Real Estate & Property Law

Did Lenders Anticipate a Bailout if Loans Soured
Before policymakers undertake more bailouts arising out the subprime mortgage crisis, policymakers should ask the classic question: what did subprime lenders know and when did they know it? While much remains unclear about the crisis, considerable evidence suggests that at...

Massachusetts SJC to Subprime Lenders: Clean Up Your Own Mess
A major legal development in the foreclosure crisis occurred today in Massachusetts. The Massachusetts Supreme Judicial Court, regarded as one of the finest state courts in the country, upheld a preliminary injunction against Fremont Investment and Loan for foreclosing on...

Mortgage denials for Native Americans
In light of all the subprime lending mess, in which “No Doc loan” credit applications were often based on largely fictional income, and brokers and banks where playing all sorts of games to get people into high interest subprime loans, the Fargo Forum analysis of home loan applications for 2006 found that lenders denied one [...

Bar-Gill on Subprime Mortgages
Oren Bar-Gill (NYU) has posted The Law, Economics and Psychology of Subprime Mortgage Contracts on SSRN. Here's the abstract: Over 4 million subprime loans were originated in 2006, bringing the total value of outstanding subprime loans over a trillion dollars...

Times Reports on Responses to the Subprime Crisis, Student Loan Issues, Unauthorized Bank Account Transfers, and More
Bob Tedeschi's Mortgages column in today's Times, "Shying Away From N.Y. Loans," reports on a consequence of the new New York subprime law: making it even harder for subprime borrowers to obtain loans...

Mass AG Sues Option One
Massachusetts Attorney General Martha Coakley's office has brought suit against Option One. From the press release: Today, Massachusetts Attorney General Martha Coakley?s Office filed a lawsuit in Suffolk Superior Court against Option One Mortgage Corp...

Illegal Immigrant Responsibility and Reform Act of 1996
Explanation of the controversial illegal immigration law

Selection of State Supreme Court Judges
How State Court Judges are Selected

Law Enforcement and Criminal Justice Career Choices
Descriptions of law enforcement occupations

California Supreme Court Proposition 8 Decision
Court Rejects Challenges to Proposition 8, but Finds Marriages Valid

Is Barack Obama a Natural Born Citizen?
Wrotnowski v. Bysiewicz (Supreme Court): Does Obama meet the constitutional requirements to be President

Heart of Atlanta v United States
Supreme Court Decision: Civil Rights Act Protected by Interstate Commerce Clause

Goldman Sachs
Agrees $60 Million Subprime Settlement in Massachusetts

Massachusetts Employment Law
alleging violations of Massachusetts labor laws including overtime pay, discrimination, harassment and more.

Lenders Fined
Ryland Group Inc. settles $370,000 questionable lending suit.

KeyBank USA
alleging the bank offered loans for fraudulent vocational schools.

Massachusetts Turnpike Class Action

Loan Backers
Mortgage Lenders Network pays $855,000 bankruptcy settlement for unfunded mortgages.