Not exact matches
«State attorneys general told five of the nation's largest banks on Tuesday they face a potential liability of at least $ 17 billion
in civil lawsuits if a settlement isn't reached to address improper
foreclosure practices» a «figure [that] doesn't cover additional billions of dollars
in potential claims from federal agencies,» the Wall Street Journal reported on Wednesday.
Then there is the euro area debt crisis, slower growth
in the economy, lawsuits over
foreclosure practices, and impending adjustments to capital - reserve requirements.
In a defense outlined in papers filed in the foreclosure, the Kelleys are portrayed by their attorneys as victims of unsound lending practices by banker
In a defense outlined
in papers filed in the foreclosure, the Kelleys are portrayed by their attorneys as victims of unsound lending practices by banker
in papers filed
in the foreclosure, the Kelleys are portrayed by their attorneys as victims of unsound lending practices by banker
in the
foreclosure, the Kelleys are portrayed by their attorneys as victims of unsound lending
practices by bankers.
According to a 2013 press release that explained the new QM rules, CFPB officials stated: «The rule also protects borrowers from risky lending
practices such as «no doc» and «interest only» features that contributed to many homeowners ending up
in delinquency and
foreclosure after the 2008 housing collapse.»
Kim has established a full time mediation
practice in the areas of mortgage
foreclosure, civil conflicts, contract / / business disputes, Homeowner Assn. issues, guardianship and elder care disputes.
Top officials
in the Obama administration hoped for a quick settlement to a major lawsuit brought by state attorneys general over bad
foreclosure practices.
The group of leaders, which includes representatives from the Queens neighborhoods with the most homes
in foreclosure, signed on to a letter urging big banks to change their mortgage modification
practices.
According to a 2013 press release that explained the new QM rules, CFPB officials stated: «The rule also protects borrowers from risky lending
practices such as «no doc» and «interest only» features that contributed to many homeowners ending up
in delinquency and
foreclosure after the 2008 housing collapse.»
The bank paid out nearly $ 28 billion
in total settlements as a result of reckless lending
practices that led to mass
foreclosures among its borrowers.
This particular
practice of extending loans to people with poor records are seen
in the U.S. mortgage industry as well and can be considered as one of the major reasons on why there are such a lot of
foreclosures on homes across the country.
When the
practice came to light, courts
in New Jersey and several other states deemed it necessary to more carefully review each
foreclosure before it is finalized.
Under sweeping new rules passed last week, the 18 - month - old federal agency moved to help protect consumers from the worst sorts of predatory lending
practices and shoddy underwriting standards that helped cause a dramatic increase
in mortgage delinquencies and consequently the country's recent
foreclosure crisis.
During the recent mortgage and housing meltdown, our
foreclosure defense
practice grew to be the largest
in King, Pierce and Snohomish Counties, with a 19 % market share
in completed residential short sales, helping over 2,200 local homeowners settle over $ 230 million
in mortgage debt.
The combination of an increase
in credit availability and predatory lending
practices contributed to an over-issuance of loans to borrowers with the greatest potential for mortgage default and subsequent
foreclosure.
In a speech Tuesday, Federal Reserve Chairman Ben Bernanke said poor lending practices contributed to the sharp increase in mortgage delinquencies and foreclosures, and that the new rules will «address some of the problems that have surfaced in recent years... especially high - cost mortgage lending.&raqu
In a speech Tuesday, Federal Reserve Chairman Ben Bernanke said poor lending
practices contributed to the sharp increase
in mortgage delinquencies and foreclosures, and that the new rules will «address some of the problems that have surfaced in recent years... especially high - cost mortgage lending.&raqu
in mortgage delinquencies and
foreclosures, and that the new rules will «address some of the problems that have surfaced
in recent years... especially high - cost mortgage lending.&raqu
in recent years... especially high - cost mortgage lending.»
For one thing, these groups are already disproportionately affected by predatory credit
practices, such as the marketing of subprime mortgages and overpriced auto loans targeted at these populations.11 As a result, these groups have suffered higher
foreclosure rates.12 African Americans and Latinos also suffer from disparities
in health outcomes, and as discussed
in Section IV of this testimony, health care bills are another source of black marks on credit reports.
As we have read
in the media, predatory lending
practices exist
in this industry thereby often causing default, eventual
foreclosure and even bankruptcy.
Los Angeles County About Blog Marc Aaron Goldbach is the Attorney at Law for Goldbach Law Group with 25 years of expertise
in a variety of
practice areas including insurmountable debt,
foreclosure, serious felony charges, immigration or other legal issues such as workplace harassment, family and medical leave act violations, whistle blowing and retaliation, consumer law or personal injuries.
Jacksonville, FL About Blog Parker & DuFresne, P.A. focuses our
practice in the areas of
foreclosure defense, bankruptcy law, consumer protection and family law.
Practicing attorney
in the areas of bankruptcy,
foreclosure, small business, real estate and litigation.
He currently
practices in the areas of real estate, debt collection, civil litigation, landlord & tenant, business organization and
foreclosure.
She is also experienced
in handling real property and UCC
foreclosures, defending clients against lender liability, sham guaranty, and unfair business
practices and specializes
in enforcing and collecting judgments at both the trial court and appellate court level.
With a bankruptcy
practice clients are often
in crisis mode due to a pending home
foreclosure, a frozen bank account, or a garnished paycheck.
His
practice involves representing lenders, creditors, trustees, assignees for the benefit of creditors, and debtors
in chapter 7 liquidation proceedings, chapter 11 reorganization proceedings, state court
foreclosure actions, and out of court restructurings and liquidations.
During his time
in Mount Dora, he gained a wealth of invaluable experience representing a high volume of clients
in a number of different
practice areas including real estate, business law,
foreclosure defense, landlord / tenant disputes, estate planning, probate, bankruptcy, and civil litigation.
With over 35 years» experience
in real estate and commercial litigation, Al's expertise ranges from broad commercial disputes to niche
practices in title insurance litigation and
foreclosure of large commercial loans.
Our Real Estate
Practice Group has experience that dates back to the late 1980's and early 1990's
in advising a wide variety of clients
in connection with loan defaults, workouts and
foreclosures; loan acquisitions and sales; real estate joint venture disputes and leasing disputes and enforcement.
The 2013 lawsuit alleged that Citigroup's directors breached their duty of loyalty
in two ways: (1) by permitting Citibank to engage
in unlawful
foreclosure and mortgage servicing
practices through the implementation of inadequate internal controls; and (2) by failing to issue a supplemental proxy describing the terms of a consent order with the Office of the Comptroller of the Currency to resolve investigations into Citibank's mortgage servicing operations, into which Citibank entered after Citigroup had issued its 2011 proxy materials, but before its 2011 shareholders» meeting.
In addition, her suit alleges unfair business
practices, defamation, libel and various other offenses that took place during the course of the October wrongful
foreclosure and its aftermath.
Okay, so they're not
in the Am Law 100 or even the Am Law Second Hundred, but two relatively small Hartford firms, Hunt, Leibert and Jacobson and Reiner, Reiner and Bendett are reaping millions from their busy
foreclosure practices, reports the Hartford Courant.
Preston Ascherin — Consumer Financial Services
Practice Group, Los Angeles Preston Ascherin dedicates his practice to the financial services sector, defending mortgage loan originators, servicers, and investors in class and individual lawsuits, bankruptcy adversary cases, contested foreclosures, and regulatory compliance
Practice Group, Los Angeles Preston Ascherin dedicates his
practice to the financial services sector, defending mortgage loan originators, servicers, and investors in class and individual lawsuits, bankruptcy adversary cases, contested foreclosures, and regulatory compliance
practice to the financial services sector, defending mortgage loan originators, servicers, and investors
in class and individual lawsuits, bankruptcy adversary cases, contested
foreclosures, and regulatory compliance matters.
Eric Levine — Consumer Financial Services
Practice Group, West Palm Beach Eric Levine dedicates his practice to the financial services sector, defending mortgage loan originators, servicers, and investors in class and individual lawsuits, bankruptcy adversary cases, contested foreclosures, and regulatory compliance
Practice Group, West Palm Beach Eric Levine dedicates his
practice to the financial services sector, defending mortgage loan originators, servicers, and investors in class and individual lawsuits, bankruptcy adversary cases, contested foreclosures, and regulatory compliance
practice to the financial services sector, defending mortgage loan originators, servicers, and investors
in class and individual lawsuits, bankruptcy adversary cases, contested
foreclosures, and regulatory compliance matters.
He focuses his
practice in corporate litigation matters, and has experience with partnership and limited liability company disputes, guaranty defense,
foreclosure litigation, leasing, and provisional remedies.
Mr. Moreno has successfully represented clients
in claims involving breach of contract, unfair business
practices, false advertising, fraud, breach of fiduciary duty, negligence, wrongful
foreclosure, unfair debt collection, unfair credit reporting, unjust enrichment, misappropriation of trade secrets, quiet title, emotional distress, and receiverships, among others.
With a multi - office interdisciplinary team focused
in Los Angeles, San Francisco, Orange County, San Diego and New York, the CMBS default
practice serves as a go - to resource for several major CMBS special servicers for both default administration /
foreclosure work and bankruptcy / insolvency matters.
His
practice concentration is real property, with particular expertise
in land titles, real property secured lending, easements, title insurance, purchase and sale transactions,
foreclosure, and survey matters.
His litigation
practice focuses on the representation of general contractors, subcontractors and materialmen
in construction claims, including bond and lien
foreclosure matters, and
in the representation of servicers of commercial mortgage - backed securities pools and institutional lenders
in mortgage
foreclosures and non-residential landlord / tenant matters.
Samantha Dammer is an attorney licensed
in Florida and Illinois, concentrating her
practice in bankruptcy law, general and real estate litigation,
foreclosure solutions, family law, business law as well as comprehensive asset protection and debt restructuring.
Prior to joining Ryan Ryan Deluca LLP, Allison
practiced in the area of
foreclosure litigation at a firm
in Stamford, Connecticut.
Whether you're interested
in learning more about stopping the
foreclosure of your home, figuring out which of your belongings are exempt under Louisiana law or getting started on filing bankruptcy, you may benefit from speaking with a bankruptcy lawyer
practicing in your area of Louisiana.
As a member of the Real Estate
practice, Nick is involved
in commercial and residential
foreclosures, disputes relating to commercial and residential leases, and receiverships.
Mr. Goldstein's
practice involves defending lenders, brokers and servicers
in court (negligence, fraud, TILA, RESPA, HBOR, wrongful
foreclosure, lender / servicer liability defense, etc.).
Ms. Long represents banks, lenders, and others
in banking - related litigation, including disputes involving fraudulent check claims, check scams,
foreclosure challenges, indemnification claims, defalcations, and lending
practices.
A former U.S. marine, Ed O'Sheehan is a litigation attorney and partner
in the Ft. Lauderdale office, where he focuses his
practice on contested
foreclosures, consumer finance litigation matters, creditors» rights (including bankruptcy), insurance matters, and tax appeals.
Mr. Hubley has extensive experience
in appellate
practice and has argued appeals involving seminal issues of state - wide importance concerning secured transactions and
foreclosure.
She has significant experience
in matters related to loan origination and servicing
practices, fair lending, residential
foreclosure, bankruptcy and default issues, secondary markets, and consumer banking.
Continuing from my last post, this post (also excerpted / adapted from my CLE presentation o the Florida Bar Appellate
Practice Section) outlines some unique legal issues that arise
in foreclosure appeals.
As a Shareholder
in the firm's Real Estate
Practice Group, Gil Acevedo brings to the firm over fourteen years of real estate experience
in various areas of real estate law, including
foreclosures, commercial and residential evictions, and real estate mediation.
She focuses her
practice in the areas of commercial litigation and banking and finance law, including bankruptcy,
foreclosure,...
Her
practice focuses on representing banks and other financial institutions
in federal and state courts throughout the United States
in cases involving trusts and fiduciaries, the Uniform Commercial Code, Fair Credit Reporting Act, Telephone Consumer Protection Act and mortgage
foreclosures.