All Posts Tagged With: "suit"
Firms Accused of Fleecing VA Mortgage Borrowers
Thirteen lenders — including Wells Fargo, JP Morgan Chase and Bank of America — allegedly collected illegal fees worth millions of dollars from VA borrowers. In hundreds of thousands of VA refinancing transactions, the lenders allegedly charged an additional $300 to $1,000 per loan, according to claims made in a lawsuit by two whistleblowers. In [...]
6Oct2011 | Chris Birk | 0 comments | Continued
Why Not Transparency For The Federal Reserve?
It was in July 2008 that IndyMac Bank, F.S.B., was taken over by the Federal Deposit Insurance Corporation (FDIC), the second-largest bank failure in U.S. history according to the Los Angeles Times. The goal of the FDIC was to find a buyer for the bank with as little cost as possible to the FDIC insurance [...]
16Feb2010 | Peter G. Miller | 1 comment | Continued
California Seeks $2 Million From Mortgage Modification Providers
Foreclosure is a terrible thing, the cancer of financial events. Little wonder that many people desperate to hold onto their homes seek whatever help might be available. We know that loan workouts — whether modifications or payment plans — can mean months of delay and hopefully time to get homeowner finances straight. Unfortunately, we also [...]
7Jul2009 | Peter G. Miller | 0 comments | Continued
How Can We Resolve Condo Disputes Short of War?
Question: I’m on the board of our community association and wonder how disputes between residents can be quickly resolved without litigation or bad blood. Answer: There ought to be a better way to resolve disputes short of lengthy and costly lawsuits and there is: Many contracts require that disputes must be resolved by binding arbitration. [...]
3Sep2008 | Peter G. Miller | 0 comments | Continued
Can I buy a house with an award from a lawsuit?
Sure — if the money is there. But, until the matter is finally resolved, appeals run out, and a check is cashed, how does anyone know there will be money available for a realty purchase? What if someone contracts to buy a home today with $20,000 in cash due at closing in 60 days — [...]
26Aug2008 | Peter G. Miller | 0 comments | Continued
© Copyright 