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14 May 2010, 9:48 am by Media Law Prof
Implode-Explode Heavy Industries Inc., that a company operating an online service that gathers information about mortgage lenders and posts it online qualifies as a newsgatherer for purposes of... [read post]
27 Jul 2009, 5:53 am
Essentially, they are using industry experience and the same high-pressure sales tactics they used to sell mortgages to exploit people backed into a financial and emotional corner -- sometimes by them or their colleagues in the lending industry. [read post]
10 Sep 2009, 10:42 am by Russell Mace
It means that the Bureau has been directed to focus on the mortgage industry. [read post]
25 Mar 2020, 7:04 am by Staff Attorney
The law offices of Gana Weinstein LLP continue to investigate the Woodbridge Group of Companies and the Woodbridge Mortgage Funds (Woodbridge). [read post]
3 Mar 2012, 10:21 am by Al Raymond
Although the CFPB has the authority to examine any nonbank company in the mortgage, payday lending, and private student lending markets, the CFPB’s jurisdiction to examine companies in other consumer financial markets is limited to “larger participants. [read post]
  The passage of the bill in its current form would result in significant changes for that industry. [read post]
24 May 2024, 5:20 am by Mark Ashton
But it isn’t just insects emerging this year as we learn of the mortgage industry’s version of the 17 year insect. [read post]
17 Jul 2012, 1:04 pm by The Law Firm of Shein & Brandenburg
The MFI measures fraud committed by industry professionals such as brokers, appraisers, realtors, bankers and mortgage originators, and the FBI states that there were more than 90,000 "Mortgage Fraud Suspicious Activity Reports" investigated in 2010. [read post]
20 Jun 2008, 9:43 pm
They use credit, so it is easy to play this Las Vegas-type game.Being just an average person, this leads me to believe that we might see (my opinion) some scandals come out in the future in the energy market, just as we are seeing them now come out in the mortgage meltdown now.At the end of his talking point, Bill lamented that any help might be a long way off because of all the special interests the oil industry has in Washington.Interestingly enough, a scandal is now brewing… [read post]
22 Sep 2022, 10:06 am by Leonard L. Gordon and Joshua Nace
Last week, the Federal Trade Commission turned its attention to the mortgage relief industry once again. [read post]
18 Dec 2007, 12:55 am
Recently, the firm also was tapped to represent the creditors' committee in the SonicBlue bankruptcy and in a case regarding Selix, a troubled tuxedo rental company that owes $9 million to creditors and is going through liquidation.The McNutt firm also represents four hedge funds in asset acquisitions in Delaware bankruptcy court.'The difficulties in the subprime mortgage industry are a preview of what's going to happen in the world of corporate… [read post]
25 Jan 2011, 12:01 pm
She is also listed as an officer of dozens of banks and mortgage companies. [read post]
12 Jul 2012, 9:02 am
The intense scrutiny and regulation of lenders may discourage some mortgage companies from making loans to certain categories of customers and from offering particular loan products. [read post]
22 Dec 2016, 12:20 pm by Philip R. Stein
With 2016 rapidly drawing to a close, here are some thoughts regarding the types of litigation and legal/regulatory issues that will likely be top-of-mind for financial services companies, especially mortgage companies and banks, in 2017: RMBS Suits and Mortgage Repurchase or Indemnification Claims I admit it—I never would have thought, when I started working on cases of this type back in 2009, that new waves of residential mortgage-backed… [read post]
22 Dec 2016, 12:20 pm by Philip R. Stein
With 2016 rapidly drawing to a close, here are some thoughts regarding the types of litigation and legal/regulatory issues that will likely be top-of-mind for financial services companies, especially mortgage companies and banks, in 2017: RMBS Suits and Mortgage Repurchase or Indemnification Claims I admit it—I never would have thought, when I started working on cases of this type back in 2009, that new waves of residential mortgage-backed… [read post]
23 Oct 2023, 11:00 pm by Sherica Celine
Access this the State Law Comparison Tool (Mortgage Servicing Fees topic) for key information on permissible mortgage servicing fees and statutory fees that may be charged by a company that services consumer residential mortgages. [read post]
11 Jul 2008, 5:12 pm
Jitters about the solvency of Fannie Mae and Freddie Mac, two government-sponsored mortgage financing companies, took a big toll on financial-industry stocks Friday. [read post]
30 Oct 2013, 9:57 am by Karen M. Morgan
  From there, he explained how the CFPB took into account input from the industry in drafting and revising the new mortgage rules, focusing on “open, inclusive, transparent decision-making. [read post]
26 Jan 2011, 7:25 am by Joel J. Greenwald, Esq.
Long story short: if an employee makes or sells the Company’s main product or service, the employee is not an exempt administrator. [read post]
8 Feb 2008, 2:18 am
Citing a new national report on subprime mortgages, Arizona Attorney General Terry Goddard said today that the mortgage industry needs to reach out to more homeowners at risk of foreclosure if the nation’s housing crisis is to be brought under control. [read post]