Industry News Monday, March 19, 2018 Fidelity National Financial, Inc. (FNF) has signed a merger agreement to acquire Stewart Information Services Corp. for $1.2 billion in cash and stock. If approved by regulators and stockholders, Fidelity would pay $50 per share of...
A lawsuit brought by the Consumer Financial Protection Bureau against a Louisville law firm was dismissed on Friday. In a summary judgment ruling, the U.S. District Court for the Western District of Kentucky found that law firm Borders & Borders PLC followed the...
Minnesota is sending out Enforcement Notices to Mobile Notaries reminding them that under Minnesota Law, those who notarize deeds, mortgages, affidavits and other documents to assist a party in buying or selling real estate in Minnesota are required to have a...
Interesting case out of Alabama. See more detail. Her mortgage had been foreclosed, but the mortgagor challenged the foreclosure by appeal, saying the lender who foreclosed had no legal interest because the note was not properly assigned. The appeal court agreed and...
Interesting case regarding new construction law. Although out of a Missouri Court, the takeaway still applies. When obtaining a Sworn Statement from a Builder stating that all subcontractors have been paid, do you also obtain a personal indemnity? Do you know the...
Excellent article by Alston and Bird (AlstonFinance.com) Non-Agency Residential Mortgage Loans in 2014: A Survey of Legal Issues Affecting the Market. (Read entire article) It covers in a solid overview of : Qualified Mortgages QRM and Risk Retention Due Diligence...
