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Absolute Assignment of Rents: Maybe Not in Tennessee
An absolute assignment of rents conceptually, if not by its very name, provides a mortgagee on an income producing property with the “absolute” right to rental income generated by the mortgaged...
View ArticleWill Regulators Give Banks and Lenders Protections from Lawsuits?
Banks have been a primary target for regulation and enforcement actions by the U.S. Government over the past few years. But perhaps the holiday season is making things a little better between banks...
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We’re from the Government, and We’re Here to Help
Incompetence (or worse) on the part of federal officials has become a recurring news story. In its response to Hurricane Sandy, FEMA appears to be using the same Policy and Procedure Manual it employed...
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Elizabeth Warren: A Populist Demagogue?
Remember Elizabeth Warren? She used to be a law professor at Harvard. It was widely speculated that she was President Obama’s first choice to be Director of the Consumer Financial Protection Bureau, an...
View ArticleFederal Judge Renounces Fed’s Swipe Fee Rules Under the Durbin Amendment...
Judge Richard Leon, of the U.S. District Court for the District of Columbia, issued a memorandum opinion today that is arguably good for retailers, consumers and small businesses. The ruling, however,...
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