Posts Tagged ‘Law’

The $275 Billion Housing Bailout Big Question »

Wow! I have been a real estate attorney for thirty years and for perhaps the first time a real estate legal issue is making the news: Can a first mortgage be refinanced or modified without the consent of the second mortgagee? President Obama unveiled his $275 billion housing bailout yesterday, the core of which is mortgage modifications or

Legal Fees: Missing the Point »

Last Friday's (January 30) New York Times front page included an article about legal fees: "Billable Hours Giving Ground at Law Firms." This article raised the question whether clients were being treated fairly when the measure of a legal fee is the attorney's time expended. An obvious concern is whether an attorney compensated solely on the