Activity levels for European commercial mortgage-backed securities, U.S. commercial mortgage-backed securities and commercial real estate collateralized loan obligations reflect strong global demand. Cadwalader attorneys analyze recent trends.
The Financial Crimes Enforcement Network renewed a Geographic Targeting Order requiring title insurance companies to collect and report beneficial ownership information for certain real estate purchases.
The Office of the Comptroller of the Currency proposed streamlining regulation for national banks and updating the regulatory framework for federal savings associations on "other real estate-owned" activities.
The Office of the Comptroller of the Currency notified national banks, federal savings associations and federal branches and agencies of "revised interagency examination procedures for determining compliance the Home Mortgage Disclosure Act."