Jason Miller News
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McGraw Hill Financial Inc. and its Standard & Poor’s unit won a bid to move to federal court in New York lawsuits filed by 14 states and the District of Columbia accusing the companies of inflating mortgage-backed securities ratings.
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New York Attorney General Eric Schneiderman said he will announce new enforcement actions against major financial institutions as part of his effort to “protect New York homeowners” after calling the first such lawsuit last year a “template” for future litigation.
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Bank of America Corp.’s effort to complete an $8.5 billion settlement with mortgage-bond investors won’t face objections from New York and Delaware, which had intervened in litigation over the deal.
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Beau Biden , Vice President Joe Biden ’s son and the Delaware attorney general, was discharged from a Philadelphia hospital this afternoon after treatment for what his doctor said was a minor stroke, his office said.
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Beau Biden , Vice President Joe Biden ’s son and the Delaware attorney general, was discharged from a Philadelphia hospital this afternoon after treatment for what his doctor said was a minor stroke, his office said.
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The ‘N’ word gets a fresh airing in the mixed-bag Broadway revival of “That Championship Season” starring “24” tough guy Kiefer Sutherland .
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To block Mitt Romney’s path toward the Republican presidential nomination, Rick Perry has reverted to a familiar form for him: attack.
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Merscorp Holdings Inc., which operates a mortgage registry, settled a lawsuit brought by the Delaware Attorney General Beau Biden that accused the company of engaging in deceptive practices.
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Bank of America Corp. may face billions of dollars more in liability for faulty mortgages if a judge agrees with insurer MBIA Inc. that the lender must buy back loans even if the errors didn’t cause a borrower’s default.
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U.S. states that balked at liability releases in a proposed $25 billion nationwide settlement over bank foreclosure practices must decide today whether its mortgage relief and reforms are worth legal claims they’ll lose.
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