feldstein has said that 30 percent of U.S. mortgages are now underwater, which would put the number closer to 20 million… and he said that last June. [read post]
21 Oct 2011, 7:09 am
" and the second stated "PAY TO THE ORDER OF: __________ WITHOUT RECOURSE COUNTRYWIDE HOME LOANS, INC. [read post]
21 Oct 2011, 6:29 am by Adam G. Kurtz
    Wall Street fraud related to so-called mortgage-backed securities, collateralized debt obligations (CDO) or mortgage bonds has now resulted in fines exceeding one (1) billion dollars, after Citigroup Inc. yesterday agreed to settle SEC civil fraud charges for $285 million. [read post]
15 Oct 2011, 10:19 am
Recent statistics provided by RealtyTrac, Inc. [read post]
12 Oct 2011, 7:24 am by admin
  And they now have both the time and the resources to pursue collecting it:   Lenders typically have five years following a foreclosure sale to sue for remaining mortgage debt. [read post]
11 Oct 2011, 7:08 am by Lyle Denniston
The Court granted the mortgage fees case after being urged to do so by the U.S. [read post]