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9 Oct 2017, 11:32 am
Like those bills, H.R. 3299 would add the same language (with the word “section” changed to “subsection” when appropriate) to the provisions in the Home Owners’ Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act that provide rate exportation authority to, respectively, federal savings associations, federal credit unions, and state-chartered banks. [read post]
4 Oct 2017, 8:47 am
National Disaster Legal Aid Online – NDLA (available at: http://www.disasterlegalaid.org) is a collaborative effort of Lone Star Legal Aid, the American Bar Association, the Legal Services Corporation, the National Legal Aid and Defender Association, and Pro Bono Net. [read post]
5 Sep 2017, 5:30 am
It was a structural argument about federalism. [read post]
31 Aug 2017, 4:44 pm
Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA), guaranteed by the United States Department of Veterans Affairs (VA), and purchased by the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) that did not meet applicable requirements, the Justice Department announced today. [read post]
31 Aug 2017, 12:59 pm
OCC On August 24, the OCC issued a Proclamation that permits national banking associations, federal savings associations, and federal branches and agencies of foreign banks to close offices in the areas affected by the emergency conditions for as long as deemed necessary for bank operation or public safety. [read post]
13 Aug 2017, 6:00 am
By Richard Cooper, Luke Barefoot, Adam Brenneman and Antonio Pietrantoni1 If there is one thing that all stakeholders in Puerto Rico’s fiscal crisis can agree on (and there are likely not many such things), it is that, without real economic growth, the commonwealth of Puerto Rico will neither be able to repay its creditors nor offer its residents a viable, let alone prosperous, future. [read post]
12 Aug 2017, 8:33 pm
That is, if you were white, you could have your mortgage guaranteed. [read post]
22 Jul 2017, 9:06 am
Class action lawsuits our law firm has been involved in or spear-headed have led to substantial awards totalling over a million dollars to organizations including the National Association of Consumer Advocates, the National Consumer Law Center, and local law school consumer programs. [read post]
19 Jul 2017, 3:49 pm
DOJ to Expand Prosecutions, Asset Forfeiture In a July 17, 2017 speech before the National District Attorneys Association in Minneapolis, U.S. [read post]
7 Jul 2017, 6:10 pm
These include her recent opinion lamenting the lack of meaningful political oversight of drone strikes, an opinion raising doubts about rational basis review of economic regulations, and a dissent arguing that the Recovery Act does not preclude suits by Federal National Mortgage Association and Federal Home Loan Mortgage Corporation shareholders against the Federal Housing Finance Agency. [read post]
26 Jun 2017, 1:35 pm
Jared Kushner’s real estate firm received a $285 million loan from Deutsche Bank as part of a refinancing deal for one of its properties, right as the bank was in negotiations to settle a federal mortgage fraud case and charges from New York state regulators that it participated in a Russian money-laundering operation, the Post reports. [read post]
25 Jun 2017, 10:14 am
In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required. [read post]
8 Jun 2017, 7:52 am
” The 2013 bulletin provided updated guidance for managing operational, compliance, reputation, strategic, and credit risk presented by third-party business relationships of national banks and federal savings associations. [read post]
30 May 2017, 12:58 pm
Associates Commercial Corp. [read post]
19 May 2017, 12:23 pm
., Appellants,v.FINANCIAL FREEDOM SENIOR FUNDING CORPORATION; FINANCIAL FREEDOM ACQUISITION, LLC; AND FEDERAL NATIONAL MORTGAGE ASSOCIATION A/K/A FANNIE MAE, Appellees. [read post]
19 May 2017, 12:23 pm
.; OneWest Bank, FSB; IndyMac Mortgage Services; and Deutsche Bank National Trust Co., Appellees. [read post]
13 May 2017, 4:02 am
In 2012, 25% of senior citizens had to declare bankruptcy due to medical expenses or were forced to mortgage their residences. [read post]
27 Apr 2017, 6:49 am
The National Association of Realtors has already labeled the proposal a “non-starter. [read post]
4 Apr 2017, 1:46 pm
The nation’s largest professional association of real estate appraisers today urged Congress to protect the independence of real estate appraisers in the federal program that provides housing loans to military veterans. [read post]
4 Apr 2017, 3:01 am
The survey which will be addressed to around 1.500 so-called “less significant banks” (which are under direct national supervision of BaFin and German Central Bank) has the aim to give the regulators an overview of the impacts associated with different interest scenarios. [read post]
