Category: Financial Law

  • Department of the Treasury

    Department of the Treasury in the United States Introduction to Department of the Treasury Department of the Treasury, an executive department of the United States federal government, responsible for handling the government's fiscal affairs. It was established by the Congress of the United […]

  • Foreclosure

    Foreclosure in United States Foreclosure Definition To shut out; to bar. Used of the process of destroying an equity of redemption. 1 Washb. Real Prop. 589; Daniell, Ch. Pr. 1204; Coote, Mortg. 511; 9 Cow. (N. Y.) 382. A proceeding in chancery by which the mortgagor's right of redemption of […]

  • Foreclosure

    Foreclosure in United States Foreclosure Definition To shut out; to bar. Used of the process of destroying an equity of redemption. 1 Washb. Real Prop. 589; Daniell, Ch. Pr. 1204; Coote, Mortg. 511; 9 Cow. (N. Y.) 382. A proceeding in chancery by which the mortgagor's right of redemption of […]

  • Executive Office of the President

    Executive Office of the President in the United States Under authority of the Reorganization Act of 1939 (5 U.S.C. 133-133r, 133t note), various agencies were transferred to the Executive Office of the President by the President’s Reorganization Plans I and II of 1939 (5 U.S.C. app.), […]

  • Executive Office of the President

    Executive Office of the President in the United States Under authority of the Reorganization Act of 1939 (5 U.S.C. 133-133r, 133t note), various agencies were transferred to the Executive Office of the President by the President’s Reorganization Plans I and II of 1939 (5 U.S.C. app.), […]

  • Currency

    Currency in United States Currency Definition Coin, or such bank notes as pass freely in commercial transactions and regarded nearly equivalent to coin. Currency, In its broad and comprehensive meaning, may be properly used with reference to things of different values, when applied to the […]

  • Covered Loans

    Covered Loans in the United States Covered loans are typically used by consumers who are living paycheck to paycheck, have little to no access to other credit products, and seek funds to meet recurring or one-time expenses. Consumer Protections for payday loans, vehicle title loans, and […]

  • Covered Loans

    Covered Loans in the United States Covered loans are typically used by consumers who are living paycheck to paycheck, have little to no access to other credit products, and seek funds to meet recurring or one-time expenses. Consumer Protections for payday loans, vehicle title loans, and […]

  • Marketing Services Agreement

    Marketing Services Agreement in the United States Federal Regulation There is a prohibition on kickbacks and referral fees under the Real Estate Settlement Procedures Act (RESPA) (12 U.S.C. 2601, et seq.), which is related to the substantial risks posed by entering into marketing services […]

  • Collection of Consumer Debt

    Collection of Consumer Debt in the United States Prohibition of Unfair, Deceptive, or Abusive Acts or Practices in the Collection of Consumer Debts Under the Dodd-Frank Wall Street Reform and Consumer Protection Act (DoddFrank Act), all covered persons or service providers are legally […]

  • Collection of Consumer Debt

    Collection of Consumer Debt in the United States Prohibition of Unfair, Deceptive, or Abusive Acts or Practices in the Collection of Consumer Debts Under the Dodd-Frank Wall Street Reform and Consumer Protection Act (DoddFrank Act), all covered persons or service providers are legally […]

  • Consumer Reporting Agencies

    Consumer Reporting Agencies in the United States Written Policies and Procedures Regarding the Accuracy and Integrity of Information Furnished to Consumer Reporting Agencies There is an obligation of furnishers (12 C.F.R. § 1022.41(c)) under Regulation V to establish and implement […]

  • Consumer Reporting Agencies

    Consumer Reporting Agencies in the United States Written Policies and Procedures Regarding the Accuracy and Integrity of Information Furnished to Consumer Reporting Agencies There is an obligation of furnishers (12 C.F.R. § 1022.41(c)) under Regulation V to establish and implement […]

  • Mortgage Servicing

    Mortgage Servicing in the United States Mortgage Servicer A servicer may service loans on behalf of itself or an affiliate. It may service as a contractor of the trustee where a mortgage is included in a mortgage-backed security, or it may service whole loans for an outside third-party […]

  • Mortgage Servicing

    Mortgage Servicing in the United States Mortgage Servicer A servicer may service loans on behalf of itself or an affiliate. It may service as a contractor of the trustee where a mortgage is included in a mortgage-backed security, or it may service whole loans for an outside third-party […]