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Sheppard Mullin Richter & Hampton
On April 24, the CFPB released its latest edition of Supervisory Highlights detailing the agency's actions taken to combat "junk fees" it alleges are charged by mortgage servicers.
Goodwin Procter LLP
On April 24, 2024, the CFPB released its Supervisory Highlights, Mortgage Servicing Edition, (Issue 33, Spring 2024) which provides insight on the CFPB's current focus in examining mortgage loan servicers.
Goodwin Procter LLP
On April 22, FinCEN proposed to renew its existing information collection requirements previously promulgated under the BSA, estimated the regulatory burden that this renewal...
Cadwalader, Wickersham & Taft LLP
On March 5, 2024, the Supreme Court of the State of New York, ruled that an obvious scriveners error in a guaranty, exempting a guarantor from full recourse liability for the loan's debT.
Holland & Knight
Although the overall economy is improving, the real estate sector continues to confront serious challenges.
Ward and Smith, P.A.
As its name suggests, a charging order "charges" the LLC or LLP with the repayment of an unsatisfied judgment by requiring it to pay the judgment creditor the distributions it would otherwise pay the judgment debtor.
Kutak Rock LLP
On April 16, 2024, the IRS published Rev. Proc. 2024-21, which sets out the new (2024) average area purchase prices for mortgage revenue bonds and mortgage credit certificates...
Seward & Kissel
An assignment of charter is a security agreement whereby a party (typically, a vessel owner) that has entered into a charter assigns its rights under such charter to a secured party...
Mayer Brown
This Legal Update has been updated on changing requirements from the Federal Housing Administration ("FHA") regarding branch offices.
Mayer Brown
In an effort to help struggling borrowers stay in their homes, the US Department of Housing and Urban Development's ("HUD" or "Department") Federal Housing Administration...
Kutak Rock LLP
These HUD income numbers are also the IRS's safe harbor income limit guidance for single family mortgage revenue bonds (MRBs) and mortgage credit certificates...
Arnold & Porter
The Bankruptcy Court for the Southern District of New York (the Bankruptcy Court) recently addressed whether Hudson 888 Owner LLC (the Mortgage Debtor)...
Cadwalader, Wickersham & Taft LLP
The New York County Supreme Court recently held that in the event of foreclosure, a receiver can be appointed, regardless of necessity, when the parties have contracted for such appointment.
Riker Danzig LLP
This case explores the impact of New Jersey's entire controversy doctrine in a foreclosure action involving counterclaims between multiple parties.
Dickinson Wright PLLC
In Michigan, every document submitted for recordation with a register of deeds must adhere to MCL 565.201.
Mayer Brown
This article focuses on the residential mortgage market, and specificall mortgages that were originated electronically. The firs part provides context regarding the existing laws...
Mayer Brown
The New York Department of Financial Services (NYDFS) finalized guidance on how the banks and mortgage institutions it regulates (New York Institutions)...
K&L Gates
In Bolwell & Anor v NWC Finance Pty Ltd & Ors [2024] VSC 30, the Supreme Court of Victoria clarified that a lawyer will not be a "controller" of property within the meaning of section 9...
Riker Danzig LLP
In February 2024, the New Jersey Appellate Division affirmed a trial court's decision on a motion to dismiss rejecting a property owner's unjust enrichment claims.
Mayer Brown
We are pleased to introduce the latest episode of Navigating Mortgage M&A, a collaborative effort between Mayer Brown and Mortgage Advisory Partners.
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