Federal white-collar prosecutions continue a long-term decline
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
After two years, 300+ docket entries, and 12 motions, a lawsuit among members of a Delaware LLC that owned a 5-story apartment building on Manhattan's Upper East Side acquired to provide short-term rentals for international leisure and corporate travelers, and whose business was decimated by anti-Airbnb legislation, is barely past the pleadings stage and likely […]
Fitch Ratings has revised the outlook on Bank of Cyprus' long-term issuer default rating to positive from stable after its deal to offload mortgage-related toxic loans. Fitch has also affirmed the bank's long-term IDR at B- and viability rating at b-, following BoC's agreement of securitising a portfolio of 2.8 billion of gross loans, including […]
ABA Journal Daily News
Home mortgages that are in some stage of delinquency dropped from 5.2 percent a year ago to 5 percent in September, according to a new report from CoreLogic, an information intelligence company that serves the real estate and mortgage finance sectors. The new data show a drop in delinquencies despite a spike in delinquencies of […]
ABA Journal Daily News
The foreclosure rate in the San Antonio-New Braunfels area dropped in July for the 49th month in a row, remaining well below the nation's rate but above that of Texas. The rate, which measures the percentage of loans that are in the foreclosure process, fell to 0.55% from 0.64% during July of last year, according […]
ABA Journal Daily News