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10 Oct 2020, 11:29 am by Renae Lloyd
The Fund reportedly  invests in asset-backed debt securities that represent interests in pools of mortgages or other assets, including securities backed by assets such as residential and commercial real estate, corporate debt. [read post]
Conflicted remuneration regulations for mortgage brokers passes On 17 September 2020, Parliament passed the Financial Sector Reform (Hayne Royal Commission Response – Protecting Consumers) (Mortgage Brokers) Regulations 2020 (Cth) (Regulations), governing the remuneration of mortgage brokers from 1 January 2021. [read post]
6 Oct 2020, 8:42 am by Shannon O'Hare
In addition, it should be noted that funds cannot benefit from floating mortgages in Spain, and particular care needs to be taken in the review of mortgage backed loans. [read post]
25 Sep 2020, 8:55 pm by Flupke van den Bogart
Q3 2023 At the time the review of the Shareholder Rights Directive 2 ((EU) 2017/828) (SRD 2) is due, the Commission will review whether it is possible to introduce an EU-wide definition of ‘shareholder’ and if and how the interaction between investors, intermediaries and issuers can be harmonised with regard to the exercise of voting rights and corporate action processing. [read post]
9 Sep 2020, 8:20 am
Some observers worry that, without government intervention, Manhattan may become a playground only for well-capitalized corporate giants. [read post]
Excluded are IDPS-like schemes, mortgage investment schemes, registered litigation funding schemes and time sharing schemes. [read post]
11 Aug 2020, 6:00 am by Kevin Kaufman
Since corporations owed less in corporate income tax each year, there was concern that the need for tax credits would fall, reducing investment for LIHTC-financed projects. [read post]
24 Jul 2020, 6:23 am by John Jascob
Complex and opaque mortgage-related securities, and derivatives based on those securities, embedded and concealed risk throughout the financial system.When the bubble burst starting in late 2007, hundreds of billions of dollars in losses in mortgages and mortgage-related securities sent a shock wave through markets around the world, compounded by derivatives losses. [read post]
3 Jul 2020, 6:43 am by Florence Campbell Jones
   Moratorium for mortgages and loans In addition to a moratorium on first-home mortgages, there is a moratorium applicable to credit granted to small and medium-sized enterprises (“SME“) until December 2020. [read post]
Similarly, the new mortgage broker best interest obligations were to commence on 1 July 2020, but these have been deferred until 1 January 2021. [read post]
29 May 2020, 6:10 am by Shannon O'Hare
SECURITY AND TRUSTS / AGENCY Under German law “assignment” (Abtretung), accessory securities such as mortgages, pledges and accessory guarantees (Bürgschaft) are automatically transferred to the new lender. [read post]
8 May 2020, 3:00 am by Jim Sedor
Many corporate PACs have preset budgets for donations to lawmakers. [read post]
1 May 2020, 2:11 am by Shannon O'Hare
France amended the Civil Code and made minor reforms to the Insolvency Rules in 2016 in order to provide investors with greater flexibility when conducting business in France and also to gradually shift towards a more creditor-friendly legal framework. [read post]
29 Apr 2020, 1:19 pm by Silver Law Group
ABSA is a pooled investment hedge fund, sold by Alliance Bernstein, whose “. . . portfolio is concentrated in mortgage-related securities, it also invests in asset-backed securities, consumer whole loans, and collateralized loan obligations, providing exposure to underlying collateral across residential and commercial mortgages, consumer and auto loans, as well as corporate loans. [read post]
15 Apr 2020, 9:51 am by Steven Boutwell
  Payments of eligible expenses related to covered mortgage or rent obligations and covered utility payments must relate to mortgage or lease obligations incurred or in force before February 15, 2020 and utility payments for which service began before February 15, 2020. [read post]
13 Apr 2020, 8:58 am by Renae Lloyd
Laws reportedly used the money to pay off earlier victims of his scheme, including partial restitution to the Sante Fe Gold Corporation from which he, as the corporation’s chief executive officer, had purportedly embezzled more than $1 million. [read post]