Department of Justice

• New York AG Threatens Mortgage Servicing Suits Against BofA, Wells Fargo

  By Heather Anderson  |  May 6, 2013

  Complaint includes accusations that homeowners could lose homes because loan mods sat unprocessed on big bank desks.

• HUD Rule Will Use 'Disparate Impact' to Police Discrimination

  By Heather Anderson  |  February 11, 2013

  Plaintiffs can use rule to claim discrimination using statistical analysis rather than intent.

• Justice FCU Marches Into Georgia

  By Staff Writer  |  February 6, 2013

  Justice Federal Credit Union recently hosted two grand opening celebrations to commemorate the credit union’s official presence in Georgia with the merger of the Georgia Department of Public Safety Credit Union. The celebrations took place at branches in South East Atlanta and Forsyth. Both locations were the sites of the...

• WesCorp Losses Center of DOJ’s Suit against S&P

  By Heather Anderson  |  February 5, 2013

  Justice Department cites failed corporate in lawsuit, says S&P rigged ratings to please bank customers.

• Payment Security Has Gaping Holes

  By Michael Kozubek  |  January 30, 2013

  When shoppers swiped their credit and debit cards to pay for purchases at Barnes & Noble stores last year, they didn’t expect to have their card and personal identification numbers stolen. But hackers had breached point-of-sale keypad card terminals at 63 Barnes & Noble stores in nine states.

• Data Security Cited as Top Concern by In-House Counsel: Survey

  By Michael Kozubek  |  January 22, 2013

  The frequency of such incidents has made data security the top legal concern of 55% of in-house counsel, survey finds.

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  Credit Union Legal Hurdles for 2013

  By E. Andrew Keeney  |  January 4, 2013

  Mergers, mortgages and more seen populating the legal docket for credit unions in the year ahead, according to a team of credit union attorneys.

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  Credit Union Legal Hurdles for 2013: Opinion

  By E. Andrew Keeney  |  January 4, 2013

  Mergers, mortgages and more seen populating the legal docket for credit unions in the year ahead, according to a team of credit union attorneys.

• Suit Filed Against Bank of America

  October 31, 2012

  The U.S. Justice Department is suing Bank of America over alleged mortgage fraud perpetrated against Fannie Mae and Freddie Mac by Countrywide, the giant mortgage originator purchased by Bank of America.

• U.S. Justice Department Files Suit Against Bank of America

  By David Morrison  |  October 24, 2012

  Suit says Countrywide, later purchased by Bank of America, ran a 'Hustle' that led to losses taxpayers shouldered.