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The Madoff securities case has had a significant impact on a number of our clients and their businesses. We have established a team of experienced lawyers who can assist in the following ways.

In a September 26 settlement, the Massachusetts Attorney General's office reached an agreement with a mortgage loan servicer to resolve allegations of violations of Massachusetts...

To settle the violations, the mortgage lender agreed (i) to pay a $1.5 million civil monetary penalty and (ii) to an undertaking to further enhance its existing cybersecurity program.

On August 14, 2013, the former manager of an Allentown, Pennsylvania, mortgage loan origination company was sentenced to four years in prison and ordered to pay restitution of $979,562.20 in connection with a mortgage fraud conspiracy.

Effective October 16, 2008, NASDAQ announced that it has suspended through January 16, 2009, the application of its continuing requirements for listing on the NASDAQ Stock Market related to the bid price and market value of publicly held shares of NASDAQ-listed companies.

In Michigan, every document submitted for recordation with a register of deeds must adhere to MCL 565.201.

The National Credit Union Administration ("NCUA") board proposed a rule that would establish a simplified method of measuring capital adequacy for credit unions classified as complex.

Recent legislation now provides a bright line rule for unilaterally abandoning acceleration of installment loans.

In Rivera v. Wells Fargo Bank, the borrower argued that the Bank could not prove that it had possession of the E-Note.

On Dec. 30, 2022, Gov. Hochul signed the Foreclosure Abuse Prevention Act (Act).

In January of this year a bill was proposed in the New York State legislature that would impose mortgage recording tax on mezzanine loans. The bill was recently amended to clarify that...

In an opinion issued yesterday in Chester A. Brooks, et al. v. Bank of America, et al., Case No. 4D14-3337 (Fla. 4th DCA May 25, 2016), Florida's Fourth District Court of Appeal made clear that, in order to obtain summary judgment of foreclosure, ..

The Office of the Comptroller of the Currency ("OCC") published risk management guidance for banks and federal savings associations concerning high loan-to-value ("LTV") lending programs...

OFAC charged a United Arab Emirates Bank for violating now-repealed Sudanese Sanctions by processing monetary transfers from the bank's London branch through U.S. financial institutions.

On January 17, the Pennsylvania Attorney General filed a civil enforcement action in the U.S. District Court for the Eastern District of Pennsylvania...

In Pennsylvania, as in many other jurisdictions, real property owned jointly by a husband and wife – property held in a "tenancy by the entirety" – cannot be attached to satisfy the debt of only one spouse.

On May 18, 2016, Fitch issued a report entitled: Fitch: NSFR Rule Could Constrain Trust Banks' Liquidity Position.

In a new study, the Consumer Financial Protection Bureau (CFPB) criticizes reverse mortgages as misleading and as having resulted in senior citizens being confused about exactly what such a transaction involves.