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Results: 1-10 of 4,144

When “shall” means “shall”: Wisconsin Supreme Court requires mortgage lenders to sell abandoned properties in foreclosure

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • February 25 2015

Last week the Wisconsin Supreme Court issued its decision in Bank of New York v. Carson, 2015 WI 15, a case we previewed here. The case is

Financial institution cannot assign loans based on activities of third parties, says Massachusetts Supreme Judicial Court

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • February 25 2015

The Massachusetts Supreme Judicial Court (SJC) refused to allow a taxpayer, a financial institution, to assign its loan portfolios based on the

UDAAP council weekly UDAAP Standards Report - 2252015

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • February 25 2015

Every week, courts around the United States issue decisions addressing aspects of civil UDAAP claims. In an effort to illuminate the UDAAP standards

Tax considerations in settlement agreements regarding cancellation of debt

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • February 24 2015

Although not every settlement agreement has to be reviewed by a tax lawyer if you are representing a creditor or a debtor and the subject matter of

Wisconsin Supreme Court upends foreclosure process for abandoned properties

  • Michael Best & Friedrich LLP
  • -
  • USA
  • -
  • February 24 2015

Recently, the Wisconsin Supreme Court ruled in Bank of New York Mellon v. Carson, 2015 WI 15 (Feb. 17, 2015), that a circuit court has the authority

Fraud verdict against Countrywide & BofA upheld

  • Bilzin Sumberg Baena Price & Axelrod LLP
  • -
  • USA
  • -
  • February 23 2015

BofA’s “hustling” attempt to overturn a $1.27 billion judgment against it and Countrywidealong with the individual defendant identified in the next

District Court denies motion to dismiss in ongoing CFPB litigation

  • BuckleySandler LLP
  • -
  • USA
  • -
  • February 21 2015

On February 12, 2015 the U.S. District Court for the Western District of Kentucky held that claims presented by the CFPB regarding a Kentucky-based

Land contracts: mortgage priority and other complications

  • Pepper Hamilton LLP
  • -
  • USA
  • -
  • February 20 2015

A Chapter 7 trustee sought to avoid a mortgage on the debtors’ property using the “strong arm” powers of a hypothetical bona fide purchaser of real

Federal and state regulators target compliance officers

  • Schulte Roth & Zabel LLP
  • -
  • USA
  • -
  • February 20 2015

On Dec. 18, 2014, the Financial Crimes Enforcement Network (“FinCEN”) issued a first-of-its-kind $1-Million assessment against the former Chief

Court rules against American Express based on both direct and indirect evidence of harm to competition

  • Patterson Belknap Webb & Tyler LLP
  • -
  • USA
  • -
  • February 20 2015

On February 19, 2015, the District Court for the Eastern District of New York issued its ruling on liability in United States v. American Express