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25 Jul 2011, 11:17 am by Law Lady
New York Attorney General Eric Schneiderman sent subpoenas in June to units of AXA SA, Genworth Financial Inc., Guardian Life Insurance Co. of America, Manulife Financial Corp., Massachusetts Mutual Life Insurance Co., MetLife Inc., etc.Title Insurance: CALIFORNIA FEDERAL JUDGE ORDERS ARBITRATION IN TITLE INSURANCE DISPUTE, In re Cal. [read post]
16 Apr 2021, 8:43 am by Kristian Soltes
Visa’s Incentives to Banks Examined In Justice Department ProbeBloomberg Law – April 8, 2021 (subscription required) The U.S. antitrust investigation of Visa Inc. is scrutinizing deals the company has with banks to entice them to process more online debit-card transactions over its network — spending that surged amid coronavirus lockdowns. [read post]
25 Jan 2011, 7:24 am by Mandelman
In the debate over whether the mortgage-backed securities of recent years “taste great,” or are “less filling,” it appears that institutional investors and some of the world’s largest insurance companies are now saying that they’re less filling… as in Countrywide and Bank of America neglected to include the mortgage-backed part, and instead sold them empty “securities. [read post]
30 Jul 2021, 7:58 am by Kristian Soltes
How Wyoming Is Leading on CryptocurrencyLaw360 – July 23, 2021 (subscription required) Despite being the legal home of 67.8% of all Fortune 500 companies, Delaware faces an unlikely competitor in the blockchain space. [read post]
26 Aug 2024, 9:01 pm by renholding
In addition, the RFI observes and seeks comments on the growth of bank-fintech arrangements relying on an intermediate technology platform to facilitate relationships between banks and other fintech companies and the implications of such relationships. [read post]
19 May 2012, 2:37 pm by Lovechilde
As for the profits extracted by the lending industry, Gary Rivlin, who wrote Broke USA: From Pawnshops to Poverty, Inc. -- How the Working Poor Became Big Business, says the poor pay an effective surcharge of about $30 billion a year for the financial products they consume and more than twice that if you include subprime credit cards, subprime auto loans, and subprime mortgages. [read post]
21 Oct 2010, 6:53 am by Dennis Hursh
Source: National Association of Real Estate Investment Trusts, Inc. [read post]
10 Apr 2020, 1:59 pm by Sherin and Lodgen
As of April 10, 2020, twelve (12) banks, including Bank of America, Boston Private Bank & Trust Company, Cambridge Trust Company, Century Bank, Citizens Bank, City of Boston Credit Union, Dedham Savings Bank, Eastern Bank, Mortgage Network Inc., Prime Lending, Salem Five Bank, and Santander Bank have agreed to defer at least three (3) months of mortgage payments for residential borrowers in Boston who prove they have been financially impacted by the COVID-19… [read post]
22 Aug 2007, 1:27 am
Shareholders in bankrupt mortgage lending companies have filed lawsuits, as have mortgage borrowers and investors in mortgage-backed securities. [read post]
4 Dec 2007, 12:15 am
ALM Privacy Policy / Contact Us © 2007 ALM Properties, Inc. [read post]
15 Sep 2010, 12:13 pm by Rebecca Tushnet
Edriver Inc., 633 F. [read post]
25 Jul 2007, 1:24 am
ALM Privacy Policy / Contact Us © 2007 ALM Properties, Inc. [read post]
16 Jun 2021, 11:59 am by Jason Rantanen
Nike, Inc., 568 U.S. 85 (2013)), or dedicated to the public under 35 U.S.C. [read post]
14 Jun 2013, 5:14 am by Rebecca Tushnet
Electronic Arts, Inc., No. 11-3750 (3d Cir. [read post]
6 Oct 2020, 8:42 am by Shannon O'Hare
KEY POINTS FOR TRADERS No banking licence required Transfer by assignment is commonplace(novation is problematic) Participation agreements are used although not yet judicially tested Trusts are not a recognised legal concept Security agents cannot act as trustees for all lenders Non-resident lenders subject to a 19 per cent withholding tax, subject to exceptions Loan transfers not subject to stamp duty unless they are registrable… [read post]
25 Apr 2018, 3:39 am by Florian Mueller
Then there was Apple, which generally had a great deal of urgency in cases in which it was the only part asserting offensive claims, or was asserting more or potentially more impactful ones, while taking its time when defending itself--but nowhere near as extreme as some Android companies. [read post]