On December 4, 2015, a New York federal district judge awarded class counsel in the JP Morgan Chase mortgage-backed securities class action about $74 million in fees and costs based on a $388 million settlement. This was less than the $100.8 million in fees and expenses requested by class counsel. Read more . November 2015
In a move aimed at cutting American International Group’s $40 billion debt to the Federal Reserve Bank of New York by $25 billion and setting up two AIG life insurance giants as initial public offerings, the N.Y. Fed has agreed to a debt-for-equity swap done via special-purpose vehicles.
Lawsuit Filings Seeking Class Action Status Against Loan Servicers Continue To Pick Up Steam Bloomberg News reports: Billionaire Wilbur Ross’s american home mortgage Servicing Inc., facing lawsuits by attorneys general in two states, was sued by a homeowner who accused the firm of using tactics that lead to improper foreclosures.
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The law firm that brought the class-action lawsuit says that about 1 million customers will be eligible for payments, although legal fees are likely to eat up about 30% of the amount. Randy of.
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INTRODUCTION The forensic examination of the real property records of Osceola County, Florida was commissioned by Armando Ramirez, a duly elected public official with the title of Clerk of the Circuit Court of Osceola County, Florida. In all times
Net News More hot money’ left the Philippines in the first five months of the year, reversing the net inflows reported in the same period last year-a phenomenon which the central bank attributed to outflows.
Four Central Florida Homeowners Seek Class Action Status In Federal Lawsuit Targeting GMAC In Robosigner Scandal In Tampa, Florida, the St. Petersburg Times reports: Four Tampa Bay area homeowners are suing what used to be GMAC, claiming the company used "robo-signers" to foreclose on their homes illegally.
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