NAR believes that Congress intended for a broadly defined QM that establishes strong consumer protection against risky loan products, promotes mortgage liquidity in the market, incorporates important ability - to - repay standards, and offers lenders
reduced litigation exposure.
«The final rule should promote liquidity by providing consumers stronger protections than those proposed by the Federal Reserve Board and giving financial institutions definitive lending criteria that reduces
excessive litigation exposure.»
Over the past decade, the U.S. Supreme Court — led by Chief Justice John Roberts — increasingly has shaped the contours of complex
litigation exposures through its rulings on class action and governmental enforcement litigation issues.
For Scotty, it gave her the chance to strengthen her research and writing skills, as well as the opportunity to practice her oral advocacy skills through
heavy litigation exposure.
He has deep experience advising clients on conducting pre-suit investigations assembled for the purpose of determining root cause and advising the client on
impending litigation exposure.
identifying training and development needs to improve internal capability in managing employment disputes and processes to
minimise litigation exposure.
Firms are increasingly developing «go to» crisis management resources for clients with regulatory issues and
litigation exposure associated with data breaches, and firms themselves are assessing the implications and exposure related to breaches in their own networks.
In particular, our clients benefit from the Quinn Emanuel network when faced with regulatory or
litigation exposure in the United States, within the European Union and in Asia.
«
Excessive litigation exposure and severe penalties for violating the ability - to - repay standards would further restrict mortgage lending for all Americans and could cause low - to moderate - income and minority populations to suffer disproportionately.»
The definition of QM should include stronger consumer protections than proposed, promote liquidity, incorporate ability - to - repay standards, and offer lenders a safe harbor that
reduces litigation exposure.
The firm also recently announced Akerman Data Law Center to help clients quickly and cost - effectively mitigate the inherent risks embedded in swelling corporate data, such as government enforcement actions and
litigation exposure.
Litigation exposure can be substantially decreased through the prompt recall of challenged products.
This may actually increase
your litigation exposure because of the different jurisdictional entities.