The US Supreme Court limited foreign investors’ ability to sue companies based abroad in American courts, throwing out a shareholder lawsuit against National Australia Bank Ltd. The justices unanimously said federal securities laws don’t reach allegations by three Australians who bought shares of Melbourne-based NAB in that country. The Australians argued that US courts could consider the case because it centered on alleged wrongdoing by a former US subsidiary of the bank.
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Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time? If not, which is one is true? HousingWire Columnist Logan Mohtashami takes a deeper dive.
Mortgage loan originator compensation rules are strictly regulated by the Consumer Financial Protection Bureau. However, this could all change as the industry actively calls for new regulation. HW+ Premium Content