Show Me Your Papers: Sales And Assignments Of Secured Real Estate Loans And The California Foreclosure Process by Miller Starr Regalia on 2/6/2012 –– “Badges? We ain’t got no badges. We don’t need no badges! I don’t have to show you any stinkin’ badges!” Gold Hat to Dobbs,in Treasure of the Sierra Madre...more
Financial Services Legislative And Regulatory Update -- February 6, 2012 by Mintz Levin - Public Finance on 2/6/2012 In This Issue: Leading the Past Week; Legislative Branch; House of Representatives; Executive Branch; Federal Reserve; Treasury; DOL; CFTC; IRS; International; and Upcoming Hearings. Leading the Past Week It was...more
Temporary Visa Did Not Bar Homestead Status [Florida] by Charles (Chuck) Rubin on 2/6/2012 Favio came to the U.S. in 2005 after a kidnapping attempt against his son in Venezuela. He rented an apartment, and lived there with his son (a U.S. citizen), and his wife. He then purchased an apartment in 2006 and lived there...more
Tenants Facing Escalating Eviction Pressures by Lawyers.com on 2/6/2012 To the surprise of many celebrity hounds, rock star Courtney Love recently emerged victorious in a battle with her New York City landlord who was trying to evict her. New York City Housing Court Judge Jean T. Schneider issued...more
Obama’s HARP Re-vamp – Some Homeowners Still Out of Luck by Harold Shepley & Associates, LLC on 2/6/2012 In October 2011, the Obama administration announced additional steps to try and help people lower their mortgage payments by allowing more of them to refinance—even if they owe more than their property is worth. The...more
Securitization Available for Canadian Uninsured Conventional Residential Mortgages? by Osler, Hoskin & Harcourt LLP on 2/6/2012 At the American Securitization Forum annual conference last month, a panel discussed the future of U.S. mortgage finance. Following the 2007 financial crisis and the collapse in U.S. housing values, there has been a transfer of...more
Allegheny County Reassessment Update – More Details Released Regarding Appeal Deadlines by Reed Smith on 2/6/2012 New Appeal Deadlines All property owners in the City of Pittsburgh, Mount Oliver and the municipalities generally east of Pittsburgh (east of the Allegheny and Monongahela Rivers) should have received reassessment notices. On...more
New Trend on China Real Estate Finance—Analysis on Real Estate Trusts and Private Equity Investment by Qin Qu on 2/5/2012 Generally speaking, there are four types of resource of real estate finance, which are from banks, security market, trusts and funds. With the tightening controls the central government is taking toward developers on real estate...more
Will I need to file bankruptcy after they foreclose on my home? by Malcolm Ruthven on 2/5/2012 I'm not making enough money to afford my mortgage payments and my home will soon be sold in foreclosure. It's worth a lot less than I owe on it. Will I still owe mortgage-loan money after the foreclosure sale, which would mean that I'd...more
Proposed Constitutional Amendment on Eminent Domain: Cons and Pros by Sands Anderson PC on 2/3/2012 The proposed eminent domain constitutional amendment is pending at the 2012 Virginia General Assembly. See 2012′s bills on the amendment, HJ 3 and SJ 3. If these bills pass the...more
How to get rid of your second or junior mortgage - lien stripping by Lewis Roberts, PA on 2/3/2012 What can you do about your underwater home? Want to eliminate your second mortgage or equity line? You may be able to strip the lien off in bankruptcy....more
Invasion of Privacy in Condominiums by Heenan Blaikie LLP on 2/3/2012 A recent case before the Ontario Court of Appeal dealing with the privacy of a Bank customer's personal information, may have some interesting applications for condominium corporations and property managers across...more
InfoBytes, January 27, 2012 - A Weekly In-depth review of news & developments in the financial services industry. by BuckleySandler LLP on 2/3/2012 Topics In This Issue Federal Issues Courts Miscellany Firm News Firm Publications Mortgages Banking Consumer Finance Securities Privacy/Data...more
Allegheny County Reassessment Update by Lisa Liptak on 2/2/2012 Update on the controversial Allegheny County Reassessment...more
Mortgage Industry Submits Comments on HUD’s Proposed Disparate-Impact Rule under the Fair Housing Act by K&L Gates LLP on 2/2/2012 On January 17, 2012, K&L Gates LLP submitted the comments of six financial services trade associations to the United States Department of Housing and Urban Development (HUD) on the proposed rule to implement a disparate-impact...more