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Bankrupcy News.
Hearing to Examine Mortgage Serving Practices
The House Financial Services Committee will hold a hearing today entitled, "A Review of Mortgage Servicing Practices and Foreclosure Mitigation"… Read More

Seller-Assisted Loan Program To End Under Housing Bill
Charities that participate in a seller-financed down payment program for Federal Housing Administration loans protested today that the program will be ended under the housing recovery bill… Read More

San Diego Sues Bank of America to Block Foreclosures
San Diego City Attorney Michael Aguirre said on Wednesday that he filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in his city… Read More

Report Finds First Home Lender Violated Real Estate Law
A new audit report released by the U.S. Department of Housing and Urban Development has revealed that home lender First Magnus Financial Corp. violated federal law by offering incentives to mortgage brokersRead More

Judge OKs Bankrupt Mortgage Lenders' Settlement
A bankruptcy judge has approved settlement agreements over mortgage licenses between subprime lender Mortgage Lenders Network USA Inc. and banking authorities in five northeastern states… Read More
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Upcoming Events.

4th Annual Mid-Atlantic Bankruptcy Workshop
July 31-August 2, 2008
Cambridge, Maryland

16th Annual Southwest Bankruptcy Conference
September 4-6, 2008
Las Vegas, Nevada

Complex Financial Restructuring Program
September 4-5, 2008
Las Vegas, Nevada

Bankruptcy 2008: Views from the Bench
September 12, 2008
Washington, D.C.

28th Annual Midwestern Bankruptcy Institute & Consumer Forum
Kansas City, Missouri
October 3, 2008

Chicago Consumer Bankruptcy Conference
Chicago, Illinois
October 13, 2008

International Insolvency Symposium
Frankfurt, Germany
October 31, 2008

Detroit Consumer Bankruptcy Conference
Troy, Michigan
November 11, 2008

Upcoming Events.

110th Congress

S. 3287 To amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions.
 
S. 3259, To amend title 11, United States Code, with respect to the priority of certain high cost credit debts.
 
P.L. 110-162To designate the United States bankruptcy courthouse located at 271 Cadman Plaza East in Brooklyn, New -ork, as the `Conrad B. Duberstein United States Bankruptcy Courthouse'
 
H.R. 3010, To amend chapter 1 of title 9 of United States Code with respect to arbitration.
 
H.R. 4044, To amend the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 to exempt from the means test in bankruptcy cases, for a limited period, qualifying reserve-component members who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for not less than 60 days.
 
H.R. 5830, To create a voluntary FHA program that provides mortgage refinancing assistance to allow families to stay in their homes, protect neighborhoods, and help stabilize the housing market.
 
H.R. 5679, To amend the Real Estate Settlement Procedures Act of 1974 to require mortgagees for mortgages in default to engage in reasonable loss mitigation activities.
 
H.R. 3221, A bill to provide needed housing reform and for other purposes. (Senate housing stimulus package).
 



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