Archive
NY Assembly Approves Hydraulic Fracturing Moratorium
The New York state legislature gave its final approval to a bill that would, if signed by the governor, place a hold on new fracking until May 2011.
Banks Seeking to Foreclose Face More Questions About Legal Standing
Several recent cases show that banks are facing more questions not only about their foreclosure documents--but about whether they can prove their legal standing to enforce a foreclosure.
Oil Spill Commission's Missing Document Adds Insight to Gulf Investigation
A new document uncovered last week might help to clear up some confusion over comments made earlier this month by the Oil Spill Commission's chief counsel.
With Federal Benefits Set to Expire, Unemployed Workers Face Shrinking Safety Net
With unemployment at 9.6 percent and state unemployment funds in shambles, federal programs to extend the safety net for unemployed workers are set to expire unless lawmakers intervene.
Ex-Admissions Officer at For-Profit College Testifies About School’s Tactics
In a recent court filing, a former admissions officer at a for-profit college in Utah testified that the school instructed recruiters to make prospective students “feel hopeless” and gave financial incentives for enrolling a certain number of students, according to the Deseret News.
Trading for the Client? Or Winning on Its Own?
The regulatory overhaul of the financial system that passed last summer scored a big victory: It barred investment banks’ wagering with their own capital. Many expect Wall Street will find a way around these rules.
Primer: What Is a Wrongful Foreclosure?
Banks and foreclosure defense attorneys disagree on whether errors in the process have caused wrongful foreclosures—but their definitions of what constitutes a “wrongful foreclosure” differ.
Massachusetts Posts Pharma Payments to Health Providers
This week, Massachusetts became the first state to post an online database of payments from drug and medical device companies to the state’s health care providers.
One 'Nightmare' Mortgage: Problems From Origination Through Foreclosure
A look at one case that shows common indicators of fraud and the challenges of fighting it.
Banks Modifying Tiny Percentage of Mortgages in Need
Mortgage modifications, both proprietary and HAMP, are just as rare as they were before the government’s mortgage modification program launched 19 months ago.
