November 28, 2010 | Filed under: Class Actions

Source: Danny Jacobs, Daily Record Legal Affairs Writer

Patience is a necessity for the consumer class-action lawyer. Cases lasting years are the norm, and discovery can involve a warehouse full of documents. Then there are the defendants, who can be the biggest names in industry.


November 19, 2010 | Filed under: Mortgage, Real Estate & Housing

Source: Ariana Eunjung Cha and Brady Dennis, The Washington Post

The financial services industry has launched an aggressive campaign on Capitol Hill to bolster the legality of the way companies have turned mortgages into securities and traded them across the globe in recent years.