1279 ABA Journal Banking Law articles.
No lawyers apparently were among the 11 borrowers, sellers and real estate industry professionals arrested today in three separate alleged mortgage fraud schemes in South Florida. But attorneys are likely…
Oct 5, 2007 6:42 PM CDT
Democratic members of Congress called today for President George W. Bush to appoint a “mortgage czar,” among other measures suggested to deal with record-setting numbers of home mortgage foreclosures resulting…
Oct 3, 2007 9:07 PM CDT
Someone at the bank noticed when two fraudulent checks for a total of more than $400,000 were drawn against New York Mayor Michael Bloomberg’s personal account. But an earlier fraudulent…
Oct 2, 2007 11:06 PM CDT
After fighting together to win a settlement in a class action over mortgage lender closing costs, a group of Illinois plaintiffs lawyers squared off for a new battle—fighting with each…
Sep 27, 2007 9:23 PM CDT
After the 9/11 terrorist attacks, Morgan Stanley said it couldn’t produce a number of e-mails in arbitration cases because they had been destroyed along with the company’s New York City…
Sep 27, 2007 5:16 PM CDT
Cadwalader, Wickersham & Taft is facing a $70 million malpractice suit for helping a client package mortgages for sale to investors.
The suit is not tied to the current mortgage…
Sep 26, 2007 10:49 AM CDT
The state of Ohio has filed a lawsuit against Citibank contending that a free sandwich offer was deceptive.
Because this and at least one other offer promising free food to…
Sep 24, 2007 5:56 PM CDT
In an ongoing effort to amp up its financial restructuring practice in the U.S. and abroad, Cadwalader, Wickersham & Taft has hired another six attorneys this week and plans to…
Sep 20, 2007 11:37 PM CDT
In more bad news about the state of the nation’s housing market that can be expected to strengthen calls for regulatory reform and legislation, the latest data shows that mortgage…
Sep 18, 2007 6:03 PM CDT
As if struggling homeowners didn’t already have enough to worry about, insolvent lenders could saddle some with unexpected bills.
In a bankruptcy court battle in Delaware between American Home Mortgage…
Sep 12, 2007 10:12 PM CDT
Fearful lenders are behind a slowdown in the San Francisco real estate market that has extended to high-end commercial transactions and affected the lawyers who handle them.
Besides seeing an…
Sep 12, 2007 10:54 AM CDT
More than a dozen mortgage lenders are facing lawsuits over the subprime mortgage meltdown, and more suits are likely.
The Washington Post reports there is no shortage…
Sep 11, 2007 5:23 PM CDT
As federal and state legislators ponder possible legislation to deal with a spate of mortgage foreclosures attributed to an explosion of risky subprime lending in recent years, some say a…
Sep 4, 2007 7:02 PM CDT
A nonprofit organization with a humanitarian mission is now competing with private companies to offer what has to be one of the most usurious forms of lending around: payday loans.…
Aug 28, 2007 9:01 PM CDT
Borrowers with bank accounts obviously are better mortgage risks than those with no assets. Yet, until last year, the nation’s biggest lender reportedly set up its computers to exclude applicants’…
Aug 27, 2007 6:26 PM CDT
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