Search for: "Second Federal Savings & Loan Association" Results 21 - 40 of 345
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31 Dec 2017, 5:12 pm by Wolfgang Demino
TAGS: alternative-theories, federal-preemption, National-Bank-Act, post-chargeoff-interest, usury - posted 12/17/17Other Circuits should follow the Second Circuit in Madden v Midland Funding and create national uniformity in protecting pre-crash victims of predatory lending (2017 Law Review article by Angel Rzeslawski) (paraphrased). [read post]
3 Aug 2020, 10:40 am by Jeremy T. Rosenblum and James Kim
§1463(g) (a near-identical provision of the Home Owners’ Loan Act (HOLA)) that the assignee of a loan made by a national bank or federal savings association may charge the same interest rate that the bank or savings association is authorized to charge under federal law. [read post]
1 Jun 2020, 11:26 am by Jeremy T. Rosenblum
§1463(g) (a provision of the Home Owners’ Loan Act) that the assignee of a loan made by a national bank or federal savings association can charge the same interest rate that the bank or savings association is authorized to charge under federal law. [read post]
1 Mar 2021, 2:28 pm by Jeremy T. Rosenblum
The OCC has filed a reply in support of its cross-motion for summary judgment in the lawsuit filed by state AGs to enjoin the OCC’s final rule (Rule) purporting to override the Second Circuit’s Madden decision as to national banks and federal savings associations. [read post]
29 Dec 2014, 7:07 am by Barbara S. Mishkin
  Banks, savings associations, and credit unions with assets at or below $44 million as of December 31, 2014 are exempt from collecting HMDA data in 2015. [read post]
10 Feb 2022, 11:54 am by Glen P. Trudel and Ronald K. Vaske
 The rules provide that a loan made by a national bank, federal savings association, or federally-insured state-chartered bank that is permissible under applicable federal law (Section 85 of the National Bank Act (NBA) or Section 27 of the Federal Deposit Insurance Act (FDIA)) is not affected by the sale, assignment, or other transfer of the loan. [read post]
After analyzing the comments sent in response to the proposed rule, the OCC rule was finalized, providing that when a national bank or state or federal savings associations sells, assigns, or transfers a loan, the interest that was permissible prior to the transfer continues to be permissible following the transfer, regardless of state usury laws which implement caps on interest rates. [read post]
11 Dec 2017, 6:12 am by Scott M. Pearson
”  The bill would amend the Home Owners’ Loan Act to add similar language regarding service providers to and persons having economic relationships with federal savings associations. [read post]
10 Nov 2015, 3:48 pm by Robert Loeb
  Going one step further, Midland asserts the Second Circuit’s reasoning is all the more troubling because it is equally applicable to loans originated by savings associations and state-chartered federally insured banks. [read post]
19 Feb 2012, 3:11 am by Mandelman
Dix, 47 U.S.C. 507 (1848) and its progeny; see also Home Building & Loan Association v. [read post]
22 Oct 2011, 11:56 am
QRM loans are also only available as first-lien mortgages for a purchaser’s primary residence or second-liens for refinancing existing loans. [read post]
24 Sep 2008, 7:49 pm
The companies have poor bond ratings, meaning they would only qualify for double-digit interest rates on the open market.Doing some quick math, that's $100 million in saving for every $1 billion in loans, so with $25 billion in loans that's $2.5 billion in "savings"/subsidies! [read post]
11 Feb 2012, 11:33 pm by Kent Anderson
  In this setting, a home owner could also remove the lien of a wholly unsecured home equity line of credit (HELOC) or second mortgage. [read post]
1 Nov 2008, 1:13 am
Today Prime Minister Stephen Harper appointed a new federal cabinet. [read post]
13 May 2010, 3:06 am by Mandelman
Making Home Affordable was slated to be roughly a $380 billion federal program. [read post]
10 May 2010, 9:19 am by Mandelman
The Federal Trade Commission is in final weeks of its process to create a rule intended to regulate how law firms and other licensed professionals must operate as related to helping homeowners obtain loan modifications. [read post]
30 Aug 2010, 6:28 am
The end of the federal home-buyer tax credit in April may also be considered a problem, the article suggested. [read post]
6 Feb 2012, 2:45 am by Renee Newman Knake
As a recent Forbes article pointed out, “Even individuals earning $150,000 can achieve savings if they managed to rack up $100,000 or more in federal student loans by attending graduate or professional school. [read post]