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23 Jul 2012, 2:27 pm
Judge Wake noted that the defendant engaged in a “breathtakingly aggressive fraud” when sentencing Kinney to 10 years in prison on the mortgage fraud scheme and to five years in prison on the second indictment, to run consecutively to the mortgage fraud sentence. [read post]
22 Jul 2012, 11:31 am
The unit will combine the various existing privacy functions of the California Department of Justice to centrally enforce and protect consumer privacy. [read post]
20 Jul 2012, 7:58 pm
Moreover, my sense is that none of the judges in the Central District of California would approve the reaffirmation of a mortgage debt because of the magnitude of the liability involved, unless there has been a significant reduction in the principal balance. [read post]
20 Jul 2012, 1:21 pm
All loans, including consumer and mortgage, will be retained by the FDIC for later disposition. [read post]
18 Jul 2012, 8:28 pm
The plaintiff has begun this action to foreclose on a property that is located on Orange Street in Central Islip, New York. [read post]
18 Jul 2012, 4:33 am
It ends with a short list of key CFPB accomplishments: -- Adopted a final rule that provides consumer protections on international electronic money transfers (sfg.ly/NmQZLT) -- Started taking complaints and inquiries about credit cards, mortgages, bank accounts, private student loans, auto and other consumer loans (consumerfinance.gov/complaint or (855) 411-2372) -- Posted a sortable database of credit card complaints (consumerfinance.gov/complaintdatabase) -- Released a student debt… [read post]
17 Jul 2012, 2:58 am
Law Blogs with a New York focus Of the 6,715 Blawgs in 75 subcategories cataloged reported by Justia on July 17, 2012, 277 are classified as Law Blogs with a New York focus. [read post]
16 Jul 2012, 7:08 pm
For now, they in turn, have been blaming the central banks and regulators. [read post]
16 Jul 2012, 10:49 am
For example, according to the Cleveland Fed, more than 50 percent of prime adjustable rate mortgages and nearly all subprime mortgages in the US in 2008 were tied to Libor. [read post]
12 Jul 2012, 9:02 am
In this post, we address the Consumer Financial Protection Bureau ("CFPB"), whose central mission is "to make markets for consumer financial products and services work for Americans--- whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products. [read post]
10 Jul 2012, 10:43 am
Interest rate caps on consumer mortgages and home heating oil agreements were also said to be exempt. [read post]
10 Jul 2012, 7:48 am
Banks began to suffer losses on their holdings of toxic securities relating to American subprime mortgages. [read post]
28 Jun 2012, 3:07 pm
Under the legislation, risky borrowers and risky mortgages triggered mandatory counseling. [read post]
28 Jun 2012, 3:39 am
According to papers filed in the Central District of California this week, Perry has now reached a settlement of the securities suit against him. [read post]
28 Jun 2012, 3:16 am
In his opinion, Central District of California Judge R. [read post]
26 Jun 2012, 5:00 am
Lending 1 st Mortgage LLC, 259 F.R.D. 437, 448 (N.D. [read post]
26 Jun 2012, 12:01 am
In conforming to the "parcel as a whole rule" propounded in Penn Central Transportation Co. v. [read post]
18 Jun 2012, 9:30 pm
The government accomplished this mission at the same time it was called upon unexpectedly to nationalize Fannie Mae and Freddie Mac, to prevent disruption of the entire mortgage market, and to rescue the insurance firm AIG to preserve the derivative market. [read post]
18 Jun 2012, 11:41 am
Bankruptcy Judge Maureen Tighe in the Central District of California said in the report. [read post]
15 Jun 2012, 9:36 am
It’s designed around a central foundation area that will be [read post]
