We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 62

The end of the threat to use eminent domain to take underwater home mortgages?

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 5 2014

Last November's SoCal Real Estate Finance Forum highlighted various municipalities' threatened use of their power of eminent domain to "take" the

The Consumer Financial Protection Bureau defines “qualified mortgage” for residential loans what implications will this definition have for RMBS “put-back” litigation?

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 12 2013

The Consumer Financial Protection Bureau (the "CFPB") has amended Regulation Z with respect to the Truth in Lending Act, which regulates a lender's

REMIC tax concerns surrounding foreclosures

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 6 2012

A Real Estate Mortgage Investment Conduit (REMIC) is an entity employed to securitize loans secured by real property and that has been granted tax-favored status

New CREFC mediation proposal: a response to SEC’s proposed breach enforcement regulation

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 4 2011

In response to the growing proliferation of CMBS mortgage loan put-back litigation for loan seller breaches of representations and warranties and the SEC’s new focus on issuerseller disregard (as well as some purchaser litigation abuse) of requests for repurchase, the Commercial Real Estate Finance Council has proposed a Model Dispute Resolution and Remedies Provision (“Model Provision”) to be incorporated into Mortgage Loan Purchase Agreements (MLPAs) and Pooling and Servicing Agreements (PSAs) industry-wide to provide consistency and transparency to a process that many CMBS investors have lost confidence in as a protection against poor originator loan underwriting

Latest developments in the foreclosure documentation crisis

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 19 2010

Various developments have occurred this week relating to the heightened concern over defective foreclosure processes and the moratoriums on foreclosure proceedings instituted by certain financial services companies, including Bank of America and GMAC, a subsidiary of Ally Financial

Federal Reserve issues interim final rule regarding real estate appraisals

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 18 2010

Today, the Federal Reserve issued an interim final rule and request for public comment regarding real estate appraisals, implementing Section 1472 of the Dodd-Frank Wall Street Reform and Consumer Protection Act

Federal Housing Finance Agency releases policy framework for dealing with possible foreclosure process deficiencies

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 14 2010

Yesterday, the Federal Housing Finance Agency released a policy framework designed to deal with possible foreclosure process deficiencies

Senate Banking Committee holds hearing on FHA’s current condition and future challenges

  • Alston & Bird LLP
  • -
  • USA
  • -
  • September 23 2010

Today, the Senate Banking, Housing and Urban Affairs Committee held a hearing entitled "The Federal Housing AdministrationCurrent Condition and Future Challenges" to assess the adequacy of the capital reserve fund of the Federal Housing Administration (FHA) following its decline below the statutorily-imposed limit, and to discuss proposals for reform within the FHA

House Financial Services Committee holds hearing on measures to strengthen FHA

  • Alston & Bird LLP
  • -
  • USA
  • -
  • September 23 2010

Yesterday, the House Financial Services Committee held a hearing entitled "Implementation of Higher FHA Loan Fees and Pending Legislative Proposals to Strengthen the FHA MMIF Fund and Improve Lender Oversight."