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3 Jul 2014, 4:17 pm
FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages (AUD-2014-014) - 07/01/2014 “Banks that traditionally service mortgage loans backed by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) have been selling the rights to service troubled loans (e.g., delinquent or in default) in bulk to new companies… [read post]
5 Jan 2010, 6:38 pm
That point was perhaps reached roughly a month ago when Dubai had a default (it was corporate debt, but of a corporate entity where the government was a major holder). [read post]
15 Apr 2019, 2:58 pm
MAPS will publish a national strategy and its corporate plan for 2020-2023 (setting out how MAPS will organize, encourage and monitor the national strategy) in autumn 2019. [read post]
24 Jan 2011, 5:01 am
Taxes would be paid, but all federal government services would stop. [read post]
25 Dec 2012, 7:16 am
National Healthcare Corporation (NHC) has been operating nursing homes since 1971. [read post]
11 Apr 2017, 10:09 am
Apparently the Administration doesn’t like poor people in the United States any more than abroad, as it made clear by trying to end the Legal Services Corporation. [read post]
20 Jul 2009, 2:35 pm
The new Minister for Financial Services , Superannuation and Corporate Law, Chris Bowen MP, introduced the 3 Bills in the consumer credit reform package into Parliament on 25th June 2009. [read post]
10 Nov 2011, 1:42 pm
National Intergroup, Inc., 582 A.2d 923, 929 (Del. 1990), the Delaware Supreme Court addressed a shareholder-proposed bylaw limiting the number of directors. [read post]
4 Jul 2018, 7:27 pm
About 20,000 people could not pay these extra fees, went into default, and had their cars repossessed. [read post]
15 Sep 2014, 9:32 am
On appeal, Grand River argues that the default judgment must be set aside because (1) the State failed to comply with the rules governing the service of process on foreign corporations; and (2) the district court did not have personal jurisdiction over Grand River when it entered the default judgment. [read post]
11 Apr 2017, 3:01 pm
Is it an autonomous community, like a nation-state? [read post]
20 Apr 2011, 4:46 am
The Bankruptcy Law Network has posted an article that discusses how LPS (formerly named Fidelity National Default Solutions), which is responsible for nearly half of all mortgages in the US, had an "epidemic of forged mortgage documents" for April...and the month isn't even over yet. [read post]
10 Mar 2010, 11:23 am
This makes debt prices more accurate and holds borrowers, be they sovereigns or corporations, better to account. [read post]
22 Aug 2017, 9:10 am
TERI later became insolvent because of excessive defaults that triggered its guaranty obligations, and filed for bankruptcy. [read post]
23 Mar 2022, 1:25 pm
These are particularly concentrated in the areas of software and IT services and consumer services as well as energy products and commodities such as wheat and corn. [read post]
4 Aug 2015, 1:35 pm
“Moody’s views this event as a default,” Emily Raimes, vice president at Moody’s Investors Service, said in a statement, adding that payment of “debt service on these bonds is subject to appropriation, and the lack of appropriation means there is not a legal requirement to pay the debt, nor any legal recourse for bondholders. [read post]
9 Sep 2013, 7:41 am
Recent news reports regarding the alleged purchase of personal information by a corporate investigative service firm in Shanghai have raised questions about the possibility of obtaining information about domestic Chinese companies from government corporate registration agencies. [read post]
9 Sep 2013, 7:41 am
Recent news reports regarding the alleged purchase of personal information by a corporate investigative service firm in Shanghai have raised questions about the possibility of obtaining information about domestic Chinese companies from government corporate registration agencies. [read post]
18 May 2020, 8:52 am
We previously blogged about Virginia’s enactment last month of a law requiring student loan servicers to be licensed by the Virginia State Corporation Commission (“Commission”). [read post]
28 Sep 2022, 1:25 pm
A non-stock corporation is not a non-profit by default. [read post]
