Legal
Stay in-the-know on legal news for the mortgage, housing and finance industries.
Latest Posts
Mortgage Bond Investors’ Suit Against Countrywide Goes to State Court
Aug 21, 2009A US district judge this week decided not to take action on a lawsuit filed against Countrywide Financial by investors in mortgage-backed securities. The suit claims Countrywide’s decision to modify mortgage loans up to $8.4bn violates contracts held by investors in the securitizations where some of those loans live. The investors involved in the suit are asking that Countrywide purchase any loan it intends to modify out of the respective securitization and absorb the losses taken on modifications.
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How Much Does Your Community Organizer Make?
Aug 20, 2009 -
EastGroup REIT Buys Three Dallas Buildings for $6.6m
Aug 20, 2009 -
Wolters Kluwer Launches RESPA Tool Box
Aug 18, 2009 -
Despite HUD’s RESPA Paper, Questions Remain
Aug 14, 2009 -
PMI Redesigns Borrower Outreach Web Site
Aug 14, 2009 -
Former Employees Sue TBW Over Wrongful Termination
Aug 13, 2009 -
LPS Acquires Verification Bureau
Aug 12, 2009 -
In This Corner: Fay Financial’s CEO Edward Fay
Aug 12, 2009 -
Regulators Push Modifications Despite Second Lien Ownership
Aug 06, 2009 -
British Housing Stabilizing, Slowly and Surely
Aug 06, 2009
