Judge denies joint request for “third and final time”. See what it may take for Barclays to settle this suit.
Read More »Indictment Returned for Foreclosure Auction Rigging
The DOJ’s Antitrust division recently filed charges against three investors for conspiring to rig bids on foreclosure auctions.
Read More »DOJ Requests Argument Time in CFPB Case
The D.C. Circuit court allows for 30 minutes per side for oral argument. In its request for argument time, the DOJ stated that because “our position in this case does not fully align with either party,” it is requesting that “instead of sharing time with either party, we receive a total of ten minutes for the United States.”
Read More »Why Did the Department of justice Turn on CFPB?
The Department of Justice defended the president’s power to remove executive branch agency heads at will, though not all groups agree with the decision.
Read More »Quicken Loans, DOJ Take First Step in Legal Battle
The U.S. Department of Justice and Quicken Loans attorneys met in a Detroit courtroom on Monday to discuss possible dismissal. If the case goes forward, the trial will begin April 11, 2019.
Read More »Credit Suisse Agrees to RMBS Settlement with DOJ
Almost a decade after the 2008 financial crisis, the U.S. Department of Justice is finally exacting restitution from companies found responsible for pushing the economy to the brink.
Read More »Deutsche Bank to Pay Billions Over Pre-Crisis RMBS
German-based bank becomes the latest financial institution to agree to a settlement.
Read More »Quicken Loans Trial Moves Locations
The judge in USA v. Quicken Loans has granted Quicken’s wish of a trial location change. How will this impact their case?
Read More »Justice Department Prepares Suit Against Moody’s
In their Q3 earnings report, Moody's Corporation reported that they were preparing to receive a civil complaint from the Department of Justice. What sparked this action against the second largest ratings firm?
Read More »What Crisis? Government Drops Case Against Mozilo
Nearly a decade of scrutiny from the U.S. government ended on Friday when federal prosecutors decided not to pursue their case against ex-Countrywide Financial CEO Angelo Mozilo.
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