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5 May 2016, 7:46 am
”In recent years, many contracts for consumer financial products and services – from bank accounts to credit cards – have included mandatory arbitration clauses. [read post]
2 May 2016, 10:11 am
Plaintiff Bank of New York Mellon Trust Company, N.A., as trustee of a CMBS deal, alleged that Morgan Stanley breached an environmental conditions contract representation, requiring Morgan Stanley to repurchase an $81 million mortgage loan. [read post]
19 Apr 2016, 12:32 pm
In their article, Peter and Chris discuss the substantive implications that class certification appellate decisions may have for disparate impact retail pricing claims alleged against assignees of motor vehicle retail installment sale contracts. [read post]
15 Apr 2016, 9:00 am
Both holdings will have an important and immediate impact on mortgage lenders and servicers operating in Michigan, and may wield significant influence in other jurisdictions as well. [read post]
11 Apr 2016, 3:24 am
As Thomas Hoey, Jr., the formerly wealthy, self-proclaimed “Banana King,” sits in his prison cell serving lengthy sentences for beating up his mistress and for what the New York Post describes as “his callous attempt to cover up a wild coke orgy in a Manhattan hotel room that ended with one woman dead of an overdose,” and as he awaits sentencing for his subsequent conviction for stealing from the employee pension fund of his bankrupt, wholesale banana company, I suppose… [read post]
11 Apr 2016, 3:24 am
As Thomas Hoey, Jr., the formerly wealthy, self-proclaimed “Banana King,” sits in his prison cell serving lengthy sentences for beating up his mistress and for what the New York Post describes as “his callous attempt to cover up a wild coke orgy in a Manhattan hotel room that ended with one woman dead of an overdose,” and as he awaits sentencing for his subsequent conviction for stealing from the employee pension fund of his bankrupt, wholesale banana company, I suppose… [read post]
5 Apr 2016, 7:34 am
Dissolution of marriage -- Equitable distribution -- Marital/non-marital assets -- Prenuptial agreement -- Error to include as marital asset in equitable distribution scheme the portion of value of former husband's premarital home attributable to appreciation and contribution of marital funds to pay down home equity line of credit and mortgage where prenuptial agreement provided that husband would be entitled to any and all e [read post]
14 Mar 2016, 2:56 am
In Hantz Financial Services, Inc. v. [read post]
4 Mar 2016, 6:32 am
For the relators to be able to bring a successful FCA claim against a mortgage servicer for defrauding Fannie Mae, they have to show that Fannie Mae is a "governmental entity" for the purposes of the False Claims Act. [read post]
1 Mar 2016, 6:29 am
Your Monthly Mortgage Payment Read over your mortgage documents again. [read post]
29 Feb 2016, 12:33 pm
So the partnership was receiving advance payments for services it would render. [read post]
27 Feb 2016, 12:08 pm
Is your house paid for, or are you carrying a mortgage that will need to be covered if you pass away suddenly? [read post]
23 Feb 2016, 7:38 am
Using a personal check is not acceptable for paying the full purchase price, but they may be fine for smaller amounts, like covering the pro-rata share of a service contract or purchasing some of the seller’s furnishings. [read post]
18 Feb 2016, 11:17 am
The applicant is encouraged by the Act to obtain a reverse mortgage or home equity loan to reduce equity.Commentary: This restriction is not as severe as it may first appear and may actually present some planning opportunities5. 6015 CCRC Contracts. [read post]
16 Feb 2016, 4:50 pm
In 2006, Carlyle organized CCC, a Guernsey Island affiliate, to invest in residential mortgage backed securities (RMBS). [read post]
2 Feb 2016, 7:36 am
If a Buyer wants an appraisal to make a purchase decision, they could include an appraisal contingency in the purchase contract; if they do not like what the appraisal reveals, they can bow out of the contract. [read post]
2 Feb 2016, 4:42 am
We tend to think of nonemployee compensation simply as freelance pay but it also includes fees, commissions, prizes and awards for services performed as a nonemployee (assuming that the services are not paid to a corporation). [read post]
1 Feb 2016, 5:47 pm
NORMAN HARRIS SERVICES, INC.; GORDON CUTHBERTSON; and ENVIROGREEN LANDSCAPE MAINTENANCE, INC., a Florida corporation, Appellees. 2nd District. [read post]
1 Feb 2016, 10:37 am
” COPPA created incentives to develop services that are one-way, television-like broadcasting services. [read post]
28 Jan 2016, 2:39 am
The CML consulted with the legal sector and the financial services regulator (FCA) on this amendment. [read post]
