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9 Jan 2020, 7:57 am
In the letter, the NYDFS discusses the types of transactions that will be impacted by the discontinuation of LIBOR, which include consumer loans and residential mortgage loans, and emphasizes the significant risks the discontinuation presents if not appropriately managed. [read post]
7 Jan 2020, 1:34 pm
According to the complaint, Ramon Walker is the owner and operator of Mortgage Solutions FCS, Inc., a broker connecting residential mortgage lenders with prospective borrowers. [read post]
6 Jan 2020, 7:09 am
They claim that the court had no jurisdiction to order the sale because the seller was not licensed as a mortgage lender and, apart from that, ... [read post]
30 Dec 2019, 4:00 am
ERISA allowed reformation of plan to fix impermissible definition of retirement eligibility and recalculation of benefits. http://ca2.uscourts.gov/decisions/isysquery/3cb5f6ef-79b3-4dde-8223-03947098d9ef/1/doc/18-487_opn.pdf#xml=http://www.ca2.uscourts.gov/decisions/isysquery/3cb5f6ef-79b3-4dde-8223-03947098d9ef/1/hilite/ Auction of residential mortgages by repo lender met good-faith standard for crediting value of mortgages against loan.… [read post]
20 Dec 2019, 5:26 am
Residential real estate buyers and sellers often wonder what a real estate closing attorney does other than conduct the actual closing. [read post]
20 Dec 2019, 2:00 am
Key Findings Thirty-four states have major tax changes taking effect on January 1, 2020. [read post]
19 Dec 2019, 8:30 am
Justice Maxwell Wiley of the Supreme Court of New York on Wednesday granted Paul Manafort’s motion to dismiss an indictment from March that charged him with crimes of residential mortgage fraud, falsifying business records and scheming to defraud. [read post]
3 Dec 2019, 8:02 am
Court of Appeals for the Eighth Circuit held that the purchaser of residential mortgage loans could not require the seller of the loans to repurchase purportedly defective loans under their agreement after the loans had gone through foreclosure. [read post]
2 Dec 2019, 4:30 pm
Dollar closed-end residential adjustable rate mortgages. [read post]
2 Dec 2019, 1:58 pm
The first is to encourage mortgage lenders to offer really long mortgages at fixed (low) rates of interest. [read post]
2 Dec 2019, 7:52 am
December 1, 2019New Website for LawyersTrial of a New York Matrimonial and Custody Action (www.nysdivorce.net) deals with the trial of a New York matrimonial and custody action. [read post]
29 Nov 2019, 8:02 am
If the monthly payments are too high, which means it’s hard to pay your mortgage and contribute to your retirement account, then bankruptcy allows a financial reset. [read post]
19 Nov 2019, 9:52 am
CitiMortgage filed suit against Equity, demanding that Equity repurchase 12 residential mortgage loans. [read post]
14 Nov 2019, 2:03 pm
Paul Mangione, a former Deutsche Bank executive, has reached agreement, with the United States to settle a civil action filed in September 2017 in which the United States sought civil penalties for Mangione’s conduct in connection with Deutsche Bank’s marketing and sale of two residential mortgage-backed securities (RMBS) in 2007. [read post]
13 Nov 2019, 11:14 am
Once the closing gets underway, you will: Review all of the mortgage documents and sign them. [read post]
5 Nov 2019, 3:25 pm
Take the sentencing of Gail Cooper, who was sentenced for the employment tax crimes she committed as owner of a commercial and residential glass installation company, Greenville Architectural Glass (GAG). [read post]
31 Oct 2019, 8:22 am
Finally, the value is further reduced by the current balance of any mortgages or liens against the real estate. [read post]
30 Oct 2019, 1:07 pm
., the FDIC, acting as receiver for Guaranty Bank, brought claims against the defendant bank under the TSA stemming from the sale of residential mortgage-backed securities prior to the financial crisis. [read post]
30 Oct 2019, 1:07 pm
., the FDIC, acting as receiver for Guaranty Bank, brought claims against the defendant bank under the TSA stemming from the sale of residential mortgage-backed securities prior to the financial crisis. [read post]
30 Oct 2019, 7:24 am
A decade after the start of the foreclosure crisis, the symposium examined the state of homeownership in America, focusing on the evolving relationship between tenure choice, financial security, and residential stability. [read post]
