Nightmare at FHA- Executive Summary The Federal Housing Administration’s (FHA’s) mission is to be a targeted provider of mortgage credit for low- and moderate-income Americans

Rolling Stone- If you've ever been arrested on a drug charge, if you've ever spent even a day in jail for having a stem of

See Depo Below! Bloomberg- Mozilo was responding to questions from an MBIA attorney who asked if he regretted how Calabasas, California-based Countrywide was run after

FDL- Last week, Thomas Cox, the Maine lawyer who performed the deposition that basically exposed robo-signing, won the $100,000 Purpose Prize for his work on

Roller coaster ride is going to continue with the manipulation of real estate rising prices but this time it might fire back in their faces.

NYT- A new and extensive analysis of 2.4 million loans insured by the Federal Housing Administration in recent years shows a pattern of risky lending

They failed it a very long time ago and will continue to fail. American Banker- Think corporate governance at the largest banks is weak? You're

Realty Trac- Florida, Nevada, Illinois post highest state foreclosure rates The Florida foreclosure rate ranked highest among the states for the third month in a

In June, WND reported evidence Eric Holder’s Justice Department has not investigated money-laundering charges in deference to bank clients of his Washington-based law firm, where

2012 Ohio 5807 Nationstar Mortgage, LLC, Appellee, v. Robert J. Van Cott, et al., Appellants. Court of Appeals No. L-12-1002.Court of Appeals of Ohio, Sixth

Bloomberg- The New York attorney general has no authority to claim $150 million in fees that Ernst & Young earned from Lehman Brothers Holdings in

The Republic- You can be forgiven if you watched the Department of Justice’s announcement yesterday of a $1.92 billion settlement with HSBC with a sense

HuffPO- Merry Christmas, America, the U.S. government is about to close the books on its AIG bailout with a big profit. Please just ignore the

Bloomberg- Bank of America Corp., the second- biggest U.S. lender, is set to begin an effort today to defeat bond insurer MBIA Inc. (MBI)’s bid

FDL- On November 20th 2012 I told you about a guilty plea taken by Lorraine Brown, the founder of DOCX (later known at LPS), in

The Un-MERS-iful Stringency of the REMIC Regulations Once a Failed REMIC, Never a REMIC Bradley T. Borden Brooklyn Law School David J. Reiss Brooklyn Law

The pot calling the kettle black Business Week- Bank of America Corp. (BAC) won a federal judge’s permission to proceed with some claims against the

She has my Vote! The Globalist- First, the prediction: 2016 will be the year of the woman in U.S. presidential politics. By electing a female

CNN- In a historic fine, HSBC will pay out a record $1.92 billion to U.S. authorities to settle money laundering accusations -- activities which have

Obama Administration all know this and don't care what you or anyone thinks. Some of the regulators know where the bodies are buried, guess who