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Results: 1-10 of 31

Equitable tolling allowed in alleged scheme reinsuring private mortgage insurance

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 13 2013

Plaintiff homeowners filed a putative class against Bank of America Corp. ("BOA"), Bank of America Reinsurance Corp. ("BOARC") and three primary

CFPB announces enforcement actions against four mortgage insurance companies for illegal kickbacks to lenders

  • Bricker & Eckler LLP
  • -
  • USA
  • -
  • April 4 2013

In Washington, D.C., today, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray announced that four mortgage insurance companies are

Fannie announces hazard insurance change for vacant properties

  • BuckleySandler LLP
  • -
  • USA
  • -
  • March 8 2013

On March 6, Fannie Mae issued Servicing Guide Announcement SVC-2013-04, which requires servicers to cancel hazard insurance coverage (for both

Bond insurers gain on banks in assured guaranty RMBS case, but questions remain

  • Jorden Burt LLP
  • -
  • USA
  • -
  • February 23 2013

The 2008 financial crisis included a wave of defaults on collateralized debt obligations, and some of those defaults caused enormous losses to

Federal rules effective dates

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • December 17 2012

Joint Final Rule - Commodity Futures Trading Commission; Securities and Exchange Commission

Rights and obligations of landlords and tenants when leased premises suffers casualty damage caused by Hurricane Sandy

  • Fox Rothschild LLP
  • -
  • USA
  • -
  • November 19 2012

The obligations of a landlord as an owner of a commercial property (i.e., office, retail, manufacturing facility, warehousedistribution facility, etc.) to repair and restore casualty damage to such property are found in two documents pertaining to the property (i) a mortgage and security agreement constituting a lien on the property when recorded in the County Clerk’s office where the property is situate and (ii) a lease between the landlord and tenant

CFPB declines to modify or set aside civil investigative demand

  • Leonard, Street and Deinard
  • -
  • USA
  • -
  • September 24 2012

The CFPB has commenced an investigation to determine whether the practice of ceding premiums from private mortgage insurance companies to captive reinsurance subsidiaries of certain mortgage lenders violates Section 8 of the Real Estate Settlement Procedures Act, or RESPA

“Slam dunk” liability defense does not abrogate duty to defend

  • Neal Gerber & Eisenberg LLP
  • -
  • USA
  • -
  • September 12 2012

In Home Federal Savings Bank v. Ticor Title Insurance Company, No. 1:10-cv-0999 (Sept. 6, 2012), the Seventh Circuit held that the title insurer owed the policyholder mortgage company a defense against a mechanic’s lien complaint seeking priority over or parity with the mortgage

Summary of HUD’s LEAN 232 Program E-mail Blast: Office of Residential Care Facilities (ORCF), August 29, 2012

  • Pepper Hamilton LLP
  • -
  • USA
  • -
  • September 7 2012

In an effort to summarize the highlights of the LEAN Email Blasts that we receive, and rarely have time to review in a timely fashion, we at Pepper Hamilton are providing this quick synopsis of the latest LEAN update

Supreme Court to address whether statutory injury creates Article III standing

  • Quinn Emanuel Urquhart & Sullivan LLP
  • -
  • USA
  • -
  • July 25 2012

In Edwards v. First American Financial Corp., No. 10-708, the United States Supreme Court will decide an important question of Article III standing that will have broad-reaching impact on many industries, including the insurance and reinsurance industries

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