AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Documents submitted to a court are supposed to be true as submitted. As an attorney, if I file with a court a document in which I swore that I personally verified the information contained within the document is true, but I didn't actually do that, I'd get in real trouble. It's simple: That's fraud in the eyes of the court. ...
(Oct. 1) -- The devil is in the details, but who has time to read them? Bank of America today announced that it will halt foreclosures in 23 states. The reason, according to BofA, is that the company rarely, if ever, actually read any of the 7,000 to 8,000 foreclosure documents it mailed out to struggling homeowners each month, CBS News reported. As a result, the bank may have missed errors or not reviewed faulty information provided by law firms that could have reversed a foreclosure decision. Sponsored Links In a deposition, a bank official was candid about the reason that she did not ...
At Thursday's House Financial Services Committee hearing on systemic regulation, Chairman Barney Frank, Democrat of Massachusetts, argued that it is time to stop using taxpayer funds to save firms that pose a systemic risk to the U.S. economy. Frank knows exactly how he wants to put this practice to an end: "There will be 'death panels' set up by Congress to put these institutions out of business," he said. ...
Follow Politics Daily
POPULAR
News From Our Partners




Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services