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5 Apr 2010, 5:10 am
He has organized numerous legal challenges of banks and lenders, recently held a summit dedicated to combating consumer fraud that included 300 Ohio consumer advocates, and has been working with other state AGs and the Obama administration to "report trends in fraud and illegal conduct to Treasury to help develop a coordinated and effective national response" and argue in favor of effective financial reform. [read post]
29 Mar 2010, 10:15 am
JMBM represents commercial banks, special servicers, private lenders, asset-based lenders, hard money lenders and factors. [read post]
29 Mar 2010, 7:01 am
" Critics complain that the current proposal fails to prevent banks from taking on too much risk, fails to protect consumers from predatory lenders, and fails to ensure that taxpayers will not be on the hook to bail them out again if they get in trouble. [read post]
29 Mar 2010, 6:05 am
The perceived or actual risks of a loan modification are transferred from lenders to BCC. [read post]
28 Mar 2010, 10:13 pm
It comes as banks are being urged by the White House, members of Congress and community groups to do more to stem the tide. [read post]
26 Mar 2010, 10:50 am
JMBM represents commercial banks, special servicers, private lenders, asset-based lenders, hard money lenders and factors. [read post]
24 Mar 2010, 7:41 am
Kathleen Guy, a partner in our Commercial Real Estate and Banking Group provided answers to legal questions regarding SBA loans at a seminar/webinar presented by the Small Business Partners, Inc. and National Association of Development Companies titled “SBA 504 Loans — An Important Economic Development Tool for Community Lenders” on March 12, 2010. [read post]
24 Mar 2010, 12:00 am
And as far as lying to banks… well… I encourage it. [read post]
23 Mar 2010, 10:23 am
JMBM represents commercial banks, special servicers, private lenders, asset-based lenders, hard money lenders and factors. [read post]
18 Mar 2010, 11:12 am
On appeal, the Second Circuit affirmed in part and remanded, holding that RESPA Section 8(b) clearly and unambiguously does not apply to excessive fees charged by a lender. [read post]
15 Mar 2010, 4:57 am
This is a good news but its impact is still being considered by lenders and government officials. [read post]
15 Mar 2010, 4:57 am
This is a good news but its impact is still being considered by lenders and government officials. [read post]
14 Mar 2010, 8:49 pm
The organizations must realize that they are not just another banking or lending organization. [read post]
12 Mar 2010, 9:29 am
JMBM represents commercial banks, special servicers, private lenders, asset-based lenders, hard money lenders and factors. [read post]
11 Mar 2010, 7:18 am
But the PLC’s trade group did not take this lying down. [read post]
9 Mar 2010, 2:59 pm
Lenders have certainly caught on to that fact. [read post]
9 Mar 2010, 6:27 am
JMBM represents commercial banks, special servicers, private lenders, asset-based lenders, hard money lenders and factors. [read post]
8 Mar 2010, 10:42 am
American International Group, better know by its acronym AIG, it seems these days can rarely catch a break. [read post]
8 Mar 2010, 9:54 am
In a letter to Senate Banking Committee Chair Chris Dodd and Ranking Member Richard Shelby, industry groups asked that the Senate not separate the Fed’s monetary policy role from the central bank’s financial regulation function. [read post]
7 Mar 2010, 12:24 pm
For example, four days after the Connecticut Banking Commissioner examined one Connecticut lender, the lender notified the Commissioner that it was becoming a subsidiary of a national bank, thereby excusing it from compliance with Connecticut banking law. [read post]
