For those that would like to obtain briefs filed with the Supreme Court you may now get them from ABA web site below: To locate them enter case name or argument date.
The link is as follows:
http://www.abanet.org/publiced/preview/briefs/home.html
Pam

Donald Shumaker refinanced his home in 2004. He originally financed his home for $76,500. His house was hit with strong winds that knocked down trees and damaged his roof. He decided when he fixed the roof that he would remodel and add a driveway. He increased the loan value to $156,000.00 [...]

Lenders reported that for the third quarter of this year, 17.9 million homes stand empty throughout the U.S. That is a 7.8 percent increase from the same time period last year. 7.3 percent of these empty homes were owned by borrowers with subprime, adjustable rate mortgages.
“New foreclosures have risen to a [...]

Here is an article from the New York Times which brings some perspective to the real estate crash. “At this juncture, economists say the troubles in the mortgage market could, all told, cost financial firms and investors up to $400 billion.
That is far more than the roughly $240 billion cost, adjusted for inflation, of [...]

Here is an interesting article which discusses the government’s motivation for finally taking action to “fix” the sub-prime melt down. In a nut shell, the theory is that until the problem started to affect the big banks, everyone in power was fine allowing the market to address the problem. That is, as between [...]

Countywide Financial Corporation announced it will put $16 billion towards helping subprime borrowers with adjustable mortgages that are due to rise later this year. Countrywide will either ease the terms or refinance the mortgages to a fixed rate. This change will help approximately 52,000 borrowers.
“In a statement, the company says …. subprime [...]

This report that existing home sales have posted a record decline will not shock anyone. The pundits who have declared the worst is over are not correct — but that too is no surprise. Many forget that one of the primary jobs of the certain quasi governmental agencies is to maintain confidence, which [...]

For the first time, an entity controlled by the Chinese government has purchased a stake in a Wall Street firm. Specifically, a Chinese entity will buy up to 9.9% interest in Bear Stearns. While some are concerned about the proposal, others fear that in buying this position, it limits Bear’s ability to get [...]

Lynn Brewer is the author of Confessions of an Enron Executive: A Whistleblower’s Story. Ms. Brewer claims to have been a former Enron executive. She has made hundreds of thousands of dollars for her company chronicling her time and experience at Enron. She is being recognized by the Nobel Peace Center for [...]

Ranking among the Top 10 in Chicago, Neumann Homes one of the “ largest homebuilders, announced on Monday that it intends to file for bankruptcy.”
“The company said in a press release at 5 p.m. that it had been “unable to procure adequate funding” to operate its business. Marketing director Jean Neumann said that despite other [...]