Items Tagged with 'Ballard Spahr'

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From HW Magazine

What will the mortgage industry look like with a new sheriff in town?

Ballard Spahr partner outlines what to expect under Trump
While other state and federal regulatory bodies overlap in their regulation of the mortgage industry, the very particular consumer focus of the CFPB is not duplicated by any other body. Will deregulation mean a return to the Wild West lending atmosphere that led to the financial crisis? What happens next? We asked John Socknat, partner at Ballard Spahr, to weigh in on what mortgage lenders and servicers can expect from a Trump administration.
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Court of Appeals rules that Nevada HOA liens do not supersede first mortgages

Older version of state's laws ruled unconstitutional
Mortgage lenders and investors needn’t worry about whether a homeowners' association super lien will be given priority over a first mortgage in the state of Nevada, at least for now. According to an alert published Monday by Ballard Spahr, the Ninth Circuit Court Appeals ruled last week that an older version of Nevada's laws, which previously gave super-priority status to HOA liens, is unconstitutional. Here's the skinny.
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Ballard Spahr hires real estate attorney

Emily Vaias joins as counsel 2 of its offices
Vaias brings not only an extensive work history to the company, but also a lifetime of community service, such as serving on various boards and offering volunteer legal services to the homeless. Here’s more on why Ballard Spahr hired her as counsel for two of its offices.
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From HW Magazine

The awful truth about TRID

Even with a grace period, the remedy is worse than the disease
The CFPB left the grace period open-ended and most in the industry interpreted that to mean that it will last throughout the rest of 2015, at least. Unfortunately, as welcome as that grace period is, TRID remains a costly and complicated fix that has enormous implications for the whole industry.
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Anne Sutherland joins Ballard Spahr as counsel

Will work with mortgage banking and consumer financial services groups
In her role at Ballard Spahr, Sutherland will assist clients in ensuring compliance with the regulations governing the mortgage banking industry, particularly those issued by the Consumer Financial Protection Bureau, the firm said.
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