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Results: 1-10 of 31

Foreclosure support for unemployed homeowners
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • August 13 2010

On August 11, the Obama administration announced that Treasury will make available an additional US$2 billion of assistance under the Hardest Hit Fund for homeowners struggling to make mortgage payments due to unemployment


MSRB request for comment on underwriting activities of financial advisors
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • August 20 2010

On August 17, the Municipal Securities Rulemaking Board issued a request for comment on draft amendments to Rule G-23, which would prohibit any broker, deal or municipal securities dealer acting as a financial advisor to an issuer in connection with a new issue of municipal securities from also acting as underwriter for such issuance


SECCFTC ANPR: Dodd-Frank Act, Title VII definitions
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • August 20 2010

On August 13, the Fed and the CFTC issued an advance notice of proposed rulemaking to solicit comments on how to define key terms in connection with swaps and security-based swaps and as to regulations to be prescribed regarding "mixed swaps", as required under Section VII of the Dodd-Frank Act


TreasuryHUD Conference on the Future of Housing Finance
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • August 20 2010

On August 7, Treasury Secretary Geithner made opening remarks at the Conference on the Future of Housing Finance


Fed rules regarding mortgages
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • August 20 2010

On August 16, the Fed issued proposed, interim and final rules relating to mortgage loans


FFIEC releases guidance on reverse mortgages
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • August 20 2010

On, August 16, the Federal Financial Institutions Examination Council (FFIEC) released guidance on reverse mortgages


Rating agency updates
  • Orrick, Herrington & Sutcliffe LLP
  • Canada
  • August 20 2010

On August 18, Moody's released its methodology for covered bond ratings


IRS publishes guidance on real property lien releases by REMICs
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • August 20 2010

On August 17th, the IRS published Revenue Procedure 2010-30, which responds to various requests for relief made by CMBS market participants in response to final regulations issued by the IRS on September 16, 2009


Obama administration announces panelists for housing conference
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • August 13 2010

On August 12, the Obama administration announced a list of panelists and conference agenda for the August 17 "Conference on the Future of Housing Finance"


Rating agency updates
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • August 27 2010

On August 24, Fitch released its revised criteria for rating Trust Preferred CDOs