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USA - May 10 2012
Mortgage-backed securities investors have recently turned their litigation sights on trustees, and this does not bode well for the mortgage industry.
USA - March 1 2012
The U.S. Supreme Court heard oral argument on February 21, 2012, in Freeman v. Quicken Loans, Inc. to determine whether the unearned fee prohibition in Section 8(b) of the Real Estate Settlement Procedures Act (RESPA) applies only when such fees are split between two or more parties.
USA - February 16 2012
The U.S. Supreme Court is set to hear oral arguments on February 21, 2012, in Freeman v. Quicken Loans, Inc. to determine whether the unearned fee prohibition in Section 8(b) of the Real Estate Settlement Procedures Act applies only when such fees are split between two or more parties.
USA - January 13 2011
A recent opinion by the Massachusetts Supreme Judicial Court, although seemly very fact-driven, raises great uncertainty as to other foreclosures in that Commonwealth and, perhaps, elsewhere in the country.
