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Tag: Banking Industry

No April Fools: Supreme Court Narrows Definition of Debt Collector

No April Fools Day

Another Power Play for the Multi-Billion Dollar Banking Industry. The United States Supreme Court has now rendered a unanimous decision in the case of Obduskey v. McCarthy & Holthus, LLP, finding that law firms who enforce a security interest such as a mortgage (as opposed to directly collecting a debt) are not debt collectors under the Fair Debt Collection Practices […]

As the space race slows, the race to break up America’s biggest banks gains speed

Thu May 16, 2013 by on Florida Law News

Have you seen the YouTube video of Canadian astronaut Chris Hadfield singing David Bowie’s “Ground Control to Major Tom” from the International Space Station? The social media loving space man has become a YouTube sensation with more than 10.5 million (yep that’s million) hits and growing. And that’s only within the span of about a week. While the space race […]

Cracked! Humpty Dumpty, Chase, and GMAC: The Bank Mortgage Foreclosure Fraud Crisis Continues to Fall by Roy Oppenheim

Humpty Dumpty sat on the wall. Humpty Dumpty had a great fall. All the king’s horses and all the king’s men. Couldn’t put Humpty Dumpty back together again. Most Americans, including some lawyers and even judges don’t understand what happened. Yes, it is complex and confusing. But at the end it’s real simple. In the old days, a bank would […]