The purchase and sale of claims held by creditors against debtors in a bankruptcy proceeding has become a big business. The motivations for the buyer are varied. They include making a profit on any ...

The Federal Housing Administration (FHA) announced on Tuesday that it has drafted a proposed Mortgagee Letter (ML) designed to lower the pre-review threshold for Home Equity Conversion Mortgage (HECM) ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

First Data Corp. v. Inselberg, (Fed. Cir. Sep. 15, 2017) (Before Newman, O’Malley, and Stoll, J.) (Opinion for the court, O’Malley, J.) Eric Inselberg is the inventor of patents disclosing systems by ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

After trying and failing for seven years, the Florida Legislature this year passed sweeping legislation to reform the insurance industry practice known as assignment of benefits, or AOB. The ...

TALLAHASSEE, Fla. – Amid a fierce legislative debate about the insurance practice known as assignment of benefits, a property insurer this week asked the Florida Supreme Court to uphold an “AOB” ...

Learn the ins and outs of collateral assignment in life insurance policies, how it secures loans, and what it means for your beneficiaries.

This week, the Federal Housing Administration (FHA) provided updated guidance regarding the submission of Home Equity Conversion Mortgage (HECM) assignment requests to HUD. Mortgagee Letter 2017-05, ...

The Federal Circuit recently reversed the Western District of Washington’s grant of a motion to dismiss under Rule 12(b)(6) of the Federal Rules of Civil Procedure where the district court held that ...