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18 May 2012, 7:32 am
Quick Loans assigned the deed of trust and promissory note to Option One Mortgage Corporation, which later assigned them to FV-1, Inc., which later assigned them to Deutsche Bank, which appointed Saxon Mortgage Services, Inc. to service the loan. [read post]
4 Jun 2015, 11:30 am
Stone was Managing Director and head of the Mortgage and Asset-Backed Group at Prudential Bache. [read post]
4 Jun 2015, 11:30 am
Stone was Managing Director and head of the Mortgage and Asset-Backed Group at Prudential Bache. [read post]
21 May 2012, 6:22 pm
Similarly, courts have treated exempt parties (corporations) as covered parties where the use of the exempt party was a subterfuge, as when the real recipient of the loan was a person and the insertion of a corporation into the transaction was for the sole purpose of evading the usury laws. [read post]
22 Jul 2017, 9:06 am
Since most individuals have small claims against corporations, class actions are the only method they have for justifying the costs of the lawsuit. [read post]
13 Oct 2022, 3:35 am
Combining the benefits of a corporation and a partnership, an LLC protects its members’ personal assets from business liabilities, avoids double taxation, and provides flexibility regarding its operations, management, and financial and voting rights. [read post]
23 Mar 2020, 4:19 am
However, these measures do not have an impact on LSIs; temporarily postpone the introduction of a floor for mortgage loan risk weighting. [read post]
18 Jun 2019, 8:27 am
Last month, the First American Financial Corporation—which provides title insurance for millions of Americans—acknowledged a cybersecurity vulnerability that potentially exposed 885 million private financial records related to mortgage deals to unauthorized viewers. [read post]
17 Oct 2017, 7:00 am
Plan provisions affecting businesses would: Provide a maximum 25% tax rate for “small” and family-owned businesses conducted as sole proprietorships, partnerships and S corporations; Reduce the corporate tax rate to 20% (down from the current top rate of 35%); Provide full expensing for five years; Partially limit the deduction for net interest expense incurred by C corporations; Repeal most deductions and credits, but retain the… [read post]
17 Oct 2017, 7:00 am
Plan provisions affecting businesses would: Provide a maximum 25% tax rate for “small” and family-owned businesses conducted as sole proprietorships, partnerships and S corporations; Reduce the corporate tax rate to 20% (down from the current top rate of 35%); Provide full expensing for five years; Partially limit the deduction for net interest expense incurred by C corporations; Repeal most deductions and credits, but retain the… [read post]
24 Aug 2011, 5:40 pm
The Ohio legislature passed new legislation which provided for the establishment of nonprofit corporations to promote, develop, manage, and facilitate the reclamation, holding, rehabilitation, and reutilization of vacant, abandoned, tax-foreclosed, and other real property. [read post]
24 Aug 2011, 5:40 pm
The Ohio legislature passed new legislation which provided for the establishment of nonprofit corporations to promote, develop, manage, and facilitate the reclamation, holding, rehabilitation, and reutilization of vacant, abandoned, tax-foreclosed, and other real property. [read post]
31 Mar 2011, 5:00 am
In other words, the process suggested in the proposals did not avoid the complexities but provided a mechanism for embracing them. [read post]
1 Apr 2008, 4:24 am
If not enough buyers are found to buy the securities at prices above the seller's reserve price, the auction fails and the securities revert back to the holders.Given estimates that investors hold approximately $300 billion in auction-rate securities, the fallout from failures in the market for these products could be significant -- continuing to impact both E&O and D&O coverage.We will continue to monitor developments related to the subprime mortgage/credit… [read post]
19 Dec 2013, 2:49 pm
The Support Magistrate properly deducted expenses from the wife's stated real estate business income and reduced her rental income by her mortgage payments and other carrying charges. [read post]
31 May 2011, 12:38 pm
In other words, the court read a very bad bargain into the terms of the notes.If the court’s holding were to become the rule, it would give rise to difficulties in determining the present value of corporate bonds and disrupt the corporate bond market. [read post]
16 Jun 2011, 1:53 am
As reported here, at the company’s May 10, 2011 shareholder meeting, holders of a majority of shares of Hercules Offshore Corporation voted against the advisory executive compensation resolution. [read post]
30 Mar 2011, 8:55 am
Mortgage servicers are required to act in the best interests of the investors who own the mortgages. [read post]
3 Jan 2010, 7:01 pm
Monthly operating reports are required to be filed on a monthly basis by chapter 11 debtors and provide details of the companies' financial performance during the bankruptcy case.Capmark and its affiliates voluntarily filed for bankruptcy protection in October. [read post]
19 Dec 2007, 12:38 am
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Municipal Law
Wednesday, December 19, 2007
By Jeffrey D. [read post]
