5th Circuit overturns insurance mandate in health law, doesn’t decide if other provisions survive
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
The Rhode Island Department of Business Regulations is reformatting all of its current banking regulations in order to incorporate them into the Rhode Island Code of Regulations and has adopted the Home Loan Protection Act and Mortgage Foreclosure Disclosure provisions. The RICR is a uniform code of all regulations filed by Rhode Island's state agencies, […]
On May 24, 2018, President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act into law, taking the first step in paring back some of the regulations imposed under the Dodd-Frank Wall Street Reform and Consumer Protection Act in the wake of the financial crisis. Last week, we summarized the sections of the […]
The state of Michigan recently enacted House Bill No. 4470 that amends the provisions of Michigan statutes relating to foreclosure by advertisement, specifically MCLS 600.3204 and 600.5807. Foreclosure News
The United States District Court for the Middle District of North Carolina recently issued a decision that demonstrates the power of attorneys' fees provisions in promissory notes and guaranty agreements. In , the court held that TD Bank was entitled to summary judgment on a claim for attorneys' fees even though the court denied summary […]
A recent decision of the Supreme Judicial Court of Massachusetts highlights the importance of using clear and unambiguous remedy provisions in residential mortgages and deeds of trust. James B. Nutter & Co. Foreclosure News
ABA Journal Daily News
The cited provisions are choice-of-law provisions that select the governing law for the intermediary account agreement, which under the Hague Securities Convention will then also dictate the governing law for other issues regarding the securities, enumerated in Article 2 of the Convention, such as perfection of liens and priority of interests. By designating the governing […]
Laura Jordan came home from work one day to find herself locked out. She had missed two mortgage payments, and the company servicing her loan had changed the locks without warning. Foreclosure News