Articles Tagged with ''Law firm''

CFPB sues Ohio law firm over "illegal" debt collection practices

Weltman, Weinberg & Reis vows to defend itself
The Consumer Financial Protection Bureau claims that an Ohio law firm is using illegal methods to collect debt and is suing the firm to put a halt to the alleged illegal activity. The firm, however, contends that the CFPB is trying to “strong-arm” it into signing a consent order and says it will fight the lawsuit.
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MetLife faces DOJ scrutiny over foreclosures

Life insurer says its bank unit part of ongoing investigation
MetLife Inc. said in an SEC filing that it is under a Department of Justice investigation over its foreclosure practices. The DOJ requested information about payments made to law firms tied to foreclosures at the insurer's bank unit.
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Foreclosure mess exposes the rot from within

Believe it or not, mortgage servicing is a noble industry. Or, at least, it’s supposed to be. Even in managing borrower defaults and repossessing property, there is something noble to the work, underneath it all — and it comes from following the law, enforcing contracts, ensuring that our nation’s system of property rights maintains its integrity for all Americans.
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