The U.S. Securities and ExchangeCommission, long known for settling enforcement actions withouthaving to prove its case in court, is struggling to cope with aa surge in the number of executives and companies ...
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SEC Trials Increase 50 Percent as Execs Fight Lawsuits
Posted by mortgage 5 hours ago (Editorial)
The Dewey chronicles: The rise and fall of a legal titan
Posted by mortgage 11 days ago (Editorial)
NEW YORK (Reuters) - It was a tale of doom foretold in a pie chart. On January 27, Dewey & LeBoeuf's partners were summoned to a meeting on the 22nd floor of the law firm's New York City headquarters to discuss the firm's finances. While most of them knew Dewey LeBoeuf faced challenging times, few were prepared for what they were soon to hear from their chairman, Steven Davis. ...
The Mortgage Law Group Knows Knowledge Can Be the Difference Between Keeping and Losing Your Home
Posted by mortgage 12 days ago (Editorial)
CHICAGO, IL-- - In 2011 alone, about $3 billion in losses were recorded. For homeowners, the housing market is only getting tougher and for the thousands of homeowners who are already underwater, scammers ...
Japan Will Follow Europe With a Debt Crisis: Kyle Bass
Posted by mortgage 12 days ago (Editorial)
Japan is about to join Europe in the debt crisis ranks, with the two regions offering the best opportunities for investors to bet against, hedge fund manager Kyle Bass said.
The Myth of Expert Advice - Part 4
Posted by mortgage 20 days ago (Editorial)
"Experts" (people who make it their job to understand and forecast markets or events) are usually no better at their jobs than dart-throwing monkeys. In this series of articles, we examine why ...
The reporter who saw it coming
Posted by mortgage 20 days ago (Editorial)
Mike Hudson began reporting on the subprime mortgage business in the early 1990s when it was still a marginal, if ethically challenged, business.
MGIC Settles Historic Mortgage Insurance Case Involving Maternity Leave
Posted by mortgage 22 days ago (Editorial)
Carly Neals applied in May 2010 with PNC Mortgage (?PNC?) to refinance the mortgage loan on the home she owns jointly with her husband in Wexford, PA. Neals is the mother of three children, the youngest was born on June 21, 2010, and PNC determined, based on Fannie Mae?s underwriting guidelines, that her request to borrow 90% of the value of her home required private mortgage insurance.
The High Costs of a Low-Rate Mortgage
Posted by mortgage 26 days ago (Editorial)
Mortgage rates are low . . . very low! In fact, 30-year fixed mortgage rates have been below or near 4 percent for several months. Often, it makes great financial sense to refinance your home at the lower ...
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