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CFPB amends home mortgage disclosure exemption threshold
- Winston & Strawn LLP
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- USA
- -
- February 21 2012
On February 15th, the CFPB published a final rule amending the official commentary that interprets the requirements of Regulation C (Home Mortgage Disclosure) to reflect a change in the asset-size exemption threshold for depository institutions based on the annual percentage change in the Consumer Price Index for Urban Wage Earners and Clerical Workers ("CPI-W"
Refinancing proposal
- Winston & Strawn LLP
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- USA
- -
- February 6 2012
On February 1st, the Los Angeles Time summarized President Barack Obama's mortgage refinancing proposal
Treasury Department designates Syrians and government-controlled business
- Winston & Strawn LLP
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- USA
- -
- December 5 2011
On December 1st, the Treasury Department announced the designation of two high-ranking Syrians and the Military Housing Establishment and Real Estate Bank
Homeowner's challenge of foreclosure fails
- Winston & Strawn LLP
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- USA
- -
- December 5 2011
On December 1st, the Eighth Circuit addressed a "show-me-the-note" challenge to a home foreclosure
OCC issues bulletin on the displaying of certain information
- Winston & Strawn LLP
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- USA
- -
- October 17 2011
On October 11th, the OCC issued a bulletin advising institutions of the appropriate names and addresses for notices required by the Community Reinvestment Act ("CRA") and Equal Credit Opportunity Act ("ECOA") and posters required by the Fair Housing Act ("FHA"
Bank did not owe a duty to disclose to investors
- Winston & Strawn LLP
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- USA
- -
- August 22 2011
On August 16th, the Eighth Circuit affirmed the entry of summary judgment dismissing real estate investors' claims that the bank financing a real estate development project fraudulently concealed certain details concerning the financing
Agencies request suggestions for disposing of foreclosed properties
- Winston & Strawn LLP
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- USA
- -
- August 15 2011
On August 10th, the Federal Housing Finance Agency, in consultation with the Treasury Department and the Department of Housing and Urban Development, announced a Request for Information seeking suggestions on what to do with foreclosed homes owned by Fannie Mae, Freddie Mac, and the Federal Housing Administration
Treasury Department considers new foreclosure avoidance plan
- Winston & Strawn LLP
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- USA
- -
- July 25 2011
On July 20th, Bloomberg reported that the Treasury Department is examining the feasibility of selling non-performing and underwater home mortgages from private label securitizations in an effort to help distressed homeowners avoid foreclosure
Federal district courts have jurisdiction to resolve foreclosure sale issues
- Winston & Strawn LLP
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- USA
- -
- July 25 2011
On July 22nd, the Third Circuit held that federal district courts have diversity jurisdiction to resolve issues arising from an error committed during the marshal's sale of real property ordered by the court
South Carolina requires attorney certification for home foreclosures
- Winston & Strawn LLP
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- USA
- -
- May 9 2011
On May 2nd, the Supreme Court of South Carolina issued an administrative order requiring home foreclosure attorneys to certify that the borrower has had an opportunity to engage in loan modification or mitigation programs and that the lender has received and reviewed all pertinent documents
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- Workarea - Banking
- Workarea - Commercial Property
- Firm Name - Winston & Strawn LLP