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7 Jun 2013, 1:43 pm by Reid F. Herlihy
  For further information, please review the articles linked below: TILA ban on mandatory arbitration in mortgage loans takes effect June 1 CFPB proposes delay effective date of Reg Z prohibition on financing credit insurance premiums CFPB issues more small entity compliance guides for mortgage-related rules CFPB proposes amendments to final mortgage escrow account rule CFPB final ECOA appraisal rule issued CFPB issues final rules on mortgage… [read post]
3 Jun 2013, 10:37 am by Editorial Board
Bank under claims for breach of contract, breach of the duty to avoid conflict of interest, breach of fiduciary duty, negligence and breach of express contract. [read post]
29 May 2013, 2:03 pm by Martin Schwartz
(e) Requires disclosure by directors of an Association of contracts with affiliates of any director and requires approval of two thirds of directors for such contracts. [read post]
27 May 2013, 8:38 am by Rebecca Tushnet
  The facts have to make you wonder (as with the mortgage industry): what other clerical errors are insurers making, and how do they affect policyholders? [read post]
23 May 2013, 12:39 pm by Glenn R. Reiser
 The New Jersey Administrative Code § 13:45A-16.2(12)(i)-(vi) sets forth the requirements necessary in a home improvement contract. [read post]
23 May 2013, 7:52 am by Nicole Kellner-Swick
For example, the FFIEC advises that “if a financial institution offers residential mortgage lending and maintains a presence on Facebook, the Equal Housing Opportunity logo must be displayed on its Facebook page, as applicable. [read post]
19 May 2013, 9:01 pm
The court explained that while a financial institution may contract with a mortgage servicer to service a loan, the mortgage servicer does not transfer a service to the borrower. [read post]
15 May 2013, 6:55 am by Joel R. Brandes
Court of Appeals Paternity - Defense of Equitable Estoppel - Applied to Deny Non-Biological Father Right to Deny Paternity In Commissioner of Social Services on Behalf of Elizabeth S. v. [read post]
14 May 2013, 9:41 am
Engineering, Procurement and Construction Contracts (“EPC”). [read post]
13 May 2013, 12:18 pm by Editorial Board
On May 6, monoline insurer MBIA announced that it had reached a $1.7 billion settlement with Bank of America in connection with alleged fraud and breach of contract claims related to Countrywide-issued mortgage-backed securities insured by MBIA. [read post]
13 May 2013, 8:00 am by Reid F. Herlihy
During the mortgage lending initiatives session, Ben Olson (CFPB’s Deputy Assistant Director of the Office of Regulations) summarized the Bureau’s January 2013 mortgage regulations, covering ability to repay/qualified mortgages, mortgage servicing rules, loan originator compensation,high-cost home loans, and escrow accounts. [read post]
7 May 2013, 2:03 pm by Editorial Board
On April 29, Justice Eileen Bransten of the New York State Supreme Court issued an opinion granting in part and denying in part competing motions for summary judgment filed by MBIA and Countrywide in connection with tort and contract claims MBIA asserted concerning its insurance policies wrapping certain Countrywide RMBS. [read post]
4 May 2013, 12:06 pm by Rebecca Tushnet
  Finding services—Apple, Google, Twitter—make disturbing decisions, like Apple not allowing a track drone strikes app; Google refuses to change autocompletes that suggest someone was a sex worker; Twitter doesn’t promote Occupy hashtags as others think it should be. [read post]
3 May 2013, 8:02 am
They argue that the deck is stacked against them, in that the title company is in effect selected before the contract is even signed. [read post]
2 May 2013, 5:16 pm by admin
Garbinski also operated a mortgage broker business called Main Street Mortgage Services, which did business as Asset Mortgage and Financial Services, Inc., and he was a title insurance agent. [read post]
30 Apr 2013, 6:24 am by Rebecca Tushnet
  Plaintiffs alleged that their Louisiana mortgage contracts disclosed that Wells Fargo would pay for default-related services when necessary, but never disclosed that the servicer could mark up the actual costs of those services to make a profit. [read post]
20 Apr 2013, 9:58 am by Frank Pasquale
Meanwhile, most of Group B is too busy working several jobs to use contracts, law, or agents to its advantage in that way. [read post]