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12 Sep 2013, 11:58 am
Here are the highlights of the developments of the last six weeks: At the end of July, as reported by The New York Times, the City of Richmond, California sent letters offering to buy 626 underwater loans. [read post]
11 Sep 2013, 4:00 pm
By Kristy Young BREAKING NEWS: In a contentious 4-3 decision and amid more than 300 community members on both sides of the issue, the City Council for the City of Richmond voted to continue pursuing its eminent domain plan in the early morning hours of Wednesday, September 11. [read post]
11 Sep 2013, 3:00 pm
By Kristy Young BREAKING NEWS: In a contentious 4-3 decision and amid more than 300 community members on both sides of the issue, the City Council for the City of Richmond voted to continue pursuing its eminent domain plan in the early morning hours of Wednesday, September 11. [read post]
11 Sep 2013, 7:06 am
[Denver Post, David Kopel, Volokh Conspiracy, The Denver Channel] Meanwhile, New York City Democratic primary voters decided against nominating whited sepulcher Eliot Spitzer as the city’s next comptroller, thus foiling Spitzer’s plan to get his hands on billions of pension fund dollars with which to engage in grandstanding and litigation [WABC, Lawrence Cunningham] P.S. [read post]
9 Sep 2013, 10:41 am
Within any city, what neighborhoods are mostly African American, Asian American, or white? [read post]
29 Aug 2013, 1:05 pm
According to the CFPB’s announcement, Richmond Public Schools in Virginia and the City of South Bend, Indiana have already signed on to the pledge. [read post]
28 Aug 2013, 12:27 pm
Alan Silvia fined $20,000 by OCPF; second infraction this year” by Will Richmond in the Milford Daily News. [read post]
26 Aug 2013, 11:20 am
Alexis is the new reference and research services librarian in the Muse Law Library at the University of Richmond School of Law.She was born in Lake Charles, LA, and earned her B.A. in History from Louisiana State University in 2008. [read post]
26 Aug 2013, 10:58 am
Welcome to Mei Kiu Lo who is the new catalog/systems librarian at the University of Richmond Law Library! [read post]
13 Aug 2013, 11:03 am
If the mortgage holders refuse, Richmond's mayor has indicated that the city will move to seize the loans pursuant to its eminent domain powers. [read post]
13 Aug 2013, 3:00 am
Southern's Chris Odinet passes along this news: A group of plaintiffs representing some of the nation's largest bond investors (including Fannie Mae and Freddie Mac) have filed a lawsuit against the City of Richmond, CA and the investment firm Mortgage... [read post]
12 Aug 2013, 2:39 pm
The court ruled that while numerous decisions describe the summons and complaint process authorized by Section 50 of the New York City Criminal Court Act (NYCCCA) and the operation of the Summons All Purpose Part (SAP) in the Criminal Courts of the City of New York, as contained in People v. [read post]
12 Aug 2013, 2:12 pm
But the idea that the city will be able to strip distressed mortgages from one set of owners and sell new smaller mortgages to investors at a profit is speculative at best. [read post]
12 Aug 2013, 7:40 am
New York: “New York City Looks to Technology to Grow Voter Turnout” by Miranda Neubauer in TechPresident. [read post]
9 Aug 2013, 5:34 pm
Therefore, the city of Richmond will have to spend public funds to condemn the mortgages, at least initially. [read post]
9 Aug 2013, 5:48 am
The Richmond Rail Connector for a new route between San Pablo and Richmond. [read post]
8 Aug 2013, 10:23 am
According to multiple news sources (here, here and here), Wells Fargo Bank, Deutsche Bank and Bank of New York Mellon Corp. have asked the court to find the City's plan unconstitutional and block its implementation. [read post]
7 Aug 2013, 8:10 pm
The plan advanced last month with Richmond backing offers to buy 624 loans, making it the first city to push the idea so far forward. [read post]
31 Jul 2013, 6:58 pm
Here’s the compensation Richmond is offering, as described by the New York Times: The city is offering to buy the loans at what it considers the fair market value. [read post]
31 Jul 2013, 8:50 am
But now the working-class city of Richmond, Calif., hopes to use the same legal tool to help people stay right where they are. [read post]
