August 29, 2016
- PricewaterCooperhouse LLP reached a 5.5 billion dollar settlement in their mortgage bankruptcy trial. This decision to settle came days before the opposing party was set to rest their case.
- A Texas judge dismissed a case against the state of Texas which alleged the Texas Department of Housing and Community Affairs violated the Fair Housing Act.
- A New York Federal judge dismissed a case by a real estate investor claiming that Mercury Capital Corp. and Paradigm Capital Group LLC encouraged him to make unsound investments in loans.