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22 Dec 2016, 12:20 pm by Philip R. Stein
With 2016 rapidly drawing to a close, here are some thoughts regarding the types of litigation and legal/regulatory issues that will likely be top-of-mind for financial services companies, especially mortgage companies and banks, in 2017: RMBS Suits and Mortgage Repurchase or Indemnification Claims I admit it—I never would have thought, when I started working on cases of this type back in 2009, that new waves of residential mortgage-backed… [read post]
22 Dec 2016, 12:20 pm by Philip R. Stein
With 2016 rapidly drawing to a close, here are some thoughts regarding the types of litigation and legal/regulatory issues that will likely be top-of-mind for financial services companies, especially mortgage companies and banks, in 2017: RMBS Suits and Mortgage Repurchase or Indemnification Claims I admit it—I never would have thought, when I started working on cases of this type back in 2009, that new waves of residential mortgage-backed… [read post]
11 Jul 2008, 5:12 pm
Jitters about the solvency of Fannie Mae and Freddie Mac, two government-sponsored mortgage financing companies, took a big toll on financial-industry stocks Friday. [read post]
30 Oct 2013, 9:57 am by Karen M. Morgan
  From there, he explained how the CFPB took into account input from the industry in drafting and revising the new mortgage rules, focusing on “open, inclusive, transparent decision-making. [read post]
26 Jan 2011, 7:25 am by Joel J. Greenwald, Esq.
Long story short: if an employee makes or sells the Company’s main product or service, the employee is not an exempt administrator. [read post]
8 Feb 2008, 2:18 am
Citing a new national report on subprime mortgages, Arizona Attorney General Terry Goddard said today that the mortgage industry needs to reach out to more homeowners at risk of foreclosure if the nation’s housing crisis is to be brought under control. [read post]
28 May 2012, 1:59 pm
Lenders and mortgage servicers are involved in an ever-more-complex industry. [read post]
13 Jul 2007, 8:08 am
Kevin Lacroix of D&O Diary nominates them as the flavor of the year in financial litigation: The most obvious center of concern [as to legal risk exposure] are companies in the subprime lending and mortgage backed securities industries. [read post]
5 Jul 2018, 8:18 am by Staff Attorney
The law offices of Gana Weinstein LLP continue to investigate the Woodbridge Group of Companies and the Woodbridge Mortgage Funds (Woodbridge). [read post]
2 Feb 2012, 12:33 am
., a company which provides integrated technology, data, and analytics to the mortgage and real estate industries, responded to the civil complaint filed by the Nevada Attorney General against the company in December 2011, by filing a Motion to Dismiss. [read post]
12 Feb 2024, 10:00 pm by Sherica Celine
Practitioners can access the tool to gain an understanding of regulatory requirements on disclosures and statutory fees that may be charged by a company servicing consumer residential mortgages. [read post]
23 May 2011, 7:37 am by Ashby Jones
Harris is expected to announce Monday a new law-enforcement effort aimed at mortgage-industry practices, people familiar with the initiative said. [read post]
21 Feb 2012, 6:32 am
Many in the mortgage industry thought the Supreme Court would do whatever was helpful to the mortgage industry -- nice to see that this was a mistaken belief. [read post]
31 Jul 2011, 3:00 pm
The bank has also dedicated a mortgage specialist to manage each modification from beginning to end, a practice heralded in the mortgage service industry as award winning and the first of its kind. [read post]
14 Oct 2009, 10:00 am
NYCIDA also offers qualified companies abatements on sales, real estate and mortgage taxes. [read post]
28 Jul 2015, 6:46 pm
The Consumer Financial Protection Bureau has been sending strong messages across the real estate industry lately with its aggressive campaign against companies who they believe have made material misrepresentations which improperly suggested the lender was affiliated with a United States governmental entity or the company advertising its mortgage products was endorsed, sponsored by, or affiliated with a governmental program to consumers. [read post]
28 Jul 2015, 6:46 pm
The Consumer Financial Protection Bureau has been sending strong messages across the real estate industry lately with its aggressive campaign against companies who they believe have made material misrepresentations which improperly suggested the lender was affiliated with a United States governmental entity or the company advertising its mortgage products was endorsed, sponsored by, or affiliated with a governmental program to consumers. [read post]
25 Jun 2010, 7:42 am by Glenn Reynolds
That marks the lowest level since the company started tracking the data in 1971 and breaks the most recent low set in December. [read post]
23 Dec 2008, 2:44 pm
Meanwhile, financial industry groups are pushing to use the bailout fund to help a wider array of companies, including automotive financing companies such as GMAC Financial Services. [read post]
1 Nov 2012, 6:30 am by Keith Mullen
 Under MEAF, loss reserves are based on a formula that “includes a moving eight month moving ratio of company to industry experience with minimum to maximum limits. [read post]