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  The Act also permits eligible business concerns who previously received PPP loans to apply for a second draw of PPP loan proceeds (a Second Tranche PPP Loan), albeit by adopting generally more restrictive eligibility criteria and reducing the maximum amount of proceeds available for a second PPP loan. [read post]
31 Dec 2020, 8:54 am by Rich Vetstein
From speaking to all my real estate friends, agents, lawyers and lenders, the general consensus is that the Massachusetts real industry averted major disaster. [read post]
29 Dec 2020, 7:35 am by Annette Burns
  Woynton is not overruled:  Woynton said that as a general rule, equal or near-equal parenting time is presumed to be in a child’s best interests, but that doesn’t absolve the court’s best interests requirement. [read post]
28 Dec 2020, 3:52 pm by Maurice W. McLaughlin
PPP funds were generally supposed to be used for (and would only be forgiven for) use in covering payroll, mortgage interest, rent, and utility payments. [read post]
28 Dec 2020, 1:14 pm by John B. Palley
Generally speaking after your loved one has died you should notify the reverse mortgage company. [read post]
28 Dec 2020, 9:03 am by Michael Cannan
You still have rent or mortgage to pay, groceries to buy, and installments on your car. [read post]
27 Dec 2020, 9:02 am by Michael Cannan
Insurance companies will fight very hard to deny injury victims a fair and just settlement because they want their profits to rise as high as possible. [read post]
 Foley is available to assist in interpretation of any of the federal COVID assistance for your business and can help you find ways to claim and/or use available funding for your company. [read post]
17 Dec 2020, 7:54 am by Philip R. Stein
The subpoenas generally seek documents pertaining to the originators’ contracts with WAMU and Long Beach Mortgage Company and communications related to any such contracts or agreements. [read post]
The shareholders claimed that such actions falsely maintained an inflated stock price for the company, and the subsequent drop harmed the shareholders when the government began reporting allegations of the company’s “client conflicts in certain collateralized debt obligations on subprime mortgages that the firm structured and sold before the financial crisis. [read post]
11 Dec 2020, 4:50 pm by Amy Howe
In the same set of orders, the justices added one unrelated case to their merits docket for the term: a petition filed by investment bank Goldman Sachs, which is the defendant in a class action lawsuit alleging that the company engaged in securities fraud by making false statements about its business practices, knowing that it had conflicts of interests in transactions involving subprime mortgages. [read post]
11 Dec 2020, 1:01 pm by luiza
  The SEC alleged that Applied BioSciences issued a fraudulent press release on March 31, 2020, claiming that it had begun offering finger-prick COVID-19 tests for use by the general public. [read post]
9 Dec 2020, 4:05 pm by Amy Howe
Hashim Mooppan, who serves as a counselor to the acting U.S. solicitor general, represented the federal government. [read post]
8 Dec 2020, 6:34 am by Patrick J. Boot
By way of example, digital negotiable instruments, such as promissory notes, are commonplace in electronic mortgage closings. [read post]
3 Dec 2020, 8:30 pm by Jim Sedor
On the other side, the PACs of companies continue to grapple with diminished clout partly due to contribution limits set long ago that do not budge for inflation. [read post]
27 Nov 2020, 9:05 pm by Peter Jacobs
Student loan servicers—nine of which currently dominate the market—are companies that administer student loans on behalf of the U.S. [read post]