The mortgage debacle in the US has raised deep questions about ‘the rule of law’ , the universally-accepted hallmark of an advanced , civilised society . The rule of law is supposed to protect the weak against the strong, and ensure that everyone is treated fairly. In US in the wake of the subprime mortgage crisis, it has done neither.
US mortgage debacle raises questions about ‘rule of law’
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Douglas Elliman settles the commission lawsuits
The firm will pay an initial amount of $7.75 million into the settlement fund, with the possibility of another $10 million in the coming years