Lawsuit Accord to be Challenged by States
6/22/2011 Attorneys general in thirty-eight states are planning to legally challenge a proposed class-action settlement which they said could potentially make it harder for state law-enforcement personnel to regulate debt collectors. The proposed settlement involves an agreement entered into by Encore Capital Group Inc in February to pay around $5.7 million to settle all […]
The Probe on the Mortgage Industry Initiated by the New York AG is Expanding
6/22/2011 The probe on the mortgage industry has reportedly been expanded by New York Attorney General Eric Schneiderman, who is not requesting some documents from a couple of financial institutions that acted as trustees for mortgage bond trusts. Bloomberg News revealed Monday that the New York Attorney General has asked for documents from Deutsche […]