The House of Representative's Committee on Financial Services held a hearing today on "Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing." Among the witnesses were: Mr. Adam Levitin, Associate Professor of ... Read full article
A recent case provides some insight into the world of insurance obtained by subprime mortgage companies to back their mortgage backed securities. The insurance was purchased by the mortgage companies to enhance the credit worthiness of the mortgage-backed ... Read full article
April 27, 2010, hearings before the Senate Permanent Subcommittee on Investigations, "Wall Street and the Financial Crisis: The Role of Investment Bank" ... Read full article
On November 16, 2010, the Congressional Oversight Panel issued its 127 page November Oversight Report - Examining the Consequences of Mortgage Irregularities for Financial Stability and Foreclosure Mitigation Jordan E. ... Read full article
The Senate Banking Committee has announced that it will hold a hearing on Tuesday November, 16 "to investigate allegations of improper and fraudulent mortgage servicing and foreclosure processing." The witnesses scheduled to testify are ... Read full article
The Senate Committee on Banking, Housing, and Urban Affairs will be holding a hearing on "Problems in Mortgage Servicing from Modification to Foreclosure, Part II" today. The witnesses include representatives from ... Read full article
The U.S. Supreme Court issued its 8-1 decision in Ransom today. Justice Kagan wrote for the majority and Justice Scalia wrote a dissenting opinion. It is reported that this is Justice Kagan's first opinion. ... Read full article
H.R. 4173 ... Read full article
Various "Robo-Signer" class action suits have been filed across the country. The case of Geoffrey Huber, et al. vs. ... Read full article
The House Committee on the Judiciary has set a hearing for Wednesday, November 17, 2010 on "Foreclosure Justice: Causes and Effects of the Foreclosure Crisis." The list of witnesses is not yet available. Jordan E. ... Read full article
Testimony Before the Senate Committee on Finance on July 21, 2010 Neil Barofsky - Special Inspector General of TARP Elizabeth Warren - Chair of the Congressional Oversight Panel Richard Hillman - Managing Director of Financial Markets and Community ... Read full article
