Word: sues
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Dates: during 2000-2009
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...payments through mortgage-related securities. Servicers are contractually bound to act in the interest of investors overall, but they might still not rewrite loans, even when that creates the most value in the aggregate, since modifications can impact certain investors more than others - and it only takes one to sue. That's why on Feb. 4. the House Financial Services committee met to talk about making a law to shield servicers from such lawsuits. The law, first proposed by real estate and law professors at Columbia University, would create a so-called legal safe harbor, and ostensibly kick up modification...
...groundhog • hand of New York mayor Michael Bloomberg is bitten by • Sue Simmons does impression...
...would strike America five years later. Both John Lennon and George Harrison learned to play guitar in part by listening to Buddy Holly records. The first Rolling Stones' single released in the U.S. was cover of Holly's "Not Fade Away." (See a video of Buddy Holly singing "Peggy Sue...
...first piece of real legislation Barack Obama signed as the 44th President of the United States helps ensure that workers discriminated on the basis of gender have a fair chance to sue their employers. The Lilly Ledbetter Fair Pay Act is named after a woman who was paid less than her male co-workers at an Alabama tire factory. Ledbetter did not set out to be an activist; she did not even involve herself in politics much. But after the Supreme Court ruled against her, she decided it was time to start. (See pictures of Barack Obama's Inauguration...
...bill changes the Civil Rights Act so that workers can sue up to 180 days after receiving any discriminatory paycheck...