A structured guide to restructuring and insolvency laws in Romania
By nearly a 2-to-1 margin, Nissan’s production and maintenance employees at its Canton, Mississippi facility rejected UAW representation. The count
I am a partner in a firm of surveyors. One of the partners accepted bribes from a director of one of our corporate clients and fraudulently
It was reported last week that the SFO will call for companies’ tax returns in a bid to uncover (particularly overseas) bribery payments.
Appraisal rules are about to change and will affect your appraisal procedures.
On May 16, 2011, the U.S. Supreme Court asked the Office of the Solicitor General to weigh in on the scope of the Real Estate Settlement Procedures Act and gauge class claims that Quicken Loans Inc. illegally charges mortgage borrowers closing fees.
In a recent decision, the Court of Appeals ruled that a subsequent lender's good faith reliance on a payoff statement was sufficient to release the prior mortgage under Indiana Code 32-29-6-13, which provides in pertinent part that "a creditor or mortgage servicer may not withhold the release of a mortgage if the written mortgage payoff statement misstates the amount of the payoff and the written payoff is relied upon in good faith by an independent closing agent without knowledge of the misstatement .
The Home Affordable Foreclosure Alternatives ("HAFA") program, effective from April 5, 2010 through December 31, 2012, offers hope for defaulted homeowners facing foreclosure under their current mortgage.
In Federal Deposit Ins Corp v Traversari, 2010-Ohio-2406 the Eleventh Circuit Court of Appeals sided with the mortgagor in overruling the trial court's granting of summary judgment.
The new edition of FSA's Financial Crime newsletter looks at its priorities for the year ahead, which include: continuing to look at correspondent banking relationships, AML due diligence for high-risk customers, and compliance with the wire transfer regulation.