Banks created the Mortgage Electronic Registration System to save themselves a boatload in fees by keeping mortgage transfers off the books of local governments. Now, a New York judge says the whole system violates state law, a…
The majority of jobs in the U.S. are created by small business, which are still reluctant to hire new workers. And while some of their reasons for holding back may mirror those of big businesses, local conditions like state tax…
On Oct. 20, New York courts ordered attorneys for foreclosing banks to swear they’d personally confirmed that their documents are true and accurate. But a Brooklyn judge has taken things a step further. Since the banks aren’t c…