News

CFPB Issues Aggressive Rulemaking Agenda

By EsqSocial Corporation 06/12/13

The Consumer Financial Protection Bureau’s recently released fall 2013 rulemaking agenda portends aggressive rulemaking by the Bureau in 2014. With most of the rulemaking mandated by the Dodd-Frank Act now completed, the agenda reflects the CFPB’s...

Culture Shock: A Retailer’s Initial Lending Program With a Bank

By EsqSocial Corporation 06/12/13

Many retailers and OEMs have engaged banks to provide private-label credit to their individual and small-business customers, or have joined with banks in offering them cobranded general-purpose credit. Many other retailers/OEMs have yet to do so....

New Exemption for Uncapping of Residential Property Tax Takes Effect December 31

By EsqSocial Corporation 06/12/13

Owners of residential property in Michigan, including cottages, wanting to transfer the property to a relative without uncapping the value for property tax purposes, may be in luck. The Michigan Legislature has adopted a new exemption to Michigan’s...

Bank of America and Freddie Mac Settle Mortgage Loan Claims

By EsqSocial Corporation 06/12/13

Add yet another major settlement to the still-growing list of huge payouts by the nation’s largest banks to settle claims over toxic mortgage-backed securities. Bank of America has now agreed to pay $404 million to Freddie Mac to resolve all...

Energy Newsletter - December 2013

By EsqSocial Corporation 06/12/13

In This Issue: - Energy Trading Disputes: Gas Price Reopeners - Mongolian Mining Sector Update: Regulatory Uncertainty and Risk Mitigation Strategies - An Introduction to Reserve Based Lending and the UK Market - LNG Tolling Agreements (Export)...

Recent Fourth Amendment Decisions by the U.S. Supreme Court

By EsqSocial Corporation 06/12/13

The law regarding the Fourth Amendment, which prohibits unreasonable searches and seizures, is constantly changing. A warrant, which should be limited in scope and based on probable cause, is normally required to conduct a search of an individual’s...

Federal Disability Benefits Set to Rise Only 1.5 Percent

By EsqSocial Corporation 06/12/13

People with disabilities and senior citizens can expect a small, 1.5 percent increase in their Social Security and Supplemental Security Income (SSI) benefits in the new year, an even smaller cost of living adjustment than last year's 1.7 percent....

California Protects Minors from the Internet by Imposing Restrictions on Online Marketing or Advertising of Products Minors Cannot Legally Purchase

By EsqSocial Corporation 06/12/13

Operators of Internet websites and online services, online applications or mobile applications (online media) will be prohibited from targeting minors with advertisements for goods that a minor cannot legally purchase and services in which a minor...

Real Estate Newsletter - December 2013

By EsqSocial Corporation 06/12/13

The Alabama Supreme Court recently addressed whether a lender must own a mortgage when it initiates foreclosure proceedings and, if not, whether that would invalidate the ownership rights in the property that the lender obtained through foreclosure....

United States Supreme Court Refuses to Review New York High Court Ruling Requiring Online Retailers to Collect New York State Sales Tax

By EsqSocial Corporation 06/12/13

On December 2, 2013, the United States Supreme Court denied certiorari in the consolidated cases Amazon.com LLC v. N.Y. Dept. of Taxation and Overstock.com v. N.Y. Dept. of Taxation, thereby allowing the New York state law requiring online retailers...

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