Mick Mulvaney, the acting White House chief of staff, is facing accusations over his role in a failed real estate deal near...
Since the mortgage meltdown, the FDIC has opted to settle cases while helping banks avoid bad press, rather than trumpeting punitive actions...
Senior U.S. District Judge Harry Lee Hudspeth found two of DTND’s lawsuits to be frivolous and filed in bad faith for the...
The appearance of a Treasury secretary sitting on a private plane belonging to someone who is convicted of a felony securities fraud,...
The pendency of three cases in circuit courts challenging the CFPB’s constitutionality has given rise to speculation as to whether the CFPB...
We must reject Smith’s arguments that are based upon her allegation that she did not receive notice of the foreclosure sale. She...
First, it assumes that the acceleration notice was for only the original loan amount. But the deed of trust granted the Bank...
The FDIC brings actions against professionals who have acted negligently and contributed to the failure of an insured institution. These suits maximize...
The Fifth Circuit panel ruled — go read it if you don’t believe me — that Anderson had no case for retaliation...
LOAN MODIFICATION: The Criswells therefore failed to accept that offer in strict compliance with its terms as well. Accordingly, neither agreement constituted...
No Retainer Agreements or Engagement Letters? No Fiduciary Relationship Between Bank Lawyers And Alleged Creditor? The Secret Veil that's been Pierced Confirms...
The opinion is a good news for lenders and bad news for homeowners as there is now some precedent that lenders cannot...
Thompson v. Dallas City Attorney’s Office appears to present the first use, in the history of the federal judiciary, of both the...
Bank loans to candidates and loans derived from advances on a candidate’s brokerage accounts, credit cards, home equity line of credit, or...
The wholly groundless exception to arbitrability is inconsistent with the Federal Arbitration Act and this Court’s precedent. Under the Act, arbitration is...
Justice Samuel Alito (for the Fifth Circuit) seemed the most receptive to that argument (a foreclosure is NOT a debt collection), telling...
Ocwen is propped up financially by New Residential Investment Corp. (NRI) which had swept in Phoenix-like in the wake of the April,...
It appears that the Fifth Circuit Court of Appeals has a New Years Resolution in relation to review of foreclosure cases by...