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6 Jan 2011, 11:07 am by blacklobellolaw
According to Bloomberg, attorney generals in all 50 states are in the final stages of negotiating settlements with five of the nation’s prominent loan servicers. [read post]
6 Jan 2011, 7:17 am by Carolyn Elefant
They’re also default providers of important services like lawyers’ assistance programs and courses on starting a law firm that provide reasonably priced, jurisdiction-specific guidance. [read post]
4 Jan 2011, 8:23 am by admin
  Hey, that was my idea, maybe I can nationalize it! [read post]
29 Dec 2010, 9:20 am by admin
  This is the Rural Housing Service, the former Farmers’ Home Administration, the nation’s oldest government lender, founded in 1934. [read post]
29 Dec 2010, 6:45 am by Stikeman Elliott LLP
In addition, as we reported last year, the lower review thresholds of C$5 million have been repealed for the sensitive sectors of financial services, transportation services and uranium mining, leaving only cultural businesses subject to the C$5 million asset threshold for direct acquisitions of control and special review by Heritage Canada. 2. [read post]
28 Dec 2010, 9:55 pm by David Jacobson
Here’s a summary: H v Health Service Provider [2010] PrivCmrA 9: the Commissioner dismissed a complaint that a sale of a health clinic and transfer of files breached the National Privacy Principles. [read post]
19 Dec 2010, 3:02 pm by Richard Posner
Its liabilities include bonds and other contractual debt, entitlements such as social security and Medicare, and government services such as maintenance of highways and national defense. [read post]
19 Dec 2010, 1:16 am by Mandelman
  Million dollar mortgages are defaulting at twice the national average. [read post]
17 Dec 2010, 8:46 am by Mandelman
It’s coming up on two years since I started writing my blog, Mandelman Matters, and since those oh-so-humble beginnings back in late December of 2008, I’ve written and posted 375 in-depth articles focused on the political, economic, social and legal aspects of the financial and resulting foreclosure crises. [read post]
16 Dec 2010, 5:46 pm by Mike
To collect from lessees who default on their payments the lessors hired some lawyers to file suit in New York to obtain default judgments to extort money from the merchants. [read post]
16 Dec 2010, 8:03 am by Frank Pasquale
I asked one investment banker what might cause half of North America’s top corporations to default. [read post]
15 Dec 2010, 6:57 pm by Frank Pasquale
It would take a cataclysm – around a third of the leading investment-grade corporations in Europe or half those in North America going bankrupt and defaulting on their debt – for the insurance to be paid out.I asked one investment banker what might cause half of North America’s top corporations to default. [read post]
3 Dec 2010, 7:22 am by admin
Stern, who has profited handsomely from the foreclosure trade, sold the part of his operation that provides support services for his firm’s foreclosure work — DJS Processing — to a public company called the Chardan 2008 China Acquisition Corporation. [read post]
19 Nov 2010, 7:15 am by admin
  No government backstop, no national credit-availability infrastructure. [read post]
2 Nov 2010, 11:00 am by LindaMBeale
  The Tea Partiers, in other words, have muddled ideas that forecast wrong-headed policies on taxes, finances, income inequality, the role of unions in protecting the U.S. middle class, and the role of the big multi-national corporations in influencing government to favor their own businesses and the rich who own or manage them (via lobbying and especially since the Supreme Court's Citizens United case, via the use of huge sums of money to influence elections… [read post]
30 Oct 2010, 11:19 pm by Mike
According to court documents, the DeLeons became unable to pay the mortgage in August 2008 and received a notice of default. [read post]
10 Oct 2010, 8:11 am by Mandelman
And yet, in terms of a national understanding of what’s happened to ours and in fact the world’s economy, we’ve still got more than 50% of our population blaming homeowners, reciting the ridiculous rhetoric about “irresponsible sub-prime borrowers” buying more house than they could afford. [read post]