Reuters reports that a second wave of Libor litigation could be heading our way depending on how the rate is changed. You can get the article here. If you don’t feel like making the jump, here’s what you need to know: Major changes to the way Libor is set could trigger years of legal wrangling…
Michelle Conlin reports for Reuters about a Washington State Court ruling that MERS (Mortgage Electronic Registration Systems) did/does not have the legal authority to foreclose on a home. The article can be found here. The crux of the decision is summarized in this: The Washington Supreme Court held that MERS’ business practices had the “capacity…
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