JPMorgan to Pay Ambac $995 Million to Settle RMBS-Related Claims
Please note that in order to view the content for the Bankruptcy Headlines you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Virginia Reaches $63 million Settlement with 11 Banks for Mortgage Fraud
Please note that in order to view the content for the Bankruptcy Headlines you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Ocwen to Pay SEC Penalty for Misstated Financial Results
Please note that in order to view the content for the Bankruptcy Headlines you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Lenders Win Again, Beating Back Forced Vesting of Title through Chapter 13
Massachusetts judges disagree on ‘forced vesting’ in chapter 13 plan.
Court:
Goldman to Pay Up to $5 Billion to Settle Claims of Faulty Mortgages
Please note that in order to view the content for the Bankruptcy Headlines you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member
New York’s ‘Loss Mitigation’ Program Survives One Lender Attack
SDNY’s ‘loss mitigation’ program for mortgage modification may face another attack.
Stripped-Off Mortgages Don’t Count Toward Chapter 13 Unsecured Debt Limits
Ninth Circuit BAP removes another potential barrier to using “chapter 20.”
Court:
JPMorgan Pays $48 Million for Robosigning Faults in OCC Deal
Please note that in order to view the content for the Bankruptcy Headlines you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Fifth Circuit Clarifies Rule on Surcharging Collateral Under Section 506(c)
Specific intent to benefit the lender not required before surcharging collateral.
Court: