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5 Dec 2014, 11:00 am by Marsha Tesar
See to it that the mortgage and insurance payments are paid while the estate is being settled. [read post]
5 Dec 2014, 6:21 am by Seyfarth Shaw LLP
”  Justice Breyer suggested that the Court doesn’t need to decide whether the Administrator’s Interpretation is entirely invalid, but can simply direct the lower courts to take the DOL’s reversal in position into consideration in deciding how much deference to extend the agency’s guidance. [read post]
24 Nov 2014, 11:00 am by Marsha Tesar
Maybe you want to go in a different direction all together. [read post]
19 Nov 2014, 12:58 pm by John Elwood
The cases ask whether a debtor whose first mortgage is undersecured may strip off a second mortgage on the same property. [read post]
14 Nov 2014, 12:20 pm by WynnAndWynn
This ruling is important in that it provides some direction to future creditors, in Chapter 7 no asset bankruptcy cases, who are faced with a debtor who is seeking to “strip-off” a creditor’s mortgage lien in bankruptcy. [read post]
14 Nov 2014, 8:08 am by Joe May
Believing that limits on campaign funds are a direct impediment to the First Amendment right of free speech, he has opposed past reform efforts. [read post]
13 Nov 2014, 7:02 am by Allison Tussey
Attorney Fishman credited special agents of the FBI, under the direction of Special Agent in Charge Aaron T. [read post]
11 Nov 2014, 9:15 am by Maureen Johnston
Caulkett 13-1421Issue: Whether, under Section 506(d) of the Bankruptcy Code, which provides that “[t]o the extent that a lien secures a claim against the debtor that is not an allowed secured claim, such lien is void,” a Chapter 7 debtor may “strip off” a junior mortgage lien in its entirety when the outstanding debt owed to a senior lienholder exceeds the current value of the collateral. [read post]
11 Nov 2014, 9:13 am by James Hamilton
The current tax code must also be examined since they have a strong bias against equity and favor both corporate debt and mortgage debt. [read post]
9 Nov 2014, 9:30 pm by Roberta Romano
Rather than address shadow banking and the GSEs explicitly, the focus of Dodd-Frank directed at the subprime mortgage market’s contribution to the crisis is a requirement that mortgage securitizers retain 5% of the securities of non-qualified mortgages. [read post]
6 Nov 2014, 6:19 am by Adam Weinstein
The rule change would require broker-dealers to include a per-share estimated value for an unlisted direct participation program (DPP) or a REIT on customer statements in addition to other related disclosures. [read post]
5 Nov 2014, 12:18 pm by Kelly Phillips Erb
I think they’re both safe: chances are, things aren’t going to change in either direction nearly as much as people want to say they will, members of Congress included. [read post]
5 Nov 2014, 6:20 am by Ray Garcia
Unlike Chapter 13, the debtor is not required to repay debt under a court-directed three or five year repayment plan. [read post]