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  • MERS CoV: Deadly SARS-Like Virus Spreads To France And Saudi Arabia


    Authority Authority:
    Deadly SARS-Like Virus Spreads To France And Saudi Arabia Looks like Mortgage Electronic Registration Systems (MERS) may have some competition… The H7N9 bird flu virus in China isn’t the only scary new virus on the docket this spring. A second new virus, similar to SARS and named Middle East Respiratory Syndrome ...
    1 week ago
  • Steady Stream of Lawyers Pour Out of Woodwork to Offer Help in Challenge of Colorado Foreclosure Law


    Authority Authority:
    Lawyers offer help in challenge of Colorado foreclosure law More than a dozen lawyers have surfaced with offers to help an Aurora woman in her constitutional challenge of Colorado’s foreclosure laws, a case she has battled on her own for about two years. After a federal judge’s temporary injunction Monday that ...
    1 week ago
  • Bank shares help shore up liquidity


    Authority Authority:
    Phuong Thao Around 47.3 million shares of STB, or 4.7% of the bank’s outstanding shares, were traded in put-through transactions while there were nearly 6.6 million shares of EIB traded in blocks. With put-through deals on Wednesday taken into account, over 25 million EIB shares had changed hands in blocks. ...
    1 week ago
  • Kenny Akinfolarin Akindemowo Named in FINRA Complaint for Allegedly Selling Away Securities, Misrepresenting Facts, and Misappropriating Funds


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    Kenny Akinfolarin Akindemowo, of Wayzata, Minnesota, was named a respondent in a Financial Industry Regulatory Authority (FINRA) complaint alleging that he induced individuals to invest $15,000 in private securities transactions. FINRAs complaint alleges that instead of using the money as promised, Mr. Akindemowo ...
    1 week ago
  • PB Post Editorial on Foreclosure Bill HB 87 / SB 1666: With Friends Like Ms. Bondi in Tallahassee, Banks Hardly Need Another Gift


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    Editorial: Scott should veto the Legislature’s foreclosure bill The Legislature finally has passed a bill to ease Florida’s foreclosure crisis. The problem is, it’s a bad bill that Gov. Scott should veto. Rep. Kathleen Passidomo, R-Naples, sponsor of House Bill 87, believes that giving banks the right to seek a ...
    1 week ago
  • Abigail Field: NYAG’s Standing to Sue BofA


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    NYAG’s Standing to Sue BofA NY AG Eric Schneiderman’s suit to bring meaning to the servicing standards of the National Mortgage Enforcement Fraud rises and falls on how the D.C. Circuit interprets two provisions of the Consent Judgment. In my last post, I explained that one provision–the one sentence section ...
    1 week ago
  • The Constitutionality of Colorado Foreclosure Law: US Bank Walks Away from Foreclosure on Aurora Woman


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    US Bank walks away from foreclosure on Aurora woman US Bank on Friday backed down from its efforts to foreclose on an Aurora woman whose federal court battle against it has taken on the constitutionality of Colorado’s foreclosure laws. Just days after lawyers for the bank told a federal judge they’ve always had ...
    1 week ago
  • Michigan AG Informs National Mortgage Settlement Monitor About Concerns with Banks’ Settlement Compliance


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    Schuette Informs National Mortgage Settlement Monitor About Concerns with Banks’ Settlement Compliance LANSING -Attorney General Bill Schuette today sent a letter to Joseph A. Smith, Jr. head of the Office of Mortgage Settlement Oversight to alert him to concerns that certain terms of the National Mortgage ...
    1 week ago
  • How to Forex


    Authority Authority:
    Post from: FOREX TRADE ALERT How to Forex Subscribe to the comments for this post? Share this on del.icio.us Digg this! Post this on Diigo Post on Google Buzz Add this to Mister Wong Share this on Mixx Share this on Reddit ...
    1 week ago
  • Corporate Practice Commentators "Top 11" Corporate and Securities Law Review Articles for 2012


    Authority Authority:
    The Corporate Practice Commentator has announced the results of its nineteenth annual poll to select the ten best corporate and securities articles. Teachers in corporate and securities law were... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
    1 week ago
  • SEC Announces First Non-Prosecution Agreement in an FCPA Matter


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    Editor’s Note: The following post comes to us from Colleen P. Mahoney , partner and head of the Securities Enforcement and Compliance practice at Skadden, Arps, Slate, Meagher & Flom, and is based on a Skadden Arps client alert by Ms. Mahoney, Charles F. Walker , and Erich T. Schwartz . On April 22, the ...
    1 week ago
  • Hedge Fund News: Philip Falcone, Ray Dalio, NVIDIA Corporation (NVDA)


    Insider MonkeyAuthority Authority: 151
    Editor’s Note: Related Tickers: Microsoft Corporation (NASDAQ: MSFT ), VIVUS, Inc. (NASDAQ: VVUS ), NVIDIA Corporation (NASDAQ: NVDA ) Hedge Fund Manager and S.E.C. Reach Deal (New York Times) By Thursday, the agency appeared to be softening its tone. Nearly a year after the Securities and Exchange Commission ...
    1 week ago
  • Utah online payday loans lender busted for Ponzi scheme


    Authority Authority:
    John Scott Clark of Utah is being sued by the SEC for allegedly running a Ponzi scheme with the two online payday loan companies that he owns. Image from Wikimedia Commons. The Securities and Exchange and Commission has slapped two online payday loans lending companies owned by a single man with fraud suits. John ...
    1 week ago
  • Vanderbilt Law Review En Banc – Roundtable: The JOBS Act and SEC Rulemaking


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    Vanderbilt Law Review En Banc is pleased to present our Spring 2013 Roundtable , which considers the SEC’s rulemaking authority under the JOBS Act of April 2012. Practicing securities attorney Douglas Ellenoff, and Professors Usha Rodrigues and Andrew Schwartz each consider the public policy rationales of the JOBS ...
    1 week ago
  • Florida HB 87 / SB 1666, Homeowners, and the Foreclosure Inferno


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    Florida HB 87 / SB 1666, Homeowners, and the Foreclosure Inferno By Michael Collins A bill passed last week by the Florida legislature offers efficiencies and advantages to banks that may launch a major increase in foreclosures in the state known for its volatile real estate market.  The only thing standing in the ...
    1 week ago
  • Bank of America to Eric Schneiderman: You Can’t Sue Us for Violations of The National Mortgage Settlement


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    “In all that work and in related communications with your office, there was never any suggestion that there was any concern that Bank of America had engaged in ‘flagrant violations’ or any ‘pattern’ of violation that has now been suggested” ~ BofA: Schneiderman Has No Rights to Sue Bank of America  is ...
    1 week ago
  • Fannie Mae to Pay Treasury $59.4 Billion After Record Profit


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    Fannie Mae to Pay Treasury $59.4 Billion After Record Profit Fannie Mae (FNMA), the mortgage-financier seized by U.S. regulators in 2008, will pay the Treasury Department $59.4 billion after reporting a record quarterly profit driven by rising home prices and declining delinquencies. The government-sponsored ...
    1 week ago
  • Independent Foreclosure Review Payments Exceed $2 Billion


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    Independent Foreclosure Review Payments Exceed $2 Billion WASHINGTON—More than 2.2 million people have cashed or deposited more than $2 billion in checks related to the Independent Foreclosure Review Payment Agreement through May 9, 2013. To date, more than 3.9 million checks, totaling more than $3.4 billion, have ...
    1 week ago
  • An Economy of Intangibles


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    An Economy of Intangibles By George Mantor It just keeps getting weirder and weirder. Maybe you missed this gem but the economy is about to get a whole lot better on paper. Too bad the game is played on pavement. We are about to have a spike in Gross Domestic Product without having to produce … Read more Related ...
    1 week ago
  • HARRY SHEARER INTERVIEWS YVES SMITH ON THE INDEPENDENT FORECLOSURE REVIEW


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    HARRY SHEARER INTERVIEWS YVES SMITH ON THE INDEPENDENT FORECLOSURE REVIEW Listen to the podcast here. A link to Yves’ IFR e-book is here. Full transcript here. Interview recorded Thursday, April 18, 2013. ~ 4closureFraud.org Tweet Related posts: Independent Foreclosure Review Fiasco: OCC and Fed Decided Not to ...
    1 week ago

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