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Law - "Supreme Court to Hear Arguments Next Week in States' Challenge to 'Preemption' of Regulation"
25 Nov 2006, 9:20 am
It is rare for so many states to support a particular legal position, but they were eager to do so, said Dan Schweitzer, Supreme Court counsel of the National Association of Attorneys General. [read post]
14 Nov 2006, 10:50 pm
From last weekend's National Mortgage News Daily Briefing (e-mail subscription required): Lawyers Eyeing Option ARM Suits? [read post]
14 Nov 2006, 12:25 pm
" But I will try to summarize the highlights of my case as they lower the bar for almost every required element in an adverse possession claim and negate any protection of property rights associated with the routine acts normally conducted by land transaction professionals. [read post]
1 Nov 2006, 10:10 pm
No hidden agendas in our nation's capitol, are there? [read post]
30 Oct 2006, 11:10 pm
However, she said New York already would have addressed problems with exotic mortgage products, including disclosures and underwriting standards, if the OCC had not preempted such rules for national banks. [read post]
25 Oct 2006, 12:17 am
Wal-Mart says it was seeking someone for an employee-mortgage program. [read post]
15 Oct 2006, 9:29 am
(B) Transactions [FN1] between any of the entities described in subparagraph (A)(i) or (A)(ii) involving non-assignable contracts to buy or sell the foregoing securities which are to be completed within two years, where the seller of the foregoing securities pursuant to any such contract is one of the parties described in subparagraph (A)(i) or (A)(ii) who may originate such securities and the purchaser of such securities pursuant to any such contract is any institution described in subparagraph… [read post]
24 Aug 2006, 11:44 am
[JURIST] Government-sponsored mortgage dealer Fannie Mae [Federal National Mortgage Association website] announced Thursday that the US Department of Justice (DOJ) has discontinued its two-year investigation [press release] into alleged accounting violations, though criminal prosecutions could still be brought against individual employees. [read post]
12 Aug 2006, 7:14 am
The Commission, in consultation with the Federal banking agencies and the National Credit Union Administration, shall prepare a model summary of the rights of consumers under this title with respect to the procedures for remedying the effects of fraud or identity theft involving credit, an electronic fund transfer, or an account or transaction at or with a financial institution or other creditor [read post]
24 May 2006, 2:56 pm
[JURIST] Regulators at the US Securities and Exchange Commission (SEC) and the Office of Federal Housing Enterprise Oversight (OFHEO) [official websites] have announced a $400 million settlement [press release] with the Federal National Mortgage Association, or Fannie Mae [official website]. [read post]
3 Jan 2006, 8:24 am
Mortgage application rates fell to an 11-month low in mid-December, according to the Mortgage Bankers Association. [read post]
12 Dec 2005, 9:12 am
" Roadblocks to filing The difficulty in finding lawyers to handle bankruptcies pro bono has become a big national problem, said Henry Sommer, president of the National Association of Consumer Bankruptcy Attorneys. [read post]
1 Dec 2005, 12:47 pm
"We're at the point today where there are no hard and fast rules," said Kurt Pfotenhauer, senior vice president of government affairs for the Mortgage Bankers Association. [read post]
12 Oct 2005, 8:38 am
[JURIST] A federal judge on Wednesday blocked New York Attorney General Eliot Spitzer [official website] from investigating national banks' lending practices, which Spitzer believed to be charging minorities higher interest rates on home mortgage loans. [read post]
