Weekly Brief: BoA Sued; SCOTUS Shortlists; Fund Fights Argentina
In This Issue. In a move that gives him the opportunity to put his stamp on housing policy and the potential overhaul of Fannie Mae and Freddie Mac, President Biden replaced the Director of the Federal Housing Finance Agency...more
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) provides, among other things, for eviction and mortgage foreclosure relief, as well as associated fees and penalties associated with nonpayment of rent...more
A D.C. Circuit Court of Appeal’s decision earlier this year, Perry Capital LLC v. Mnuchin, 848 F.3d 1072 (D.C. Cir. 2017), highlights the breadth of the government’s ability to take actions that harm creditors of federally...more
On July 10, 2013, the CFPB issued a final version of modifications proposed in April 2013 to mortgage rules adopted in January 2013. Most of the modifications address the ability to repay/qualified mortgage rule, and...more