Word: mechem
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...majority next month to pass the ordinance, which would likely be the first such law to emerge amid the Great Recession. (A Pennsylvania judge last year mandated a program in Philadelphia that requires lenders there to at least participate in a modification-mediation process before resorting to foreclosure.) John Mechem, spokesman for the Mortgage Bankers Association in Washington, D.C., argues the ordinance is "ill-conceived" because it would "encourage banks not to do business [in] the city, which would limit competition." But even if it doesn't pass, the effort reflects the impatience many communities have with the banks they...
...wire transfer of $690,000 to an account held by Rivera led to the arrests. The bogus sale price of the homes may have been the giveaway. "Generally, where there's been the fastest price appreciation is where we've seen the greatest incidents of mortgage fraud," says John Mechem, spokesman for the Mortgage Bankers Association...
MacAusland, W. R., Jr.; Malcolm, W. S.; Mason, H. B.; McCulloch, J. J.; McLean, S. '43; McNeilly, R. H.; Mechem, R. W.; Merrill, A. C.; Merwin, G. W., Jr.; Moore, J. R., Jr.; Nicholl, D.; Nunan...
...rendered, are quietly left on government officials' desks. In the U.S., Gulf Oil passed out many of its political contributions in sealed envelopes. Gulf Lobbyist Frederick Myers testified to the Securities and Exchange Commission that in 1964 he handed one envelope to New Mexico Republican Senator Edwin L. Mechem, now a federal judge, at a ranch outside Albuquerque. In 1970, Myers said, he flew to Indianapolis to present another envelope to Republican Representative Richard L. Roudebush, now head of the Veterans Administration, in a men's room at a Holiday...
...prominent politicians over the years, starting with Lyndon Baines Johnson, who received $50,000 in 1961 when he was Vice President. Other alleged recipients included Oklahoma Senator Fred Harris, now a candidate for the Democratic presidential nomination; Senate Republican Leader Hugh Scott of Pennsylvania; New Mexico Republican Senator Edwin Mechem, now a federal judge; and Indiana Republican Representative Richard Roudebush, now chief of the Veterans Administration. Dorsey maintains that he was told about such U.S. contributions long after the fact...