Investments
Nov. 24, 2006
Banks Wary as Top Court Reviews Federal Law
WASHINGTON - It was 20 years ago when Michigan lawmakers, facing a mortgage scandal that saw investors and borrowers lose millions, enacted a new regime of state banking regulations to combat mortgage fraud and predatory lending.
Daily Journal Staff Writer
WASHINGTON - It was 20 years ago when Michigan lawmakers, facing a mortgage scandal that saw investors and borrowers lose millions, enacted a new regime of state banking regulations to combat mortgage fraud and predatory lending.
The state law suffered a significant blow, however, in 2003 when Wachovia Mortgage Co., which recently ...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In