Obama Bail Out Money

iVillage Member
Registered: 04-04-2001
Obama Bail Out Money
2
Fri, 12-02-2011 - 5:17pm
Dennis Blackmon: Georgia Judge Mocks U.S. Bank Over Denied Mortgage Modification


First Posted: 11/15/11 01:31 PM ET

iVillage Member
Registered: 07-11-2006
Sat, 12-03-2011 - 1:00pm

Fortunately the SJC has decided that state fair lending laws are not preempted by federal banking regulations. Hopefully this mean the judge in Georgia will have some impact.

In a victory for homeowners across this nation, the Supreme Court reversed, in part, and affirmed, in part, a Second Circuit ruling that had validated a regulation of the Office of the Comptroller of the Currency (OCC) that interpreted the National Bank Act to pre-empt state attorneys general from enforcing state fair lending laws against national banks.
iVillage Member
Registered: 10-25-2006
Sat, 12-03-2011 - 5:36pm

Thank you, Judge Blackmon.

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