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9 Sep 2012, 9:00 pm
” This is great news for homeowners across the nation. [read post]
6 Sep 2012, 1:53 am
But at least according to a May 9, 2012 CFO.com article (here), due to the procedural burdens and costs associated with the JOBS Act’s crowdfunding provisions, crowdfunding is unlikely to be an attractive alternative for start-up companies. [read post]
5 Sep 2012, 7:37 pm
More fallout from the subprime mortgage bust and its aftermath, according to pundits quoted in the linked article. [read post]
4 Sep 2012, 6:29 am
AARMR is the trade association of state mortgage regulators that coordinates state-level regulation of the mortgage industry and, in partnership with the Conference of State Bank Supervisors (CSBS), created the National Mortgage Licensing System & Registry (NMLS). [read post]
30 Aug 2012, 11:25 pm
Head of the National Housing Federation David Orr said on their website We absolutely support the Montague report’s call for reform of, and more investment in, private (market) rented housing. [read post]
29 Aug 2012, 7:24 am
CAI National released the following update outlining these changes. [read post]
28 Aug 2012, 10:16 am
CAI National recently released the following communication addressing plans by the U.S. [read post]
25 Aug 2012, 4:24 pm
District Court for the Southern District of New York has decided that ex-Federal National Mortgage Association executives do have to contend with a Securities Exchange Commission enforcement lawsuit over their alleged role in underplaying just how exposed the company was to high risk loans. [read post]
16 Aug 2012, 1:27 am
National Australia Bank case, one of the last securities suits filed as part of the ed credit crisis-related litigation wave has been dismissed. [read post]
15 Aug 2012, 11:51 am
But the very popularity of PACE ran headlong into the FHFA, which oversees the Federal National Mortgage Association (“Fannie”) and the Federal Home Loan Mortgage Corporation (“Freddie”), the two government-sponsored entities that guarantee the majority of home mortgages in the U.S. [read post]
14 Aug 2012, 9:24 am
As a threshold matter, the court said that the Federal National Mortgage Association is not an exempt independent establishment of the United Statesunder Section 3(c) of the Exchange Act. [read post]
14 Aug 2012, 6:26 am
National Guard Technician Equity Act. [read post]
13 Aug 2012, 12:39 pm
The two consolidated actions allege violations of Sections 11 and 12(a)(2) of the federal Securities Act of 1933, as well as violations of the Kansas Uniform Securities Act, in connection with the sale of residential mortgage-backed securities. [read post]
9 Aug 2012, 3:00 pm
In February of this year, the nation’s five largest mortgage servicers agreed to a landmark $25 billion settlement with a coalition of state attorneys general and federal agencies. [read post]
7 Aug 2012, 3:15 pm
Admiralty -- Mortgages -- Preferred mortgage -- In rem admiralty action to foreclose a first preferred ship mortgage claimed by mortgagee bank on defendant vessel, which was assigned second identification number after execution of mortgage, documented under different name, and sold to third-party purchaser for value, all without notice to bank -- Third-party purchaser for value claims competing ownership interest in defendant vessel as subsequent innocent… [read post]
1 Aug 2012, 5:51 am
William Dwyer, President, National Sales and Marketing, LPL Financial Kenneth D. [read post]
31 Jul 2012, 9:30 pm
California Attorney General Kamala Harris sponsored the legislation, which will lock in some regulatory aspects of the $25 billion national settlement that resolved allegations that the nation’s five largest mortgage servicers engaged in questionable mortgage loan servicing and foreclosure practices. [read post]
31 Jul 2012, 5:10 am
Solis In the first case, the National Restaurant Association, Counsel of State Restaurant Associations, Inc., and National Federation of Independent Businesses sued the Secretary of Labor, Hilda L. [read post]
24 Jul 2012, 10:43 pm
Early in 2010, while speaking in Park City, Utah at the American Bar Association’s Conference on Consumer Financial Services, I cautioned the two hundred plus attorneys from financial institutions and mortgage servicers all over the country that were in the audience, that the proverbial pendulum was being allowed to go too far in their direction. [read post]
21 Jul 2012, 8:08 am
Bill was litigation director of the Federal Home Loan Bank Board, deputy director of the FSLIC, SVP and General Counsel of the Federal Home Loan Bank of San Francisco, and Senior Deputy Chief Counsel, Office of Thrift Supervision. [read post]
