The coronavirus pandemic is ravaging nursing homes in Missouri as the number of sickened and dead continues to grow. Health officials announced Tuesday that a resident in his 90s at the assisted-living facility Morningside of Springfield East died of the ...

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Federal National Mortgage Association v. Bostwick (MLW No. 65491/Case No. WD75768 – 12 pages) (Missouri Court of Appeals, Western District, Newton, J.)

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The first meetings with investors who brought claims against the bank for breaches of representations and warranties were “very tense,” with both sides taking “very strong positions,” Chief Risk Officer Terrence P. Laughlin testified.

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Sparks v. PNC Bank (MLW No. 64874/Case No. ED98945 – 10 pages) (Missouri Court of Appeals, Eastern District, Richter, J.)

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A St. Louis lawyer and his wife are suing Wells Fargo Home Mortgage, claiming that it mishandled a mortgage taken out by the couple after it was transferred from another lender.

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Homeowners with mortgages of more than $1 million are defaulting at almost twice the U.S. rate and some are turning to so-called short sales to unload properties as stock-market losses and pay cuts squeeze wealthy borrowers. “The rich aren’t as ...

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Bankruptcy attorneys face a host of ethical issues even before their clients file a petition for bankruptcy. The goal is to preserve a nest egg or protect assets that might survive the bankruptcy process, but pre-petition planning requires a careful ...

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Their intention was to make it easier to read and understand. But leave it to the federal government to take what typically is a single-page document and turn it into a three-page form. What I’m pointing to is the new ...

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Missouri Attorney General Chris Koster has sued a company he said defrauded people seeking mortgage relief. The suit, filed Tuesday in Jackson County Circuit Court, alleges that Orange, Calif.-based U.S. Foreclosure Relief Corp., also known as Lighthouse Services, violated the ...

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At least 1 million Americans would be able to use bankruptcy to reduce mortgage payments under legislation approved by the U.S. House last week, part of Democratic efforts to stem a crisis that has erased more than $2.4 trillion in ...

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U.S. President Barack Obama pledged $275 billion to a program that includes cutting mortgage payments for as many as 9 million struggling homeowners and expanding the role of Fannie Mae and Freddie Mac in curbing foreclosures. The plan will help ...

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