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22 Aug 2011, 2:00 am
Click here to read the remainder of After the OTS—Should Thrifts Convert to Commercial Banks. [1] For example, securities firms engaged in underwriting and dealing activities not permitted generally under the Glass-Steagall Act, as well as insurance companies, could own thrifts, but not commercial banks prior to the Gramm-Leach Bliley Act of 1999 (Pub. [read post]
21 Aug 2011, 1:02 pm
August 1, 2011). [read post]
19 Aug 2011, 4:00 am
If the public desire a really free press, they must not look to it as a source of taxation; and if they are anxious for truth, for elevated and elevating sentiments, for ideas matured by study and reflection, and an honest exposition of grievances, they must recognise original articles as property, and secure them against a plundering appropriation by a copyright.1 Free Ride — Robert Levine, author of Free Ride, has a companion blog where he discusses issues and themes… [read post]
18 Aug 2011, 6:25 am
I have restructured the subcommittees as follows: 1. [read post]
16 Aug 2011, 6:08 am
This interim rule was effective January 30, 2011 and compliance with these clarification provisions is optional until October 1, 2011. [read post]
12 Aug 2011, 9:26 am
We will not work accounts that have been secured by the client by way of predatory lending practices 4. [read post]
11 Aug 2011, 9:17 am
Nobody respectable should lend this man a soapbox ever again. [read post]
5 Aug 2011, 11:00 am
BHARARA serves as a co-chair of the Securities and Commodities Fraud Working Group. [read post]
3 Aug 2011, 11:38 am
Over 10 years, MERS -- owned by major banks -- it is said to have saved $1 billion. [read post]
2 Aug 2011, 10:26 am
www.attorney-ri.com 1-888-RI-LAWLINE [read post]
29 Jul 2011, 5:23 pm
The type of trust used in conjunction with mortgage-backed securities is called a REMIC trust… it’s an acronym that stands for Real Estate Mortgage Investment Conduit… and there are strict rules imposed by both the Internal Revenue Code and the Pooling and Servicing Agreements that govern the transfer of loans into such trusts. [read post]
29 Jul 2011, 7:59 am
(b) The rights of reproduction and distribution under this section apply to three copies or phonorecords of an unpublished work duplicated solely for purposes of preservation and security or for deposit for research use in another library or archives of the type described by clause (2) of subsection (a), if — (1) the copy or phonorecord reproduced is currently in the collections of the library or archives; and(2) any such copy or phonorecord that is reproduced in digital… [read post]
29 Jul 2011, 7:26 am
Treasury yields serve as the risk-free rate and function as a base rate for U.S. dollar based lending rates, higher treasury yields would likely translate into higher long term borrowing costs for all corporations. [read post]
28 Jul 2011, 2:59 pm
Credit card lenders know this, and their predatory lending practices are coming under fire. [read post]
28 Jul 2011, 10:06 am
www.attorney-ri.com 1-888-RI-LAWLINE [read post]
26 Jul 2011, 5:22 pm
www.attorney-ri.com 1-888-RI-LAWLINE [read post]
26 Jul 2011, 4:26 pm
YAM also argued that ING had failed to show that it was damaged by any breach because it had provided no evidence regarding the value or status of the property that had been used to secure Ramon's loan. [read post]
21 Jul 2011, 9:10 am
Cecala, publisher of trade publication Inside Mortgage Finance, estimates hard-money loans will account for about 1% of the 5.5 million mortgages expected to be originated this year. [read post]
20 Jul 2011, 3:20 pm
As a result, investors in the United States and around the world would be less likely to lend us money in the future. [read post]
20 Jul 2011, 6:50 am
[Continued from yesterday’s Part 2 and the preceding Part 1.] [read post]