Sentences with phrase «legal safe harbor»
The decision to grant QM loans the strongest legal presumption available, a legal safe harbor, rather than a rebuttable presumption, was widely opposed by consumer advocates.
http://www.mortgagecompliancemagazine.com/
Nevertheless, we applaud the Bureau for offering a legal safe harbor to lenders when they originate loans that meet the rigorous «qualified mortgage» standards in the rule.
The organization notes that provisions structuring the «qualified mortgage» standard as a legal safe harbor and treating certain balloon - payment loans as qualified mortgages will help Main Street lenders continue providing mortgage credit to meet the needs of their customers and communities.
Not exact matches
She asked them to consider a safe harbor for virtual currency startups, and to consider only regulating exchanges that change so - called fiat currencies — or legal tender that's not backed by physical commodities like gold — into virtual ones.
On Twitter, the New York Times» Nathaniel Popper said that the firms apparently argued for a «safe harbor,» essentially a measure of legal immunity while the fledgling blockchain and cryptocurrency industry tests its wings.
This certification is designed to comply with the safe harbors promulgated by the SEC and should readily be accepted by issuer legal counsel.
Read more in: Blockchain & Digital Currency, Featured Headlines, Opinion, Politics, Legal & Regulation Tagged andreessen horowitz, dror futter, ico, ico safe harbor, initial coin offering, perkins coie, perspective, saft, sec, securities and exchange commission, union square ventures
As legal scholar Richard Epstein noted in a thorough and scathing Education Next review of the dear - colleague letter, «[T] he guidance offers no safe harbor for conducting routine discipline, free of constant federal oversight.
Policymakers should work to ensure that content created with public dollars is openly licensed and freely available to state residents and that existing safe harbor provisions protect MOOCs from legal issues.
The broadest safe harbor is found in Rule 5.5 (c)(4), whereby a lawyer is allowed to temporarily practice if the legal services «arise out of or are reasonably related to the lawyer's practice in a jurisdiction in which the lawyer is admitted to practice.»
I argued that in the interest of access to justice we should have a safe harbor that encourages legal software development for consumers, if there were sufficient warnings to the consumer they were not dealing with a lawyer, but a software application.
If they approve it then they should employ their legal counsel to create a safe harbor for your work.
In a legal battle over Internet music storage that could impact innovation and free expression on the Internet EFF Public Knowledge and other public interest groups asked a federal judge in an amicus brief to protect the «safe harbor» rules for online content in EMI v. MP3Tunes.
The safe harbor is widely viewed as a better protection against litigation risk because if a safe harbor is met, the legal case ends there in an early stage.
Reverse 1031 exchange transactions structured pursuant to this Revenue Procedure are considered to be «safe - harbor» reverse 1031 exchange transactions and those structured outside of the Revenue Procedure are considered to be «non-safe harbor» reverse 1031 exchange transactions and should only be completed with competent legal counsel.