Tag Archives: Attorneys & Title Companies

Public interest group Judicial Watch announced Tuesday that it filed a Freedom of Information Act lawsuit against the Consumer Financial Protection Bureau to obtain records detailing President Obama's "recess appointment" of CFPB director Richard Cordray. Judicial Watch, a group dedicated to investigating and fighting possible government corruption, says it submitted a FOIA request on January 12 to CFPB seeking access to records of communications between the bureau, the White House, the Executive Office of the President, the Treasury, and Congress concerning Cordray├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós appointment to his post.

In an exclusive interview with MReport Tuesday, Marc Savitt, president of the National Association of Independent Housing Professionals, divulged his intentions to call for the resignation of Raj Date from his post as deputy director of the Consumer Financial Protection Bureau. Following the interview, NAIHP released an official announcement calling for just that. We obtained comments from the consumer bureau countering criticism Date received for a speech Monday in which he faulted mortgage brokers for the housing crisis.

Michael C. Hall, whose famous for his portrayal of serial killer Dexter in the Showtime series of the same name, is braving the dangers of the Los Angeles housing market. Recently listing his Hollywood Hills home for $1.995 million, Hall is looking to unload his classic Hal Levitt-designed home.

Florida-based ISGN Corporation is welcoming a new CEO. The industry technology provider has appointed Ritesh Idnani to lead the company.

Michigan Attorney General Bill Schuette and State Treasurer Andy Dillon announced Tuesday that a federal judge granted preliminary approval to the state's proposed national class action lawsuit against Bear Stearns and Deloitte & Touche. Bear Stearns and Deloitte & Touche have agreed to settle the securities fraud suit. Under the terms of the settlement, the two firms will pay $294.9 million to investors nationwide who bought Bear Stearns stock and other equity securities and options between 2006 and 2008.

RE/MAX is rolling out a sweet social media contest with some very special prizes at stake. The company recently launched the inaugural What Moves You? competition, which honors weekly winners who send in creative submissions capturing the compelling stories behind their decision to move.

HUD announced Thursday that Bank of America has agreed to pay $161,180 to settle allegations of maternity-based discrimination. A complaint had been filed by the Fair Housing Council of Orange County against BofA alleging that one of its San Jose branches refused to refinance a woman's mortgage because she was on maternity leave. The Fair Housing Act prohibits discrimination in mortgage lending and real estate-related transactions based on race, color, national origin, religion, sex, family status, or disability. BofA was alleged to be in violation of the provisions protecting sex and family status.

The Miami Beach home that once belonged to the late fashion icon, Gianni Versace, is making housing headlines for its record-setting price tag.

The Dodd-Frank Act fell under scrutiny at a hearing of the Senate Banking Committee Wednesday, with lawmakers from the right charging that the reform law will impose arbitrary rules that limit consumer choice and prevent an economic recovery. Much of the light fell on interagency efforts to finalize the controversial Volcker Rule, a rulemaking requirement under Dodd-Frank that bans short-term proprietary trading by systemically important financial institutions like Chase. Witnesses included Consumer Financial Protection Bureau chief Richard Cordray.

WMI Holdings Corp., formerly Washington Mutual, Inc., has named a new interim chief accounting officer. As part of the entity's ongoing strategy following the completion of Chapter 11 proceedings, WMI has appointed Timothy Jaeger to the leadership role.