Two Illinois law firms specializing in mortgage creditor's rights have announced that they will merge as of Oct. 1.Shapiro & Kreisman LLC and Fisher and Fisher, Attorneys at Law, PC said the new firm will operate as Fisher and Shapiro LLC and maintain its principal office in Northbrook, Ill., as well as an office in Chicago. Elizabeth Kaplan Meyers will be the managing attorney for the combined operation. Gerald Shapiro, a partner in the new venture, said the merger is "a natural move for both of our firms, as the legal needs of our clients continue to require increased investment in technology as well as the retention of highly experienced attorneys and staff."
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Lenders may not be able to fully respond to the broader government-sponsored enterprises' rollout of VantageScore 4.0 yet but there is one thing they can do now.
September 11 -
Sellers are easing demands as rates hit 15-month highs, giving buyers leverage. Originators: target sideline buyers before next week's Fed hike lifts rates further.
September 11 -
The decrease in jumbo availability accounted for much of the drop in the latest mortgage credit index, as conforming and government offerings were unchanged.
September 11 -
The consumer price index rose 0.4% last month, in line with July's reading. For a monetary policy committee that has been split on inflation, the inconclusive report will compel the Fed to make a call on whether to raise interest rates or stay put.
September 11 -
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
September 11 -
The current transaction has the largest collateral pool that the platform has issued all year, with 294 loans, and it has the highest percentage of conforming loans, at 45.1%.
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