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 12 hours ago (Editorial)
Foreclosure lawsuits stunt PNC profits
Posted by mortgage 29 days ago (Editorial)
Costs from home mortgage foreclosure lawsuits continued to affect profit at PNC Financial Services Group, which reported lower results because of those expenses as well as costs from integrating Royal Bank of Canada's U.S. franchise.
JP Morgan, Goldman Sachs May Face SEC Lawsuits Over Subprime Mortages
Posted by mortgage 83 days ago (Editorial)
The Securities and Exchange Commission is considering civil action against JP Morgan Chase and Goldman Sachs for their role in several subprime mortgage deals.
FDIC Lawsuits Yielded Big Penalties, But Bankers Haven't Paid Up
Posted by mortgage 89 days ago (Editorial)
By Philip Shishkin WASHINGTON, Feb 23 - Like many banks engulfed by the mortgage crisis, First National Bank of Nevada specialized in risky home loans that didn't require borrowers to prove their incomes.
Banks Blame Countrywide for U.K. Mortgage Losses in 97 Lawsuits
Posted by mortgage 128 days ago (Editorial)
Suninder Sandha bought his luxury apartment in Coleorton Hall, a 19th century country mansion near Leicester in central England, using a 1.2 million-pound loan ($1.86 million) from Barclays Plc in 2005.
SEC details lawsuits against ex-Fannie Mae, Freddie Mac executives
Posted by mortgage 158 days ago (Editorial)
Fannie Mae and Freddie Mac: The Securities and Exchange Commission detailed their suits against six former executives at Fannie Mae and Freddie Mac.
Wells Fargo Sub-prime Lending Practices Questioned by Recent Lawsuits and Investigations
Posted by mortgage 203 days ago (Editorial)
UFAN: Wells Fargo under scrutiny for allegedly pushing high cost sub-prime loans wrongfully foreclosing on its borrowers.Roseville, California (PRWEB) November 01, 2011 A string of publicity in 2011 has highlighted Wells Fargo?s alleged harmful lending practices. The bank is currently the subject of investigations into those allegations as well as private lawsuits.Wells Fargo came under fire ...
Lawsuits Against Web Trolls Are On The Rise
Posted by mortgage 232 days ago (Editorial)
More people are getting court orders against anonymous online attackers, one lawyer claims.
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