This former attorney general now bills for BigLaw at nearly $2,300 per hour
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
Growing numbers of small subprime auto lenders are closing or shutting down after loan losses and slim margins spur banks and private equity owners to cut off funding. Summit Financial Corp., a Plantation, Florida-based subprime car finance company, filed for bankruptcy late last month after lenders including Bank of America Corp. said it had misreported […]
Craig R. McCoy is a member of the Inquirer investigative team. His reporting has examined police mistreatment of rape victims, corruption among Pennsylvania public officials, the high dismissal rate in the Philadelphia criminal courts, among other issues. Foreclosure News
ABA Journal Daily News
Reverse mortgages are a popular way for seniors to access needed funds. In a reverse mortgage, you are, in essence, incrementally selling your home back to a lender with the proceeds set up as a line of credit. Foreclosure News
Al Beahn was a 22-year-old college grad living in his parent's basement in the Detroit suburbs when he bought his first investment property in 2009. It cost him $ 27,000 and he flipped it three months later for a $ 16,000 profit. Foreclosure News
The U.S. homeownership rate is finally poised to rise significantly as household formations by owners grew faster in the first quarter than those by renters — the first time that's happened in more than a decade. While the share of Americans who owned their homes was up only slightly from a year earlier, at 63.6 percent, […]
ABA Journal Daily News
A bank run by Steven Mnuchin, President-Elect Donald Trump's pick to be Treasury secretary, may have engaged in “widespread misconduct” while foreclosing on homeowners, according to a leaked 2013 memo written by lawyers in the California attorney general's office. The memo urged top officials in then-Attorney General Kamala Harris's office to sue OneWest Bank over […]