The Government’s burden to prove falsity in the face of an ambiguous reporting requirement is a matter of first impression in this...
Hometown Judges Carl Stewart and Edith Clement support corrupt and failed Louisiana Bank a reversal in an opinion with a dissent from...
Goldman Sachs among the banks making tons of money thanks to market gains. The investment bank said Wednesday that its profit nearly...
The Consumer Financial Protection Bureau (CFPB) is a Bankers Institution and to call itself a Consumer Watchdog Agency is literally fraud upon...
Generally, the only people entitled to enforce a blank-indorsed note are those in physical possession of it, Phillips explained. However, the lost-instrument...
We're tracking this legal malpractice case at the Fifth Circuit COA in Dallas (State Court) about a botched $62m commercial foreclosure shortly...
Too Big To Jail. Bankers responsible for the 2008 Financial Crisis were Never Jailed because the Government and the Watchdogs who were...
By 2011, Flagstar Bank FSB had 13,000 active loss mitigation applications versus 25 full-time employees in the loss mitigation department and a...
When the Wolf's Barked for Help in Texas State Court, the Cry is Heard by the People of Texas. What they did...
Increased rents, depressed housing prices, deferred maintenance and increased evictions due to REIT ownership may increase unaffordability, create greater instability and decrease...
The Deutsche Bank Italian Job, Was it Murder or Suicide? - But the question about the presence of the Monte Paschi CFO...
LIT Editor's Comment: If this passes, it is a Disaster for Democracy. Securitization is for making the bankers and the rich, more...
Matthew Connolly, who once led Deutsche Bank’s pool trading desk in New York, was sentenced by U.S. District Judge Colleen McMahon in...
More generally: do you (Steve Mnuchin) see your job as protecting the interests of the entirety of the American people or a...
Bryan Cohen, a Goldman Sachs Vice President, leaked nonpublic information for almost three years in exchange for cash as part of an...
The CFPB filed a proposed court order requiring Ocwen Financial Corporation to provide $2 billion in principal reduction to underwater borrowers. CFPB,...
Mr. Buffett has come under criticism for standing behind Wells Fargo following the banks sales-practices scandal in 2016. He has said that...
In February, with the stock still lagging, Barton took back the company. Barton said in a statement announcing the management shuffle. Much of our...