Supreme Court upholds federal regulation of national bank mortgage lending
The US Supreme Court handed down decisions in three cases Tuesday, including Watters v. Wachovia Bank , where the Court held that the National Bank Act and regulations...
Supreme Court upholds federal regulation of national bank mortgage lending
The US Supreme Court handed down decisions in three cases Tuesday, including Watters v. Wachovia Bank , where the Court held that the National Bank Act and regulations...
The federal trial of a lawsuit launched by the American Civil Liberties Union (ACLU) challenging the constitutionality of two laws passed by the city of Hazleton, Pennsylvania that make it more difficult...
The Hazleton immigration ordinance trial: an inside perspective
Jackson Chin : "This federal lawsuit raises novel issues of law, e.g., whether municipal ordinances that seek to regulate and punish business and property...
Former Fannie Mae executives face civil charges over alleged accounting fraud
The Office of Federal Housing Enterprise Oversight (OFHEO) filed a notice of charges Monday against three former Fannie Mae executives over their role in fraudulently reporting future earnings so that...
Supreme Court hears arguments in global warming, bank regulation cases
The US Supreme Court heard oral arguments Wednesday in Massachusetts v. EPA , 05-1120, a case where 12 states and several environmental groups are challenging an Environmental...
Justice Department drops inquiry into alleged Fannie Mae accounting fraud
Government-sponsored mortgage dealer Fannie Mae announced Thursday that the US Department of Justice (DOJ) has discontinued its two-year investigation into alleged accounting violations, though criminal prosecutions could still be brought against individual...
Supreme Court to hear second 'partial birth' abortion ban case
The US Supreme Court on Monday announced it would hear a second case challenging the constitutionality of the federal Partial Birth Abortion Ban Act of 2003 . The court granted certiorari in Gonzales v. Planned Parenthood...
Regulators at the US Securities and Exchange Commission (SEC) and the Office of Federal Housing Enterprise Oversight (OFHEO) have announced a $400 million settlement with the Federal National Mortgage Association, or Fannie Mae ....
In the Matter of Federal Home Loan Mortgage Corp., Federal Election Commission, April 18, 2006 [conciliation agreement to pay a $3.8 million fine to settle accusations that Freddie Mac directly raised campaign funds for members of Congress in violation of...
Freddie Mac to pay $3.8M fine to settle FEC illegal fundraising allegations
The Federal Election Commission on Tuesday announced that mortgage corporation Freddie Mac has agreed to pay a $3.8 million fine to settle accusations that it directly raised campaign funds for...