All Posts Tagged With: "Supreme Court"
The Changing Politics of Foreclosure
Linda A. Watters has spent the past few years busily suing the Wachovia National Bank. Her beef? The bank’s mortgage subsidiary was once a lender regulated by the state of Michigan, a state where Watters was the commissioner of insurance and financial services. However, in 2003 Wachovia said its mortgage subsidiary would make loans under [...]
26Sep2008 | Peter G. Miller | 0 comments | Continued
No End To S&L Pay-Offs — YET
It used to be that the biggest source of mortgage money was as close as your local savings and loan association. S&Ls were nearby companies that collected deposits, never issued checks, and paid a somewhat higher interest rate on savings than local banks. If you needed a mortgage, S&Ls were the first place to look. [...]
4Sep2008 | Peter G. Miller | 0 comments | Continued
What Can Government Do About Foreclosures?
With flaws in the mortgage marketplace revealed almost daily it comes as no surprise that thoughts about fixing the system have begun to emerge. On Capitol Hill, both Sen. Chris Dodd (D-CT), chairman of the Senate Banking Committee and Rep. Barney Frank (D-MA), chairman of the House Financial Services Committee, have begun to drop hints [...]
26Aug2008 | Peter G. Miller | 0 comments | Continued
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