NY top court clears probe of inflated appraisals
Lawyer Blogs
New York's top court has cleared the state attorney general to pursue allegations that First American Corp. and subsidiary eAppraiseIT inflated property appraisals under pressure from client Washington Mutual.
The Court of Appeals says federal regulations do not pre-empt state claims alleging fraud and violations of real estate appraisal rules.
Then-Attorney General Andrew Cuomo brought the 2007 civil suit alleging the practice contributed to the national subprime mortgage crisis.
Washington Mutual collapsed in 2008 and became the nation's largest bank failure ever.
Six top court judges ruled that Congress envisioned "a robust partnership with the states" in aiming to prevent real estate appraisal abuse.
In a dissent, Judge Susan Read says the suit challenges a bank's federally regulated mortgage practices.
Related listings
-
Pivotal CA gay marriage ban decision due Thursday
Lawyer Blogs 11/17/2011The California Supreme Court is poised to release a decision that could prove pivotal to the future of the state's voter-approved ban on same-sex marriage. The court says it will file a written opinion Thursday morning clarifying whether the sponsors...
-
Missouri Supreme Court upholds strip club restrictions
Lawyer Blogs 11/16/2011The Missouri Supreme Court has upheld a 2010 state law imposing restrictions on strip clubs and other sexually oriented businesses. In a unanimous decision Tuesday, the court rejected claims from the adult entertainment industry that the law infringe...
-
Supreme Court refuses to hear Brooks appeal
Lawyer Blogs 11/15/2011The Supreme Court has denied a last minute appeal from an Ohio man scheduled to be executed Tuesday morning. The court on Tuesday denied appeals from Reginald Brooks, who is scheduled to be executed for fatally shooting his three sons while they slep...
Victorville CA DUI defense Attorneys
The outcome of a DUI defense will have a long-term effect on anyone’s life, making the decision to receive legal representation an easy one. The fact is, most people accused of a DUI are first offenders with no criminal background. Whether this is your first run in with the law or you have had previous convictions, you are in need of a DUI defense attorney.
The charges you are facing for a DUI range from fines, a 12-month suspension on your license and worst-case scenario, prison time. Your attorney will be able to analyze your situation to decide the best way to go about your case.
Our attorneys know the tricky ways to challenge all of the DUI tests and know how to claim improper collection of evidence. We will be able to negotiate on your behalf and free you from charges and help you keep your drivers license. The DUI process can last up to several months, we can make this process easier on you. .