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Enforcement Director’s New Initiatives In a speech delivered in August marking his first 100 days as Division Director, Mr. [read post]
28 Jan 2010, 11:51 pm
Couple Sue Bank of America Alleging Erroneous Foreclosure Attempt The National Law Journal Lawyers for owners of a mortgage-free Florida home that Bank of America attempted to foreclose on are bringing an arsenal of legal claims against the banking giant, ranging from obvious claims like conversion and trespass to more unexpected ones like defamation and libel. [read post]
28 Jan 2010, 5:51 am by Kelly
We cut taxes for first-time homebuyers. [read post]
27 Jan 2010, 10:00 pm by Jennifer S. Taub
The Warner/Corker deal would give the government the option to still put failing firms through a government-structured resolution, but they would have to clear hurdles first and it would be a bit more complicated. [read post]
27 Jan 2010, 2:52 am by malik11397
Part of the debtor’s property may be subject to liens and mortgages that pledge the property to other creditors. [read post]
19 Jan 2010, 7:26 am by admin
Meanwhile, lots of people wait on the sidelines - laid-off executives writing that novel they've always meant to, working moms shifting to stay-at-home moms, and homeowners paying two mortgages because they can't bear to sell at localized depressed prices. [read post]
15 Jan 2010, 5:37 am by Daniel Shaviro
Thus, consider home mortgage interest deductions. [read post]
8 Jan 2010, 11:20 am
Includes Chapter Numbers, Bill Numbers and Titles To retrieve the text of any of the New York Chapter laws listed below, go to http://public.leginfo.state.ny.us/menuf.cgi 507 S66007 KLEIN -- Relates to home mortgage loans, the crime of mortgage fraud, and appropriations to the NYS housing trust fund corporation 506 A40012 Rules (Brodsky) -- Creates the authorities budget office; repealer 505 A2209C Brodsky -- Creates an independent authority budget office;… [read post]
8 Jan 2010, 7:46 am by admin
Mozilo, a butcher's son from the Bronx, and David Loeb, a founder of a mortgage banking firm in New York, who died in 2003, the company has become a $500 billion home loan machine with 62,000 employees, 900 offices and assets of $200 billion. [read post]
8 Jan 2010, 6:00 am by Lucas A. Ferrara, Esq.
Much of the recent improvement in sales is due to artificially low mortgage rates, created by the Fed's purchases of mortgage backed securities and the first time home buyer's credit. [read post]
Rodgin Cohen is a partner and chairman of Sullivan & Cromwell LLP focusing on acquisition, corporate governance, regulatory and securities law matters. [read post]
5 Jan 2010, 7:44 am by admin
The first line of business provides substantial benefits for affordable housing through the process of using credit guarantees to turn mortgages into marketable securities that trade in public debt markets. [read post]
1 Jan 2010, 4:08 am by John Watts & M. Stan Herring
It will be interesting to see what develops in this case where we have alleged fraud (related to a loan modification) and wrongful foreclosure against Deutsche Bank National Trust and the servicer American Home Mortgage Servicing, Inc. [read post]
31 Dec 2009, 7:55 am by Scott Sagaria
The first decade of the 21st century saw some spectacular bankruptcy filings among the largest corporations in the United States. [read post]
30 Dec 2009, 8:42 am by Meaghan Olson
Chrysler: $39.3 billion April 2009 The story: Though not the first car company hit by weak sales and high loses, Chrysler was the first American automaker to file bankruptcy since Studebaker in 1933. [read post]
Homeowners with negative equity, a situation in which one’s mortgage exceeds the home value, are concentrated in a small number of states, with Nevada (48% of mortgages) and Michigan (39%) of most concern. [read post]