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One word can make all the difference: a refresher on New York’s statutory prohibitions against “tying” title insurance to mortgage financing

Herrick Feinstein LLP
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USA
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June 18 2013

Lawyers know to choose their words carefully. Why? Because one word can make all the difference, especially when it comes time for a borrower to

FIO issues its first Annual Report

Edwards Wildman Palmer LLP
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USA
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June 14 2013

On June 12, 2013, the Treasury's Federal Insurance Office ("FIO") released its first annual report on the insurance industry to the President and

U.S. House introduces legislation regarding capital requirements for insurers subject to Dodd-Frank

Edwards Wildman Palmer LLP
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USA
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June 10 2013

Late last month, Rep. Gary Miller, R-Calif., and Rep. Carolyn McCarthy, D-N.Y., introduced the "Insurance Capital and Accounting Standards Act of

FSOC closer to formal designation of SIFIs

Edwards Wildman Palmer LLP
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USA
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June 6 2013

Earlier this month, Prudential Financial, Inc. and American International Group, Inc. confirmed that they received notice of a proposed determination

Proposed limitations on Fed’s power over nonbank SIFIs

Edwards Wildman Palmer LLP
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USA
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June 4 2013

Last month, Representatives Gary Miller (R-Calif.) and Carolyn McCarthy (D-N.Y.) introduced a bill that would prohibit the Board of Governors of the

Lender-placed insurers "forced" out of reinsurance and other lender-friendly arrangments

Dykema Gossett PLLC
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USA
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June 3 2013

With its May 30, 2013 announcement, the hard-charging New York Department of Financial Services (DFS) has now obtained settlements from 100 percent

Court dismisses all claims in private mortgage reinsurance “kickback” scheme RESPA suit

Jorden Burt LLP
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USA
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May 30 2013

As we reported yesterday , a number of suits in recent years have been filed challenging lender and insurer practices regarding private mortgage

Class certification recommended in alleged private mortgage reinsurance “kickback” scheme

Jorden Burt LLP
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USA
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May 29 2013

When prospective home buyers cannot make a down payment at a certain level (usually twenty percent of the purchase price), lenders often require them

Federal Housing Finance Agency proposes new rules on lender-placed insurance

Pillsbury Winthrop Shaw Pittman LLP
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USA
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May 16 2013

On March 29, the Federal Housing Finance Agency (FHFA) proposed consideration of new regulation on lender-placed insurance. The FHFA specifically

Assured and UBS agree to settle RMBS litigation for $358 million

Orrick Herrington & Sutcliffe LLP
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USA
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May 13 2013

On May 6, monoline insurer Assured Guaranty Ltd. announced a $358 million settlement with UBS and its affiliates stemming from losses on residential

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Search results

One word can make all the difference: a refresher on New York’s statutory prohibitions against “tying” title insurance to mortgage financing

FIO issues its first Annual Report

U.S. House introduces legislation regarding capital requirements for insurers subject to Dodd-Frank

FSOC closer to formal designation of SIFIs

Proposed limitations on Fed’s power over nonbank SIFIs

Lender-placed insurers "forced" out of reinsurance and other lender-friendly arrangments

Court dismisses all claims in private mortgage reinsurance “kickback” scheme RESPA suit

Class certification recommended in alleged private mortgage reinsurance “kickback” scheme

Federal Housing Finance Agency proposes new rules on lender-placed insurance

Assured and UBS agree to settle RMBS litigation for $358 million

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