The mortgage meltdown includes even some homeowners in the nation’s most affluent communities. But the rich, as F. Scott Fitzgerald wrote, are different than the rest of us. They have…
In a case that has resulted in stricter regulatory standards for all national banks, one of the country’s biggest financial institutions has agreed to settle for $144 million a federal…
Updated: A class action by credit card holders over mandatory arbitration provisions imposed by credit card issuers can proceed to trial, a federal appeals court has ruled.
A midsize Los Angeles-based law firm is opening its first European office and stealing a top partner from not one but, effectively, two major competitors in the process.
Add another issue to the list of troubles created by the subprime mortgage meltdown: unpaid condominium association fees. In Florida, half of the nearly 500 condo and homeowner associations that…
The Office of Federal Housing Enterprise Oversight is expected to announce a settlement today with three former officials of Fannie Mae for their roles in an accounting scandal.
Updated: A bill to increase student loan limits that is intended to make it easier for students and their parents to get funding for college and graduate school in…
In a case that may be something of a signpost pointing to further litigation related to the subprime mortgage crisis, a bankruptcy trustee has filed suit against major investment banks…
After a two-year decrease in filings, federal securities class actions were up in 2007 thanks in large part to subprime-related lawsuits and those against foreign securities issuers.
A new federal law that requires merchants to remove from cash register receipts private information such as more than five digits of a credit card number apparently may have caught…
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