Updated: It isn’t every dishonest lawyer who manages to steal $24 million. But Anthony Bellettieri, a former real estate practitioner in wealthy Westchester County, N.Y., pleaded guilty earlier this year…
Although there has been an explosion of mortgage foreclosures throughout the country during the past year, one 43-story building in Miami’s international banking district is at what could be considered…
The last few months have not been good ones for the global banking industry, as rapidly rising mortgage defaults sparked a credit crisis. But the situation may get even worse…
A few weeks into what was expected to be a lengthy trial before an administrative law judge, a former chairman and chief executive of Freddie Mac has agreed to settle…
In violation of federal lending regulations, a major real estate appraisal company and two of the nation’s biggest savings and loans participated in a scheme to inflate the value of…
Facing a surge of possible foreclosures and potential federal legislation to strengthen lending standards, the nation’s largest home-mortgage lender will allow 82,000 or so customers holding some $16 billion worth…
After months of concern over the state of the nation’s mortgage market, a leading Democrat has introduced legislation in the House of Representatives that would create a consumer bill of…
A malpractice suit has been filed against Pillsbury Winthrop Shaw Pittman and two of the law firm’s partners by a former client over its handling of a Washington, D.C., zoning…
In the latest of a series of aggressive efforts by the state of Massachusetts to deal with the local effects of a national crisis in mortgage lending, the governor announced…
A Georgia lawyer who has pleaded guilty for taking part in a mortgage fraud ring will testify in a trial of one of the alleged members that got under way…
Mortgage foreclosures nationwide last month were down a bit from August’s blistering pace, but were still nearly double the number in September 2006. And, although a so-called subprime mortgage meltdown…
The ABA Journal wants to host and facilitate conversations among lawyers about their profession. We are now accepting thoughtful, non-promotional articles and commentary by unpaid contributors.