REFinBlog

Editor: David Reiss
Brooklyn Law School

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August 27, 2015

Shaking up the Title Industry

By David Reiss

The United States Court of Appeals for the 9th Circuit issued an opinion in Edwards v. The First American Corporation et al., No. 13-555542 (Aug. 24, 2015) that may shake up how the title insurance industry works. As the court … Continue reading

August 25, 2015

Bank Settlements and the Arc of Justice

By David Reiss

Martin Luther King, Jr. said that the “arc of the moral universe is long, but it bends towards justice.” A recent report by SNL Financial (available here, but requires a lot of sign-up info) offers us a chance to evaluate … Continue reading

August 24, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Building investors sue Waterbridge Capital LLC for $10 million for allegedly selling units and pocketing profits, refusing to pay back its investors. Hurricane Sandy $25 million contract-insurance suit is dismissed against one of the defendants, Arch Insurance Group and its … Continue reading

August 17, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Plaintiffs in class action suit against JPMorgan Chase & Co., who were fraudulently charged unnecessary home inspection fees, argue that the bank cannot avoid class certification because Chase admitted that “determining whether an inspection was reasonable requires an assessment of … Continue reading

August 14, 2015

Smoldering FIRREA

By David Reiss

American Banker quoted me in Banks Take Losses in MBS Case Appeals; Is Supreme Court Next? (behind a paywall) The story reads, in part, Banks that sold faulty mortgage-backed securities right before the crisis have suffered a string of legal defeats … Continue reading

August 7, 2015

What To Do With MERS?

By David Reiss

Bloomberg BNA quoted me in More Policy Queries As MERS Racks Up Court Wins (behind a paywall). The article further discusses the case I had blogged about earlier this week.  It reads, in part, Mortgage Electronic Registration Systems, Inc. (MERS), the keeper of … Continue reading

August 4, 2015

MERS Victorious

By David Reiss

The U.S. Court of Appeals for the Third Circuit ruled in favor of MERS in Montgomery County v. MERSCORP, (August 3, 2015, No. 15-1219) (Barry, J.). MERS, for the uninitiated, is a national electronic loan registry system that permits its members to freely … Continue reading