According to the announcement, the new offices are in addition to the firm’s Parsippany headquarters and Freehold office. The Hackensack office, located at 411 Hackensack Avenue, # 200, will primarily serve clients in northern New Jersey. The Basking Ridge office is at 233 Mt. Airy Road, Suite 100 and will focus on clients in southwest ...

The company, the Atlanta-based Ocwen Financial Corp., will pay $2.1 billion in principal reduction, cash payments and other fees under the terms of the settlement in federal court, New Jersey’s acting attorney general said in a news release. The high-risk mortgage loans servicer was accused of causing premature and unauthorized foreclosures, as well as violations ...

According to the announcement, the firm’s new office occupies the entire 11th floor of 7 Penn Center in Philadelphia. Parker Ibrahim & Berg also has an office at 5 Penn Plaza in New York City. Parker Ibrahim & Berg was recently recognized by the New Jersey Law Journal as one of the top five large ...

The bill, dubbed the “New Jersey Social Innovation Act” and released by the Senate Economic Growth Committee after a unanimous vote with amendments, is geared toward encouraging private investment in the field and keeping public spending down. Under the legislation, eligible entities would be provided with a loan funded by private investors administered by the ...

The Senate Economic Growth Committee unanimously voted to release the bill, which would publish the location and contact information for every licensed winery in the state. It now heads to the full Senate for a vote. Ed Wengryn, field representative and research associate for the New Jersey Farm Bureau testified before the panel that as ...

“This settlement provides relief to a large number of individual consumers who were subjected to unacceptable mortgage servicing practices,” Hoffman said in a release. “It also ensures appropriate reforms in PHH’s mortgage-servicing operations.” The settlement requires no admission of wrongdoing or liability. It consists of $3.62 million in restitution for more than 2,000 borrowers across ...

The bill, which is sponsored by four Assembly Democrats, was released with a 3-1 vote by the Assembly Consumer Affairs Committee. Sponsors claim prohibiting requirements found in consumer contracts that disputes be settled out-of-state will help to level the playing field between consumers and businesses. “Consumers deserve fair consideration when it comes to resolving these ...

Port Authority Chairman David Samson told NJBIZ this week his Authority is “in compliance” with its obligations, despite the recent $400 million lawsuit.But Jersey City Mayor Steven Fulop was quick to answer Samson’s claim. Fulop said on Twitter (embedded below), referring to the Authority’s delayed response as well as Samson’s claim, “they finally woke up ...

“I just remember her being such a strong woman and a kind woman,” Murray said. “Phyllis was always the voice of reassurance for my mother.” So from a young age, Murray set her sights on matrimonial law, a field that has brought her a great deal of success. This month, she made partner in a ...

So one of the first awards under the controversial Economic Opportunity Act goes to one of the most controversial projects in recent history. Sounds about right. Triple Five, of course, is the last developer standing that thinks it can reboot Xanadu into American Dream, a shopping and entertainment paradise in the shadow of MetLife Stadium. ...