The Top 5 Things That You Should Not Do When Sued
The longer I practice law, the longer my list of “what not to do” becomes. Here’s my updated list of […]
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The Mortgage Forgiveness Debt Relief Act Has Expired — What It Means For You
In 2007, Congress enacted the Mortgage Forgiveness Debt Relief Act. It was designed to remove the negative tax consequences of
Ocwen Enters Into Multi-Billion Dollar Consent Order For Mortgage Servicing Misdeeds
Ocwen is the latest mortgage servicer to enter into a consent order with the CFPB and 49 of the 50
Los Angeles Sues Everyone
Well, not quite. The city of Los Angeles has filed lawsuits against Wells Fargo, Citigroup, and Bank of America for discriminatory
CFPB’s Mortgage Disclosure Rules Need Work
I normally applaud the CFPB for its aggressive regulation and its attempts to expand its regulatory reach. When the CFPB
Loan modification options for heirs inheriting mortgages
If a loved one has died and left his or her home to you, the gesture may seem overwhelming for
Debt Collection, Debt Buyers, and the Consumer Financial Protection Bureau
The CFPB has issued a request for comments regarding debt collection practices. This is the first step in the CFPB’s rule making
Amending The Fair Debt Collection Practices Act
On October 30, 2013, U.S. Representative Steve Cohen (D-TN) introduced H.R. 3402, the Fair Debt Collection Improvement Act. The bill was
Bank of America Liable For Mortgage Fraud
On October 23, 2013, Bank of America was found liable for civil fraud in a federal lawsuit filed in New York. The
JP Morgan Chase To Settle With U.S. Government — But Is The Settlement A Tax Break?
Over the last two weeks, we have seen the Too Big To Fail banks agree to some rather large settlements