A Massachusetts judge on Thursday granted a request to unseal testimony by Mitt Romney in the decades-old divorce of Staples founder Tom Stemberg. Maureen Sullivan Stemberg sued her husband in 1990, arguing that he had failed to reveal the true value of Staples stock in their property settlement agreement.
Those "standard" agreements big businesses like to impose on small clients are one-sided deals intended to protect their interests while reducing or eliminating your legal rights altogether. Before you sign on the dotted line, consider this cautionary example.
On Oct. 20, New York courts ordered attorneys for foreclosing banks to swear they'd personally confirmed that their documents are true and accurate. But a Brooklyn judge has taken things a step further. Since the banks aren't complying, he has started throwing out foreclosure cases.
After a 16-day review of its foreclosures, Bank of America says it found no problems with any of them, and now it's ready to resume processing the paperwork. But that's a claim so unbelievable it doesn't pass the straight-face test. Here's why.
The Mortgage Bankers Association said they tumbled 10.5% last week, the biggest fall-off in four months. While the foreclosure crisis may be playing a role in the decline, rising interest rates are also partly to blame.