Certain Requirements Imposed by the Dodd-Frank Financial Overhaul Legislation Regarding Mortgage Origins
This edition of the Hawkins Advisory is published in response to the concern with subprime mortgage lending and the perception that enhanced standards for origination of residential mortgage loans require federal regulation, the Dodd-Frank Wall Street Reform and Consumer Protection Act the “Legislation”), signed into law on July 21, 2010, includes Title XIV entitled the “Mortgage Reform and Anti-Predatory Lending Act.”
Also of Interest
- New Current Refunding Guidelines for Bonds Issued Pursuant to Special Authorizations
On May 22, 2019, the Internal Revenue Service released Notice 2019-39. The Notice provides guidance on the issuance of tax-exempt state and local bonds and tax-exempt Indian tribal government bonds in current refunding issues...
- General Public Use Requirement for Qualified Residential Rental Projects
This Hawkins Advisory provides information of specific interest to multi-family housing bond issuers regarding the general public use requirement for qualified residential rental projects.
- Average Area and Nationwide Purchase Price Safe Harbor Limits
This Hawkins Advisory includes information of specific interest to single-family housing bond issuers regarding Average Area and Nationwide Purchase Price Safe Harbor Limits
- Brian Garzione drafts NABL's “Analysis of SIFMA Model Memorandum to Underwriter's Counsel”
The purpose of the NABL analysis is to highlight issues to consider when reviewing the Memorandum or other written guidance modeled on the Memorandum and it also includes recommendations on how the proposed duties may be modified and/or limited in scope.