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Results: 1-10 of 4,504

CFPB takes action against former loan officer for “fee-shifting” practices, alleges RESPA violation
  • BuckleySandler LLP
  • USA
  • May 27 2016

On May 26, the CFPB announced a consent order against a former mortgage loan originator of a San Francisco-based bank for allegedly violating Section


HUD determines down payment assistance programs eligible for FHA insurance
  • BuckleySandler LLP
  • USA
  • May 27 2016

This week, FHA Principal Deputy Assistant Secretary for Housing and Head of FHA, Edward Golding, issued a letter informing stakeholders that “HUD has


FHA proposes revisions to reverse mortgage program
  • BuckleySandler LLP
  • USA
  • May 27 2016

On May 18, HUD announced that the FHA proposed a new rule that is intended to “strengthen” its Home Equity Conversion Mortgage (HECM) Program by


Texas Supreme Court Opens Door to Home-Equity Lien Challenges
  • Dykema Gossett PLLC
  • USA
  • May 26 2016

On May 20, 2016, the Supreme Court of Texas decided two cases that arise from the requirements of Article XVI, Section 50 of the Texas Constitution


CREFC Commercial Real Estate Finance Summit (West) 2016
  • Dechert LLP
  • USA
  • May 26 2016

Earlier this month CREFC held its "Commercial Real Estate Finance Summit - West" in Santa Monica, CA, which - while not nearly as large as the annual


Foreclosure Sale Cannot Go Forward When Timely Filed Motion for Rehearing Is Pending
  • GrayRobinson PA
  • USA
  • May 26 2016

In 944 CWELT-2007 LLC v. Bank of America (3D15-2091), the Third District granted a petition for certiorari that sought to quash an order denying a


Justice Department Sides With Financial Industry on Madden Case
  • Manatt Phelps & Phillips LLP
  • USA
  • May 25 2016

Marketplace loan investors may want to "gather ye discounted Madden loans while ye may," as the Robert Herrick poem reads (taking some fintech


Texas Department of Housing and Community Affairs and Its Potential Impact on Underwriting Policies and Procedures
  • Locke Lord LLP
  • USA
  • May 24 2016

In Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc., 135 S. Ct. 2507 (2015), one of the most watched cases of


Illinois App. Court (1st Dist) Holds Pleading Plaintiff is ‘Mortgagee’ Sufficient Under Illinois Mortgage Foreclosure Law
  • Maurice Wutscher LLP
  • USA
  • May 24 2016

The Appellate Court of Illinois, First District, recently held that an allegation that the plaintiff is a "mortgagee" under the Illinois Mortgage


Illinois App. Court (1st Dist) Rejects Borrower’s Constitutional Challenge to Illinois Statutory Form Foreclosure Complaint
  • Maurice Wutscher LLP
  • USA
  • May 21 2016

The Appellate Court of Illinois, First District, recently held that the form foreclosure complaint provided by the Illinois Mortgage Foreclosure Law