Two law firms in New Jersey and the mortgage lenders who retained them are defending possible class actions over unauthorized fees that they allegedly imposed on homeowners facing foreclosure.
Ballard Spahr Andrews & Ingersoll is opening an office in Los Angeles with the expectation that it will help the 500-lawyer Philadelphia-based law firm strengthen its flagship real estate and…
Updated: Several federal agencies will make major changes in housing-related rules, offering significant help to homeowners struggling with subprime mortgages, President Bush has promised. News reports say his announcement…
A California man with no prior record has been sentenced to six months in jail. His crime? Building a fence at his home on what the city of Torrance apparently…
Although the legal market is still strong and many major firms reportedly are competing hard for desired associates, some see a potential storm cloud on the horizon.
Borrowers with bank accounts obviously are better mortgage risks than those with no assets. Yet, until last year, the nation’s biggest lender reportedly set up its computers to exclude applicants’…
Stealing $50,000 doesn’t put the perpetrator on the FBI’s Most-Wanted list. But an alleged embezzlement of that amount by a condominium board president is big news in South Florida.
A new law designed to fight abusive home loans signed by the governor of North Carolina last week is one of a handful of new state measures designed to curb…
A federal judge is permitting a lawsuit to go forward that claims lawyers, lenders and real estate professionals duped inexperienced home buyers into overpaying for substandard homes in New York.
HomeBanc Mortgage Corp. bounced as much as $28 million in checks before filing for bankruptcy, causing headaches for Atlanta-area lawyers who went through with closings assuming the money would be…
Illinois is addressing rising foreclosure rates with a new law requiring some buyers to get counseling about predatory loan terms. But good intentions didn’t stop lawsuits challenging an earlier, pilot…