Proposed White House budget outlines legal priorities
The proposed fiscal 2013 budget released by the White House outlines a number of the administration’s priorities related to lawyers, from an increase in enforcement of federal employment and labor laws...
View ArticleProperty – mortgages — priority — equitable subrogation
2011AP919 Citizens State Bank v. Pirius, et al. The post Property – mortgages — priority — equitable subrogation first appeared on Wisconsin Law Journal - WI Legal News & Resources.
View ArticleProperty – mortgages — accord and satisfaction
2012AP487 Molitor v. Advantage Community Bank The post Property – mortgages — accord and satisfaction first appeared on Wisconsin Law Journal - WI Legal News & Resources.
View ArticleUS agency sues JPMorgan over WaMu mortgage bonds
Federal regulators have sued JPMorgan Chase & Co. over the sale of mortgage securities that contributed to the collapse of three credit unions. The post US agency sues JPMorgan over WaMu mortgage...
View ArticleState reaches $1.5 million ‘robo signing’ settlement
One of the biggest U.S. mortgage processing companies has agreed to pay $121 million, including $1,505,315 to Wisconsin, to resolve states' claims that it wrongfully foreclosed on homeowners who should...
View ArticleUS sues S&P over pre-crisis mortgage ratings
The U.S. government says Standard & Poor's knowingly inflated its ratings on risky mortgage investments that helped trigger the 2008 financial crisis. The post US sues S&P over pre-crisis...
View ArticleCourt rules for government in mortgage fraud case
The U.S. Supreme Court has clarified how restitution must be computed in mortgage fraud cases. The post Court rules for government in mortgage fraud case first appeared on Wisconsin Law Journal - WI...
View ArticleUS high court to take housing bias case
For the third time in recent years, the U.S. Supreme Court will consider taking away a powerful legal tactic the Obama administration and others have used to combat housing discrimination. The post US...
View ArticleUS high court to consider when second mortgage can be void
The U.S. Supreme Court will decide whether homeowners who declare bankruptcy can void a second mortgage if the home's market value has dropped below the amount they owe on their first mortgage. The...
View ArticleUS Supreme Court clarifies rules for rescinding mortgages
A unanimous U.S. Supreme Court ruled Tuesday that home buyers don't need to file a lawsuit, but may simply write a letter if they want to back out of a mortgage because they claim their lender violated...
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