Deutsche Bank investors fret its legal reserves won’t be enough – Chicago Tribune

Irish Times Deutsche Bank investors fret its legal reserves won't be enoughChicago TribuneReaching a mortgage deal would clear a major hurdle for Deutsche Bank, which has paid more than $ 9 billion in fines and settlements since the start of 2008, according to data compiled by Bloomberg. … "Maybe selling some of the assets it […]

If Jersey City businessman won an election would he have these legal problems? | Political Insider – NJ.com

NJ.com If Jersey City businessman won an election would he have these legal problems? | Political InsiderNJ.comOn Monday it was announced that Alston, 44, his sister, Gail Alston, 50; his mother, Helen Alston, ex-girlfriend Maisha Taylor, 42, of Newark, and once again the proverbial ham sandwich had all been indicted on 27 counts involving a […]

Moody’s: Russian mortgage law changes are positive for future deals, but introduces additional legal considerations – Moodys.com (press release) (subscription)

Moody's: Russian mortgage law changes are positive for future deals, but introduces additional legal considerationsMoodys.com (press release) (subscription)Via the introduction of the limited recourse concept, the law also addresses some questions related to cross-collateralisation issues, which arise in cases when one single mortgage agent will be used to issue many series of RMBS notes. … […]

Mortgage Insecuritization: Pennsylvania Clerks Take on MERS – The Legal Intelligencer

Mortgage Insecuritization: Pennsylvania Clerks Take on MERSThe Legal IntelligencerIn today's mortgage environment, originating lenders rely on the secondary market to sell off existing loans and free up funding for new originations. When a loan is sold through the secondary market, both the note and the mortgage are transferred to … how to sell mortgage note […]

Behind ‘American Sniper,’ a Lot of Legal Sniping – Wall Street Journal

Wall Street Journal Behind 'American Sniper,' a Lot of Legal SnipingWall Street JournalAt one point, Craft's lawyers said they might sue Ms. Kyle for any money she gets from the “American Sniper” film, which hit theaters last week and is based on Mr. Kyle's 2012 best-selling autobiography. Mr. Kyle, who served four tours in Iraq, […]

Federal-State Split Forming Over MERS’s Authority – The Legal Intelligencer

The Legal Intelligencer Federal-State Split Forming Over MERS's AuthorityThe Legal Intelligencer"We now formally declare that the assignment or transfer of a promissory note secured by a mortgage on real estate is, in Pennsylvania, equivalent to a mortgage assignment," Joyner said in Montgomery County v. Merscorp. "We further declare that …and more » how to sell mortgage […]

Climate Adaptation: The Concrete Example of Floating Homes – The Legal Intelligencer

Climate Adaptation: The Concrete Example of Floating HomesThe Legal IntelligencerThe developer expects each unit to sell for about $ 12.5 million. Sea-level rise is one consequence of climate change. Perhaps … Note that because of changes to precipitation patterns, water levels in the Great Lakes are expected to fall, so the … how to sell […]

U.S. Bank Legal Bills Exceed $100 Billion – Bloomberg

U.S. Bank Legal Bills Exceed $ 100 BillionBloombergJPMorgan and Bank of America bore about 75 percent of the total costs, according to the figures compiled from company reports. JPMorgan devoted $ 21.3 billion to legal fees and litigation since the start of 2008, more than any other lender, and added $ 8 …and more » how […]