April 5, 2012, 5:55 PM http://blogs.wsj.com/developments/2012/04/05/fed-blesses-banks-foreclosure-rental-approach/ Fed Blesses Banks’ Foreclosure-Rental Approach By Alan Zibel Reuters Federal Reserve Chairman Ben Bernanke The Federal Reserve set out new polices for banks that decide to rent out foreclosed homes, endorsing a strategy for managing the huge number of distressed properties that have piled up during the housing bust.Continue reading “Fed Blesses Banks’ Foreclosure-Rental Approach – Developments – WSJ”
Category Archives: United States
L. Randall Wray: The $7 Trillion Question That Haunts Banks
L. Randall Wray Professor of Economics and Research Director of the Center for Full Employment and Price Stability, University of Missouri–Kansas City The $7 Trillion Question That Haunts Banks Posted: 03/16/2012 4:09 pm I’ve been writing about the MERS monster since 2010. Here is one of my early pieces. I suppose it isContinue reading “L. Randall Wray: The $7 Trillion Question That Haunts Banks”
Honor system for foreclosure paperwork has led to illegal Colorado seizures, lawyer surmises – The Denver Post
http://www.denverpost.com/business/ci_20160083/honor-system-foreclosure-paperwork-has-led-illegal-colorado Posted: 03/13/2012 01:00:00 AM MDT March 13, 2012 3:50 PM GMT Updated: 03/13/2012 09:50:25 AM MDT By David MigoyaThe Denver Postdenverpost.com (Associated Press file photo) Thousands of Colorado homes were taken in foreclosure in recent years by banks that probably never had the right to do so because no one bothered to challenge theContinue reading “Honor system for foreclosure paperwork has led to illegal Colorado seizures, lawyer surmises – The Denver Post”
Eleventh Circuit Overturns District Court on FDCPA Dismissal, Rubin Lublin is a Debt Collector and Violated FDCPA!!!
http://law.justia.com/cases/federal/appellate-courts/ca11/10-14618/10-14618-2012-03-15.html Justia.com Opinion Summary: Plaintiff appealed the district court’s dismissal of his civil action under the Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. 1692. The district court concluded that plaintiff’s claim was covered by the FDCPA but that he did not allege acts that violated the FDCPA. Accepting plaintiff’s allegations as true and construingContinue reading “Eleventh Circuit Overturns District Court on FDCPA Dismissal, Rubin Lublin is a Debt Collector and Violated FDCPA!!!”
Guilford County, North Carolina Register of Deeds Want The Mess Cleaned Up!
http://newsandinsight.thomsonreuters.com/uploadedFiles/Reuters_Content/2012/03_-_March/guilfordvmers.pdf STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICESUPERIOR COURT DIVISION NATURE AND SUMMARY OF THIS ACTION1. This lawsuit seeks to have Defendants clean up the mess they created inGuilford County’s public property records and to hold Defendants accountable for their unfair and deceptive trade practices. COUNTY OF GUILFORD GUILFORD COUNTY, ex rel.Continue reading “Guilford County, North Carolina Register of Deeds Want The Mess Cleaned Up!”
Welfare Drug Testing Bill Withdrawn After Amended To Include Testing Lawmakers
Arthur Delaneyarthur@huffingtonpost.com Huffington Post Rep. Jud McMillin, R-Brookville, speaks on a motion to fine absent Democrats at the Statehouse in Indianapolis, Thursday, Jan. 19, 2012. A Republican member of the Indiana General Assembly withdrew his bill to create a pilot program for drug testing welfare applicants Friday after one of his Democratic colleagues amendedContinue reading “Welfare Drug Testing Bill Withdrawn After Amended To Include Testing Lawmakers”
FBI Chief Describes GPS Problems Created By Supreme Court Ruling
INVESTIGATORS CONNECT Group News | LinkedIn Written by Pursuit Wire|03/12/2012|0 Comments Filed in: Law Enforcement, Legislation, Technology You remember that one court ruling that forced the FBI to shut down every GPS receiver they currently were using to track their suspects? well, one of the problems was that the FBI was unable to find theContinue reading “FBI Chief Describes GPS Problems Created By Supreme Court Ruling”
California asks for Fannie Mae, Freddie Mac foreclosure hiatus | Share on LinkedIn
http://www.linkedin.com/share?viewLink=&sid=s926132639&url=http%3A%2F%2Fwww%2Elatimes%2Ecom%2Fbusiness%2Fmoney%2Fla-fi-mo-fannie-freddie-foreclosure-20120227%2C0%2C2545582%2Estory&urlhash=DO4W&pk=nprofile-view-success&pp=1&poster=16264752&uid=5580443759323123713&trk=NUS_UNIU_SHARE-title California Atty. Gen. Kamala D. Harris during a visit last year to the East L.A. Community Corp. in Boyle Hights on a tour highlighting her work cracking down on unfair mortgage practices. (Bob Chamberlin / Los Angeles Times) By Alejandro Lazo February 27, 2012, 2:55 p.m. California’s attorney general has asked for a suspensionContinue reading “California asks for Fannie Mae, Freddie Mac foreclosure hiatus | Share on LinkedIn”
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DocX Faces Foreclosure Fraud Charges in Missouri – NYTimes.com
Company Faces Forgery Charges in Mo. Foreclosures By GRETCHEN MORGENSON Published: February 6, 2012 One of the largest companies that provided home foreclosure services to lenders across the nation, DocX, has been indicted on forgery charges by a Missouri grand jury — one of the few criminal actions to follow reports of widespread improprietiesContinue reading “DocX Faces Foreclosure Fraud Charges in Missouri – NYTimes.com”
Lender Processing Unit Indicted in Missouri for Forging Mortgage Documents- Bloomberg
http://mobile.bloomberg.com/news/2012-02-07/lender-processing-unit-indicted-in-missouri-for-forging-mortgage-documents Lender Processing Unit Indicted in Missouri for Forging Mortgage Documents By Phil Milford February 07, 2012 8:24 AM EST Docx LLC, a unit of Lender Processing Services Inc., was charged in Missouri with forgery and making a false declaration related to mortgage documents it processed. A Boone County grand jury handed down the 136-countContinue reading “Lender Processing Unit Indicted in Missouri for Forging Mortgage Documents- Bloomberg”
For America’s hard-hit homeowners, little relief from settlement | Reuters
http://www.reuters.com/article/2012/02/10/us-mortgage-settlement-homeowners-idUSTRE81907T20120210 For America’s hard-hit homeowners, little relief from settlement Houses under construction are seen in Phoenix, Arizona, August 23, 2011. Credit: Reuters/Joshua Lott By Jilian Mincer NEW YORK | Fri Feb 10, 2012 12:15am EST NEW YORK (Reuters) – Crystal Morello’s family pleaded for months with their lender for a cheaper mortgage on their familyContinue reading “For America’s hard-hit homeowners, little relief from settlement | Reuters”
Special report: Legal woes mount for a foreclosure kingpin | Reuters
Lest We Not Forget… Special report: Legal woes mount for a foreclosure kingpin Fall leaves blow past an empty home (C) seen in a well kept neighborhood where the house is listed on the auction block during the Wayne County tax foreclosures auction of almost 9,000 properties in Detroit, Michigan, October 22, 2009. Credit: Reuters/RebeccaContinue reading “Special report: Legal woes mount for a foreclosure kingpin | Reuters”
FBI warns of threat from anti-government extremists | Reuters
http://www.reuters.com/article/2012/02/07/us-usa-fbi-extremists-idUSTRE81600V20120207 FBI warns of threat from anti-government extremists By Patrick Temple-West WASHINGTON | Mon Feb 6, 2012 7:21pm EST WASHINGTON (Reuters) – Anti-government extremists opposed to taxes and regulations pose a growing threat to local law enforcement officers in the United States, the FBI warned on Monday. These extremists, sometimes known as “sovereign citizens,” believeContinue reading “FBI warns of threat from anti-government extremists | Reuters”
Mortgage Tornado Warning, Unheeded – NYTimes.com
http://www.nytimes.com/2012/02/05/business/mortgage-tornado-warning-unheeded.html?_r=2&ref=business A Mortgage Tornado Warning, Unheeded Gary Bogdon for The New York Times After his own experience dealing with a mortgage mess, Nye Lavalle set out to learn all he could about the mortgage industry, traveling nationwide to dig into records. In 2003, he compiled a dossier of practices at Fannie Mae. In hindsight, theContinue reading “Mortgage Tornado Warning, Unheeded – NYTimes.com”
New York sues banks over foreclosures – Feb. 3, 2012
http://money.cnn.com/2012/02/03/news/economy/banks_sued/index.htm?source=cnn_bin New York sues banks over foreclosures By Jennifer Liberto@CNNMoneyFebruary 3, 2012: 3:15 PM ET New York Attorney General Eric Schneiderman has sued the big banks over their use of a private electronic mortgage registry. WASHINGTON (CNNMoney) — The New York attorney general sued some of the nation’s biggest banks on Friday, accusing them ofContinue reading “New York sues banks over foreclosures – Feb. 3, 2012”
Foreclosure Fallout: Robo-Signing deal falls flat
Oppenheim Law, http://www.linkedin.com/news?viewArticle=&articleID=5567684076652986380&gid=1467337&type=member&item=91028246&articleURL=http%3A%2F%2Fsouthfloridalawblog%2Ecom%2F2012%2F01%2F24%2Fforeclosure-fallout-robo-signing-deal-falls-flat%2F&urlhash=qxrl&goback=%2Egde_1467337_member_91028246 This was shared by Tiffany Arthur in Foreclosure Prevention: Real Estate Agents, Investors, Bankruptcy Attorneys, Mortgage/Lending Agents @ LinkedIn Will Obama Target Housing Crisis During State Of The Union? Obama and the State of the Union — a Political Jekyll and Hyde? President Obama is likely to talk about this in tonight’sContinue reading “Foreclosure Fallout: Robo-Signing deal falls flat”
How To Blackout Your Site (For SOPA/PIPA) Without Hurting SEO
http://searchengineland.com/blackout-your-site-without-hurting-seo-108302 How To Blackout Your Site (For SOPA/PIPA) Without Hurting SEO Jan 16, 2012 at 2:39pm ET by Matt McGee inShare179 A number of websites are (or were) planning to “go black” this week while the U.S. Congress discusses issues related to the Stop Online Piracy Act (SOPA) and the Protect IP Act (PIPA). TheContinue reading “How To Blackout Your Site (For SOPA/PIPA) Without Hurting SEO”
Wikipedia Will Go Dark On January 18 To Protest SOPA And PIPA | TechCrunch
Wikipedia Will Go Dark On January 18 To Protest SOPA And PIPA ChrisVelazco posted 7 hours ago 35 Comments View Staff PageFollow me on twitter Chris Velazco is a mobile enthusiast and writer who studied English and Marketing at Rutgers University. Once upon a time, he was the news intern for MobileCrunch, and inContinue reading “Wikipedia Will Go Dark On January 18 To Protest SOPA And PIPA | TechCrunch”
The Soldier Accused of Leaking Military Cables to WikiLeaks Is in Court Right Now « Above the Law: A Legal Web Site – News, Commentary, and Opinions on Law Firms, Lawyers, Law School, Law Suits, Judges and Courts
19 Dec 2011 at 5:09 PM Posted in:Cyberlaw, Department of Justice, Laurence Tribe, Military / Military Law, Technology The Soldier Accused of Leaking Military Cables to WikiLeaks Is in Court Right Now By Christopher Danzig The former military intelligence analyst accused of leaking hundreds of thousands of documents to WikiLeaks has spent the last fourContinue reading “The Soldier Accused of Leaking Military Cables to WikiLeaks Is in Court Right Now « Above the Law: A Legal Web Site – News, Commentary, and Opinions on Law Firms, Lawyers, Law School, Law Suits, Judges and Courts”
Technology « Above the Law: A Legal Web Site – News, Commentary, and Opinions on Law Firms, Lawyers, Law School, Law Suits, Judges and Courts
Technology 05 Jan 2012 at 3:01 PM Posted in:Bad Ideas, Biglaw, Cyberlaw, Technology Stop Online Piracy Act Wants Biglaw Support; Biglaw Says, ‘Aw, Hell No’ By Christopher Danzig Unless you drowned yourself in a bathtub full of eggnog over the holidays, hopefully you are at least superficially aware of the Stop Online PiracyContinue reading “Technology « Above the Law: A Legal Web Site – News, Commentary, and Opinions on Law Firms, Lawyers, Law School, Law Suits, Judges and Courts”
Constitutional Scholar: White House Entirely Ignoring Article 1, Section 5 | CNSnews.com
http://cnsnews.com/news/article/constitutional-scholar-white-house-entirely-ignoring-article-1-section-5 Constitutional Scholar: White House Entirely Ignoring Article 1, Section 5 By Fred Lucas January 5, 2012 Subscribe to Fred Lucas’s posts President Barack Obama shakes hands with Richard Cordray before speaking about the economy, Wednesday, Jan. 4, 2012, at Shaker Heights High School in Shaker Heights, Ohio. In a defiant display of executive power,Continue reading “Constitutional Scholar: White House Entirely Ignoring Article 1, Section 5 | CNSnews.com”
Manifest Injustice 