Two software companies have filed a lawsuit that claims Dallas law firm McGlinchey Stafford and Youngblood & Bendalin misappropriated their mortgage loan software.
A construction boom has had an unexpected cost to banks in Florida and other high-growth areas. Thieves are stealing heavy equipment and using it to make away with ATM machines,…
Updated: The attorneys general of California and Illinois filed lawsuits today against Countrywide Financial Corp., claiming that the mortgage lender engaged in deceptive and unfair practices.
A federal prosecutor nicknamed “Dangerous Opie” is likely to have a higher profile now that he is handling the case of two Bear Stearns hedge fund managers considered to be…
A glut of vacant condominium units due to the mortgage meltdown is creating increased opportunities for criminals. Among the scams now reportedly on the rise as a result: squatters (often…
Faced with a 150 percent increase in foreclosures since January 2005, the chief judge of New York has decided a special court is needed to handle these cases.
Updated: Dozens of real estate agents and brokers have reportedly been arrested by the FBI over the past few days, and more than 400 individuals have been swept up as…
The owners of an apartment complex in suburban Chicago have filed a federal civil rights lawsuit against local government officials. At issue is the “gated community” created by concrete police…
Practicing law is a family affair for Franklin Horne Jr. The 63-year-old real estate attorney and developer has his own firm in Macon, Ga., where he practices with his son,…
Right now, violators will only be warned by Addison authorities. But starting next year residents of this suburban Chicago town face a fine of up to $500 for putting a…
Rather than waiting for lenders to foreclose, a group of struggling borrowers in Florida has turned the tables by suing those who gave them mortgages they can’t afford to pay.
A well-known Nevada rancher has won $8.6 million in a 17-year battle against the government over restricted grazing and water rights, two years after he died.
Updated: Although the FBI and U.S. Department of Justice are reportedly investigating mortgage industry leaders after a foreclosure crisis sparked by failing subprime loans, criminal cases against them appear unlikely.
The U.S. Supreme Court has made it easier for some plaintiffs to prove their cases in civil suits brought under the Racketeer Influenced and Corrupt Organizations Act.
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