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25 Jan 2011, 4:35 am by Seth Borden
In advance of tonight's State of the Union address by President Obama, The Caucus blog at the New York Times asked "more than 20 interest groups in Washington what advice they are giving the president, either in public or in private. [read post]
24 Jan 2011, 12:03 am by Kevin LaCroix
Whether this new lease on life in the end will be sufficient for the plaintiffs remains to be seen. [read post]
19 Jan 2011, 11:48 pm by Transplanted Lawyer
The existence of such a class is in too great of contrast, too blandly optimistic, and too obviously calculated to please editors of large New York publishing houses, to enjoy substantial credibility.Real-life experience shows that there are artists and then there are artists. [read post]
17 Jan 2011, 12:28 am by Kevin LaCroix
In a January 12, 2010 opinion (here) in a subprime-related securities suit involving Goldman Sachs-issued mortgage pass-through certificates, Southern District of New York Judge Harold Baer, Jr. granted the rating agency defendants’ motion to dismiss on the grounds that they are not "underwriters" under Section 11, but denied the Goldman Sachs defendants’ motion to dismiss, at least as to the securities offerings in which the plaintiffs had… [read post]
5 Jan 2011, 2:56 am
Financial benefits available to any store that meets the FRESH food store definition within FRESH Program areas or other underserved areas eligible for New York City Industrial Development Agency (NYCIDA) benefits include the following:   - Real estate tax reductions; - Sales tax exemptions; and - Mortgage recording tax deferral. [read post]
1 Jan 2011, 9:49 am by Mandelman
Among the names being discussed are Iowa’s attorney general, Tom Miller; New York state bank regulator Richard Neiman; and former Office of Thrift Supervision director Ellen Seidman. [read post]
30 Dec 2010, 3:04 pm by Emily Chan
On July 22, 2010, the Corporation for National and Community Service (CNCS) federal agency announced the 11 winners. [read post]
   Terese Giudice who appears on Real Housewives of New Jersey and Sonja Morgan who appears on Real Housewives of New York City each filed banruptcy. [read post]
17 Dec 2010, 8:46 am by Mandelman
  And they know that I hold my government directly responsible for this deteriorating state of affairs for our government has failed to do anything to improve the situation at every turn in the road. [read post]
16 Dec 2010, 9:21 am by gstasiewicz
According to The New York Times, after Ensign’s aide, Douglas Hampton, discovered the affair, “Mr. [read post]
13 Dec 2010, 9:28 am by Goldberg Segalla LLP
  The Martin Act “authorizes the Attorney General to investigate and enjoin fraudulent practices in the marketing of stocks, bonds and other securities within or from New York State. [read post]
13 Dec 2010, 7:25 am by Josh Wright
  The next principle is to recognize that choosing a mortgage is complicated, and to state the obvious, Humans do better at easy tasks than hard ones. [read post]
4 Dec 2010, 7:58 pm by Adam Levitin
If a trustee, say Bank of New York Mellon, is trustee for thousands of trusts, there is nothing that indicates which trust the bearer paper belongs to. [read post]
23 Nov 2010, 4:44 pm
If the alleged “owner” of the loan (a trustee such as Bank of New York, Deutsche Bank, etc) obtained the loan after it was in default – quite common in Alabama foreclosure cases – then the owner is considered a debt collector. [read post]
23 Nov 2010, 9:24 am by Mandelman
Now, investors buy CDOs, which look great, because they are based on BBB rated tranches, so they pay higher interest than were it based on the triple A rated tranche, BUT… it’s re-securitized, if you will, so it has a new triple A rated tranche itself. [read post]
22 Nov 2010, 12:50 pm by Adam Levitin
 The bankruptcy court denied the claim because there was no evidence that Bank of New York ever owned the mortgage. [read post]
20 Nov 2010, 4:19 pm by Robbie L. Vaughn, Esq.
The following article is from the New York Times New Lending Guidelines From Fannie Mae By LYNNLEY BROWNING NEW lending guidelines being rolled out by Fannie Mae will make securing a mortgage a lot easier for some borrowers but harder for others. [read post]
19 Nov 2010, 1:55 pm by Mandelman
AP News has reported that the federal government has opened criminal investigations into something li [read post]
16 Nov 2010, 10:47 am by Donna Mia
A recent article in the New York Times reports about the questionable practices that debt collection agencies have been using. [read post]