Compliance with an interim final rule requiring loan purchasers and assignees to notify consumers of the sale or transfer of their mortgage loans is due to become mandatory Jan. 19. The interim rule implements a change in Truth in Lending Act regulations, which was enacted May 20 last year as part of the Helping Families Save Their Homes Act of 2009. The new TILA amendment established a...
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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