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FDIC updates Affordable Mortgage Lending Guide
  • Buckley Sandler LLP
  • USA
  • December 12 2018

On December 6, the FDIC issued FIL-84-2018 announcing updates to the Affordable Mortgage Lending Guide, Part I: Federal Agencies and Government

New York High Court Rules on Statute of Limitations
  • Bilzin Sumberg
  • USA
  • December 10 2018

Over the last several years, we have posted several times about whether the statute of limitations bars remedies against lenders (and sometimes

Securitisation Regulation Update: Addressing Challenges
  • Arthur Cox
  • European Union
  • December 7 2018

As mentioned in our recent briefings (What you need to know about the new EU Securitisation Regulation and Simple, Transparent and Standardised (STS)

Dispute Resolution: Mason and another v Godiva Mortgages Ltd. Lenders beware: are you taking proactive steps to verify the suitability of your mortgage contracts?
  • Rosling King LLP
  • United Kingdom
  • December 6 2018

In the case of Mason and another v Godiva Mortgages Ltd 2018 EWHC 3227 (QB), the Defendant, Godiva Mortgages Ltd

The CRE CLO Is Backand That’s Good
  • Dechert LLP
  • USA
  • December 5 2018

We have been writing off and on about the restoration to good graces of the commercial real estate CLO since the early days of this current recovery

Approval of Royal Decree-Law 172018: the lender shall be liable for stamp duty and shall not be allowed relief for stamp duty expenses
  • Gómez-Acebo & Pombo Abogados
  • Spain
  • November 29 2018

The executive has approved Royal Decree-Law 172018, of 8 November, by virtue of which banks granting mortgage loans shall be liable for stamp duty

6th Cir. Holds No Federal Jurisdiction for Claim Under Garn-St. Germain Act
  • Maurice Wutscher LLP
  • USA
  • November 29 2018

In a 2-1 decision, the U.S. Court of Appeals for the Sixth Circuit recently held that, because a complaint’s sole federal claim under the Garn-St

Central District of California Denies Certification in Mortgage Loan Officer Case
  • Baker & Hostetler LLP
  • USA
  • November 29 2018

The position of mortgage loan officer has been a fertile source of wage and hour claims, but a recent case from the Central District of California

United States Supreme Court Denies Certiorari in Bank of America, N.A. v. Lusnak: U.S. Supreme Court Declines Review of Ninth Circuit’s Holding That the National Bank Act Does Not Preempt California Law Requiring Banks to Pay Interest on Mortgage Escrow Accounts
  • Sullivan & Cromwell LLP
  • USA
  • November 21 2018

On Monday of this week, the U.S. Supreme Court denied Bank of America’s petition for certiorari to review the decision of the U.S. Court of Appeals

Dual Collateral Loans and Clogging the Equity of Redemption
  • Haynes and Boone LLP
  • USA
  • November 20 2018

Since the market downturn in 2008, dual collateral loans have become more common in real estate financing. By taking two forms of collateral - a