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6 Oct 2020, 10:32 am by DONALD SCARINCI
Facts of the Case In 2008, Congress enacted the Housing and Economic Recovery Act (HERA), which created the Federal Housing Finance Agency (FHFA) as an independent agency to oversee the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
6 Oct 2020, 8:42 am by Shannon O'Hare
  SECURITY AND TRUSTS / AGENCY Trusts are not a recognised legal concept in Spain. [read post]
30 Sep 2020, 1:55 am by Kevin Kaufman
Both the state and local tax deduction (SALT) and the home mortgage interest deduction were capped. [read post]
16 Sep 2020, 1:05 pm by Amy Howe
House Committee on the Judiciary on Dec. 2; one week later, they will hear oral argument in a high-stakes dispute arising out of the government’s rescue of mortgage-finance firms Fannie Mae and Freddie Mac after the 2008 financial crisis. [read post]
The recent focus on alleged false and misleading advertising related to VA mortgages may be the result of efforts by the CFPB to fulfill its statutory obligation to “coordinate efforts among Federal and State agencies, as appropriate, regarding consumer protection measures relating to consumer financial products and services offered to, or used by, service members and their families. [read post]
8 Sep 2020, 1:16 pm by Michael R. Guerrero
Exempted from the CCFPL are persons acting under the authority of one of the following licenses, certificates, or charters issued by the DFPI: Escrow agents licensed under Division 6 of the Financial Code; Finance lenders, brokers, program administrators, and mortgage loan originators licensed under Division 9 of the Financial Code; Broker-dealers and investment advisers licensed under Division 1 of Title 4 of the Corporations Code; Residential mortgage lenders,… [read post]
4 Sep 2020, 5:28 am by Shannon O'Hare
Mortgages over real estate and other security to be registered in the Danish Chattel Register (e.g. floating [read post]
12 Aug 2020, 9:53 am by Paolo Olavario
On July 27, Fitch published an updated ratings methodology titled EMEA Equity Release Mortgage Bespoke Rating Criteria. [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]
6 Aug 2020, 2:30 pm by kblocher@hslf.org
Preventing entanglements but not vessel strikes is like paying your mortgage but not your taxes. [read post]
30 Jul 2020, 10:00 pm by Shannon O'Hare
SECURITY AND TRUSTS / AGENCY Finnish law does not recognise trust structures and therefore there is no concept of a security trustee. [read post]
29 Jul 2020, 1:19 pm
Among some of the most common white-collar crimes are: Computer and Internet crimes, such as: Stealing data, including healthcare information, financial credentials, and entire identities Pirating content or products that have copyright (intellectual property theft) Making threats via email, social media, or other online sources Fraud and money laundering, including: Credit card fraud Check fraud Securities fraud Healthcare fraud, including Medicare fraud … [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]
16 Jul 2020, 12:24 pm by G. Blane Clark
interest payments on any business mortgage obligation on real or personal property that was incurred before February 15, 2020 (but not any prepayment or payment of principal); payments on business rent obligations on the real or personal property under a lease agreement in force before February 15, 2020; and business utility payments for the distribution of electricity, gas, water, transportation, telephone, or internet access for which service began before February 15, 2020. [read post]
  In the case of Main Street Priority Loans and Expanded Loans, the Main Street Loan must be on a senior or pari passu basis in terms of collateral and payment priority with the borrower’s other debt (except for “mortgage debt”, which is generally defined as  (i) debt secured by real property or (ii) limited recourse equipment financings, including capital or finance leases). [read post]
3 Jul 2020, 6:43 am by Florence Campbell Jones
However, rating agencies DBRS Morningstar, Moody’s and Scope Ratings forecast a decline in the securitisations of non-performing exposures in Italy in the coming months, particularly in relation to corporate SME loans. [read post]
25 Jun 2020, 6:47 am by Sami Azhari
These businessmen claimed to have numerous employees working for multiple corporate entities, when they actually had zero employees. [read post]
18 Jun 2020, 7:26 am by Kristian Soltes
This is because these networks, except the National Payments Corporation of India (NPCI), are domiciled in foreign jurisdictions. [read post]