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3 Nov 2009, 3:06 pm
Recourse loans exist alongside non-recourse loans which, as the name implies, offer the lender no recourse against the borrower beyond foreclosure of the mortgage instrument. [4] Typically, non-recourse loans offer a higher degree of risk, and therefore carry a higher interest rate to match. [5] The banks run the risk that owners will abandon properties which they can no longer afford in a poor state of upkeep, reducing the value of the home, and therefore the amount the bank will receive… [read post]
28 Oct 2009, 6:17 am by Ronald V. Miller, Jr.
The Maryland Court of Appeals reached a decision in University of Maryland Medical System v. [read post]
28 Oct 2009, 6:17 am by Ronald V. Miller, Jr.
The Maryland Court of Appeals reached a decision in University of Maryland Medical System v. [read post]
27 Oct 2009, 6:52 pm
The Whistleblower Pleading is not about a suicidal lawyer, it is about how an out-of-state bank that made bad mortgage loans in Arizona was able to obtain a horribly biased ruling in its favor. [read post]
24 Oct 2009, 1:52 pm by Daithí
According to CNET at least two class actions have already been filed in the Californian courts, including one (Thomson v. [read post]
23 Oct 2009, 1:18 am
Tunis reversed edition.The big case that made the paper was Arias v. [read post]