Four executives from failed mortgage CUSO Central States Mortgage were indicted on fraud and other charges. David Jungen, his wife Elaine, Jerome Poelhnelt and David Chapman were named in a federal indictment, unsealed Oct. 4 in Eastern Wisconsin’s U.S. District Court.
New York’s ban on retailers charging a surcharge for credit card purchases was ruled unconstitutional Oct. 3 by a federal court judge.
Agrees with retailers that Empire State law against informing consumers infringes on First Amendment rights.
LAS VEGAS — Annual loss of revenue to $11.5B credit union could increase if Federal Reserve rewrites rule, BECU exec tells ACUMA confab.
The fight between the City of Richmond, Calif. and 624 mortgage lenders continues, as the city attempts to obtain the loans through eminent domain.
Two kitchens, five-and-a-half baths, indoor pool all part of million-dollar Cleveland home seized as search for Alex Spirikaitis continues.
Each side presented its own reasons for seeking a speedy decision in the case.
Eminent domain plan wins Richmond City Council approval but remains in limbo in face of state law.
The Federal Reserve may appeal U.S. District Court Judge Richard Leon’s interchange debit decision by arguing the judge gave undue weight to opinions of Senator Richard Durbin (D-Ill.) when evaluating the regulation.
In briefs filed August 28, all parties to a recent decision overturning the Federal Reserve’s debit interchange regulation urged U.S. District Court Judge Richard Leon to leave it in place until further appeals of his July 31 decision are exhausted.