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25 Oct 2010, 10:35 am by Adam Solomon
New York Attorney General The New York Attorney General has been the most active state agency investigating the advanced consent marketing practices and bringing law enforcement actions. [read post]
" as [b]oth Fannie Mae and Freddie Mac have a history of profound corporate mismanagment...and both companies have fallen short in aspects of their performances... [read post]
13 Oct 2010, 2:40 pm by Adam Thierer
(He barely mentioned existing regulation, like the FTC’s enforcement of corporate promises or the Fair Credit Reporting Act, which restricts the use of personal data for credit decisions, where a real harm could occur to users.) [read post]
13 Oct 2010, 10:44 am by Donna Mia
For one thing, our legal system, banks, and regulatory agencies will all lose their credibility. [read post]
12 Oct 2010, 5:26 am by David G. Badertscher
Corporate CounselAre companies witnessing the death of the billable hour -- or the rise of discounted hourly rates? [read post]
10 Oct 2010, 8:11 am by Mandelman
Tax fraud, tax evasion, securities fraud, a fraud on the courts, a Ponzi scheme of Herculean proportion, the unqualified failure of our government’s regulatory and enforcement agencies… the money long gone to bankers in the form of mega-bonuses… and a group of Wall Street bankers confident that Congress will simply white wash over everything (read: socialize the debt) and send the bill to the American people. [read post]
8 Oct 2010, 2:14 pm by Roshonda Scipio
White.Albany : State University of New York Press, c2010.Financial CrisisKF974 .M328 2010Anatomy of a meltdown : a dual financial biography of the subprime mortgage crisis / Michael P. [read post]
6 Oct 2010, 7:28 pm by Shari Shapiro
The Federal Housing Finance Agency, which regulates government sponsored mortgage buyers Fannie Mae and Freddie Mac, and the Office of the Comptroller of the Currency, which regulates national banks stopped the PACE programs in their tracks. [read post]
4 Oct 2010, 8:49 am by Kara OBrien
  Thomsen said she expects some “cultural changes” at the CFTC because it is a very small agency that has now been given a huge mandate. [read post]
3 Oct 2010, 2:35 pm by Law Lady
Under Florida law, the plain language of a residential mortgage note, which repeatedly and unmistakably indicated that a mortgagor's monthly payments might not be sufficient to cover the interest, and that any deficiency would be added to the note's principal, did not require a mortgagee or a loan servicer to apply at least a portion of each monthly mortgage payment to the principal. [read post]
28 Sep 2010, 5:08 am by David G. Badertscher
Bossie is the president of Citizens United, a conservative group whose anti-Hillary Clinton movie in 2008 led to a landmark ruling this year, when the Court threw out parts of a 63-year-old law prohibiting corporations and unions from paying to air ads for or against political candidates.Clients Told to Rethink Taking IRS Amnesty Offer on Unreported Offshore Bank AccountsDaily Business ReviewWith the IRS baring its teeth at anyone with an unreported offshore bank account, the rule of thumb… [read post]
24 Sep 2010, 3:46 am by Broc Romanek
The number of criminal mortgage-fraud cases filed by the agency has more than doubled so far this year compared with 2007, while new corporate-fraud cases also have surged. [read post]
22 Sep 2010, 4:40 am by Broc Romanek
"The consumer agency bothers me the most," said Shelby, who failed to reach a compromise with Democrats and voted against the bill. [read post]
21 Sep 2010, 5:00 am by Doug Cornelius
In many instances, the Dodd-Frank Wall Street Reform and Consumer Protection Act merely set a framework for financial reform and left much of the heavy lifting to the financial regulatory agencies. [read post]
19 Sep 2010, 8:02 pm by Celeste Blackburn
Department of the Treasury; the Federal Deposit Insurance Corporation; the Federal Housing Finance Agency; all of the Federal Reserve banks; the Board of Governors of the Federal Reserve System; the National Credit Union Administration; the Office of the Comptroller of the Currency; the Securities and Exchange Commission; and the Bureau of Consumer Financial Protection established by the legislation. [read post]
10 Sep 2010, 1:00 pm by Lucas A. Ferrara, Esq.
Inc Clayton Holdings, LLC Coalco Coldwell Banker Commercial NRT Colliers International Colony Heights LLC Commercial Mortgage Consultants Community Housing Improvement Program Community Preservation Corporation Con Edison Conquest Advisors, Ltd Core Group Marketing Cosmopolitan Associates LLC DDG Partners LLC Deutsche Bank Berkshire Mortgage Deutsche Bank Donovan & Giannuzzi, LLP Dorsett Properties Douglas Elliman Property Management… [read post]
5 Sep 2010, 4:11 am by Durga Rao
Under SARFAESI Act, 2002, the Bank itself determines the amount of debt when there is a default and proceeds with the property mortgaged in accordance with the provisions of the Act and the concerned regulations. [read post]