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Results: 1-10 of 462

Finance and secured lending in the United States
  • Sullivan & Cromwell LLP
  • Global, USA
  • November 1 2016

A structured guide to finance and secured lending in the United States


8th Cir. Upholds Summary Judgment for Investor in Loan Repurchase Action
  • Maurice Wutscher LLP
  • USA
  • December 28 2015

The U.S. Court of Appeals for the Eighth Circuit recently affirmed summary judgment against the seller and originator of mortgage loans and in favor


Investor files suit against Nationstar over mortgage auctions
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • March 11 2013

On March 7, KIRP, LLC sued Texas-based mortgage servicer Nationstar Mortgage LLC in the Supreme Court of the State of New York in connection with


New York federal court upholds jurisdiction over foreclosure of securitized commercial mortgage
  • Bryan Cave LLP
  • USA
  • May 23 2012

Given the historically high volume of both residential and commercial foreclosures, lenders in those states that utilize a judicial foreclosure process have often found themselves faced with significant delays


Amendment clause in conservation easement deed kills tax deduction, says IRS; LTA protests
  • Sirote & Permutt PC
  • USA
  • November 12 2015

On November 10, the Land Trust Alliance issued a much-welcomed letter to Karin Gross and Marc Caine of the IRS Office of the Chief Counsel. LTA is a


CBRE Loan Servicing v Gemini (Eclipse 2006 3) commercial arguments prevail in determining the application of sales proceeds in a CMBS transaction
  • Paul Hastings LLP
  • USA
  • October 23 2015

On 7 October 2015, Mr Justice Henderson handed down his judgment in CBRE Loan Servicing Limited v Gemini (Eclipse 2006-3) Plc and others. In these


Class action defense cases - In Re Community Bank: Third Circuit court again reverses approval of class action settlement holding wrong legal standard applied to determine adequacy of representation
  • Jeffer Mangels Butler & Mitchell LLP
  • USA
  • October 4 2011

District court applied wrong legal standard in finding named plaintiffs and their counsel to be adequate representatives of the proposed class under Rule 23(a)(4) and thus abused its discretion in certifying class and approving nationwide class action settlement Third Circuit holds


California appellate court directs dismissal of homeowner-borrowers' fraudulent concealment claim against Countrywide in connection with sale of RMBS
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • September 6 2011

On August 24, 2011, the California Court of Appeal directed the dismissal of claims against Countrywide Financial Corp. brought by a group of homeowner-borrowers


GGP: single purpose entity or all in the corporate family?
  • Alston & Bird LLP
  • USA
  • August 25 2009

On August 11, 2009, in a long-anticipated ruling in the Chapter 11 case of General Growth Properties, Inc. (GGP), the court denied the motions to dismiss that had been brought on behalf of several of the property-level lenders


Editorial: banks can fight buyback claims with a little help from BoFA
  • Bilzin Sumberg Baena Price & Axelrod LLP
  • USA
  • September 26 2014

Bank of America took a big hit when it reached a record-breaking $16.65 billion mortgage settlement with the United States Department of Justice in