Class-action attorneys are gearing up for a new wave of litigation in 2010, notwithstanding the Department of Housing and Urban Development call for temporary restraint in the enforcement of a new Real Estate Settlement Procedures Act rule due to take effect Jan. 1. HUD’s recent instruction to its Mortgagee Review Board to exercise restraint in enforcing the new RESPA...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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