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27 Aug 2012, 2:30 pm by Editorial Board
  The guidelines: (i) offer a streamlined approach for borrowers most in need; (ii) enable servicers to quickly and easily qualify certain borrowers who are current on their mortgages for short sales; (iii) provide for Fannie Mae and Freddie Mac to waive the right to pursue deficiency judgments in exchange for a financial contribution when a borrower has sufficient income or assets to make cash contributions or sign promissory notes; (iv) offer special treatment for military personal… [read post]
27 Aug 2012, 2:30 pm by Editorial Board
The guidelines: (i) offer a streamlined approach for borrowers most in need; (ii) enable servicers to quickly and easily qualify certain borrowers who are current on their mortgages for short sales; (iii) provide for Fannie Mae and Freddie Mac to waive the right to pursue deficiency judgments in exchange for a financial contribution when a borrower has sufficient income or assets to make cash contributions or sign promissory notes; (iv) offer special treatment for military personal with… [read post]
27 Aug 2012, 3:00 am
Payment of vacation leave accruals upon separation from employment Bolin v Nassau County Bd. of Coop. [read post]
24 Aug 2012, 4:23 pm by BuckleySandler
After years of discussion and analysis by industry groups, consumer advocates, regulators, and Congressional committees, the Consumer Financial Protection Bureau (“CFPB”) has finally proposed a rule (the “Proposed Rule” or “Rule”) that merges the Truth in Lending Act (“TILA”) and Real Estate Settlement Procedures Act (“RESPA”) mortgage loan disclosures. [read post]
23 Aug 2012, 1:55 pm by Ilya Somin
The Supreme Court planned to address some of the constitutional issues raised by dubious asset forfeitures in the 2009 case of Alvarez v. [read post]
22 Aug 2012, 5:25 am by Lucas A. Ferrara, Esq.
To view a copy of the Appellate Division's decision, please use this link: Renga v. [read post]
21 Aug 2012, 9:49 am
Administrative Law Judge recommends a five-year debarment of public works contractor Office of the NYC Comptroller v Abbey Painting Corporation, OATH Index #2544/11 OATH Administrative Law Judge Faye Lewis found that a contractor violated the NYS Labor Law by failing to pay prevailing wages and supplemental benefits to six employees on four public works contracts. [read post]