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Corporate & Securities Law
: Business Law Prof BlogTime to address mortgages?
Full post as published by Business Law Prof Blog on April 20, 2010 (boomark / email).
Reverse Mortgages
Consumer facts
The Paulson Toxic Mortgage Debt Security Act: The Biggest Government Bailout of All Time
Legislative Proprosal for Treasury Authority to Purchase Mortgage-related Assets
Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
Loan Backers
Mortgage Lenders Network pays $855,000 bankruptcy settlement for unfunded mortgages.
Cipro
The FDA is seeking to add black box warnings of the risk of tendon rupture associated with Cipro and Levaquin.
The ruptures can involve Achilles tendon, shoulder, hand, bicep or thumb tendons, and is especially increased in patients older than 60, or people who have received kidney, heart or lung transplants, as well as people on steroid therapy...

Hybrid mortgages fall out of favor
One in Four Mortgages Underwater
Prime Mortgages Dominate Workout Efforts
Prime Mortgage Defaults Jump During First Quarter
Some residential mortgages can be modified in chapter 13
Banks who buy mortgages may not be able to foreclose








