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13 Jul 2010, 3:03 pm
” The existence of viable options beyond Biglaw is a point I made in our earlier post looking at placement data for students at Cornell Law School: There are so many options for law-related employment outside of Biglaw — midsize or small law firms, federal government (e.g., the DOJ Honors Program), state government, clerkships (federal and state), fellowships, non-profits / public interest, and in-house (yes, even for new graduates). [read post]
8 Jul 2010, 12:35 am
By setting interest rates at 0% and allowing no-down-payment loans, the Federal Reserve (the same guys who have nudged you into the stock market) nudged you into buying a home. [read post]
7 Jul 2010, 11:07 am
(C) Is section 2923.5 preempted by federal law? [read post]
26 Jun 2010, 4:59 pm
Millions have lost their jobs, businesses have failed, housing prices have dropped, and savings were wiped out. [read post]
9 Jun 2010, 7:59 pm
" But rather than simply hire third-party vendors to perform the services, Countrywide created subsidiaries to hire the vendors. [read post]
7 Jun 2010, 12:52 pm
A third political reason might be this: If you touch it, you own it. [read post]
20 May 2010, 1:08 pm
He will remain as the chairman of Union Federal Savings Bank (a subsidiary of First Marblehead), and he’s officially staying on as a “temporary employee at-will to provide transition services to First Marblehead. [read post]
18 May 2010, 6:00 pm
On Monday, the government issued data showing that HAMP only helped 300,000 defaulting households obtain permanent relief by way of new loans. [read post]
13 May 2010, 3:06 am
Making Home Affordable was slated to be roughly a $380 billion federal program. [read post]
12 May 2010, 8:29 pm
updated May 13th, 12pm Senators John Kerry (D-MA) and Joe Lieberman (I-CT)… [read post]
11 May 2010, 1:50 pm
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10 May 2010, 9:19 am
The crisis is now in its third year, and we’ve lost roughly seven million homes to foreclosure to-date. 2. [read post]
5 May 2010, 7:50 pm
" The deal, "essentially a play on the 'bad bank model' from the savings and loan crisis, involves the purchase from Georgia third-largest commercial bank, United Community Banks, of $100 million in nonperforming loans and REO by a private equity firm in return for the purchase by the investment firm of $65 million in convertible preferred stock and warrants to buy and equal amount of common stock, together with the placement by the… [read post]
3 May 2010, 11:50 pm
In the beginning, Fannie Mae was run like a national savings and loan that allowed banks to charge significantly lower interest rates on mortgages to those purchasing a home. [read post]
16 Mar 2010, 7:34 pm
The reimbursement rate and the how long it may take to get the reimbursement will depend on the third party payer. [read post]
4 Mar 2010, 6:09 am
Inspired by Powell’s appointment and advocacy, conservatives organized the Federalist Society to screen, educate and ultimately to approve of appointments to the Federal bench. [read post]
26 Feb 2010, 10:44 pm
One article suggests that there may be more federal funds pumped into the effort of saving owners from foreclosure and stemming the increases in foreclosed homes. [read post]
18 Feb 2010, 8:34 pm
The program that the Administration wants to end has the federal government paying lenders to make student loans, even though the loans are guaranteed by the federal government. [read post]
14 Feb 2010, 6:55 pm
Individuals may use a chapter 13 proceeding to save their home from foreclosure. [read post]
7 Feb 2010, 6:14 am
So, all in all, the whole save-my-house-through-a-loan-modification thing is going swimmingly, I think would be a fair way to phrase it. [read post]
