Millions missing from lawyer’s trust account, bar alleges after he abruptly closes law firm
ABA Journal Daily News
ABA Journal Daily News
Brenda Ashcraft, 46, will serve more than 8 years in prison for the fraudulent investment scheme. She has also been ordered to pay restitution to 34 victims. Foreclosure News
Affiliated businesses owned by one of Colorado's top foreclosure law firms can be held liable for millions of dollars in inflated costs the state alleges were siphoned in thousands of foreclosure filings during the height of the housing collapse, the state Supreme Court held. In a 29-page ruling released Tuesday, the court determined that a […]
New U.S. Department of Labor overtime pay rules provided Wednesday are expected to add millions of workers to the ranks of those who must… ABA Journal Daily News
A Chicago judge has refused to toss a lawsuit alleging that Chicago failed to follow its own requirements when notifying drivers of red-light camera violations. … ABA Journal Daily News
A foreclosed home in Los Angeles in February 2013. Keep Your Home California, which aims to prevent home foreclosures, will receive up to $ 463 million in additional federal money to aid troubled borrowers. Foreclosure News
The Treasury Department announced Friday that Ohio will get another $ 96.6 million to bulldoze decrepit houses and fight housing blight. The state can apply for even more – up to $ 250 million – from Treasury. Foreclosure News
If you’re one of the millions of Americans who bought a house in recent years, it’s possible you’ve never had home equity before. Having negative equity or being “underwater” – owing more on your mortgage than your house is worth – has been common since the housing crash of 2008. Foreclosure News
North Carolina’s attorney general says about 1,400 mortgage borrowers will receive payments of nearly $ 2 million from SunTrust, which wrongly foreclosed on them. Attorney General Roy Cooper said in a news release Friday that eligible North Carolina consumers who had mortgages serviced by SunTrust, lost their homes to foreclosure between January 1, 2008, and […]