The disease of corruption and the criminality that greed produces has become the basis of our nation’s governance and its financial systems.
Ocwens' Consent Judgment had two sets of obligations: complying with federal and state law, and complying with the fencing-in provisions.
Even under a traditional res judicata approach, Marra appropriately considered the terms of the Consent Judgment. CFPB’s claims are barred.
Judge Marra's analysis of the res judicata effect of the Consent Judgment using traditional principles shows that method is inappropriate.
LIT compares Federal District Court Discrimination Cases between African Americans in Ill. and Elder Abuse in TX. The Disparity is Alarming
The State Supreme Court held that the issues should be decided by the jury, not a judge. But truthfully, its decision is...
Big Law's Goodwin has been busy fixing any ‘Problems’ that have arisen since the Financial Crisis of 2008 and LIT investigates ongoing...
In 2013, Bank of America’s lawyers somehow convinced a higher appellate court to review Michael Winston's $3.8 Million dollar verdict.
Judge Nelson puts PRMI on the hook for just over $22 million altogether, with 75% of that sum being awarded to law...
The court’s rulings on the motions filed by the Goodwin Law firm are an indictment of the Barrett firm’s complete failure to...
When Linza threatened legal action, PHH responded it was a multi-billion dollar company with deep pockets and a “bus load” of attorneys...
Residential Capital filed lawsuits against 12 lenders that originated poor quality loans that ResCap purchased and securitized, including PRMI.
The profound events of 2007 and 2008 known as the financial crisis or the great recession and blame is documented in the...
At the time its July 11, 2008 closure, IndyMac had assets of about $32 billion, making its failure the fifth largest bank...
Christine Frazer described the raid, saying in the days since the eviction she and her family, including her 85-year-old mother, daughter and...
RFC reached settlements totaling approximately $9 billion, with the RMBS Trusts and several of the Monoline Insurers re packaged Toxic Loans.
U.S. Judge Brinkema ordered the compassionate release of Taylor, Bean & Whitaker's former chairman and CEO, Lee Farkas, due to susceptibility of...
Sounds Familiar: The consumer protection goal of Colorado foreclosures was gutted by the amendments drafted by the creditor attorney Respondents.