Show Comments ▼ All 50 US states yesterday launched a joint investigation of the mortgage industry, a move some experts fear will cause uncertainty and threaten the recovery of the fragile housing market.The state attorneys general are looking at allegations some banks used shoddy or fraudulent paperwork to remove struggling borrowers from their homes during a foreclosure crisis that is one of the most visible wounds of the 2007-2009 recession.Industry experts warn the investigation could put the brakes on foreclosure proceedings. One of every four homes sold in the second quarter was a foreclosed property and any slowing could have an impact on the broader economy, as the housing market traditionally drives recoveries after a downturn. The US has an $11 trillion (£6.9 trillion) residential mortgage market. whatsapp Tags: NULL Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times KCS-content More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Wednesday 13 October 2010 8:02 pm US announces state probe of practices among mortgage firms
in order to effectively enhance the awareness of enterprises in accordance with the law, to guard against legal risks in the business, the Xining Municipal Bureau of justice in the city organized a lawyer to enter thousands of legal services. In August 27th, the city Bureau of justice held the city attorney into thousands of corporate legal services association, in the exchange of work experience, to further promote the activities carried out more in-depth and lasting.
it is reported that since April 2012 the city’s lawyers into thousands of enterprises (units) in 1000 Village (community) since the "double 1000" activities carried out in cooperation with the relevant units under the judicial and administrative departments at all levels in the city as the initiative of each firm and the majority of practicing lawyers as the enterprise leadership and management personnel as a cooperative. Together to build the city’s judicial and administrative, lawyers and enterprises "three linkage as a model, to promote the city’s lawyers into thousands of corporate legal services ongoing activities. The lawyer into thousands of corporate legal services is actually a legal education for the enterprise, to provide legal protection for the production and operation of enterprises, on the one hand, enterprises can effectively give the operation mechanism of enterprise internal examination, participate in the negotiations, prompt trial contract risk analysis of enterprise legal risk legal operation, safeguard the legitimate rights and interests of enterprises as agents create a good atmosphere for the enterprise, "the study of law, law, law, usage"; on the other hand, for the majority of lawyers, to actively expand the scope of legal services, enhance the legal team of Wu Suzhi, to the enterprise staff publicity of laws and regulations, and strive to provide quality and efficient legal services for enterprises. (author: Wang Xiaofang)