| Ohio Supreme Court Clarifies Application of Amendment to Postjudgment Interest Statute |
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November 19, 2008 Link
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The Supreme Court of Ohio recently held, in the case of Maynard v. Eaton Corp.,1 that the amendment to R.C. § 1343.03(A), which was enacted by 2004 Sub.H.B. No. 212 (“H.B. 212”)2 and became effective on June 2, 2004, adjusts the statutory rate of postjudgment interest on a final judgment entered by a trial court when the case is pending on appeal on the amendment’s effective date. Submitted by Ali Razzaghi.
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| Identity Theft Enforcement and Restitution Act of 2008 |
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November 12, 2008 Link
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Ever on the watch for stealth legislation affecting the financial services industry, we now bring to your attention H.R. 5938. Submitted by William T. Repasky.
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| Protecting Your “Documentation Fees” |
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November 12, 2008 Link
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Most of our lender clients charge fees when a loan is initiated. Sometimes one of the fees is described as a “loan documentation fee” which is described to borrowers as the charge for producing items like the note, the mortgage, the security agreement and/or the guaranty. Submitted by Vincent E. Mauer.
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| Where’s My Refund? |
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November 12, 2008 Link
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For those taxpayers lucky enough to receive a federal tax refund each spring, it has generally become an event many people rely on to satisfy other debts and obligations. Submitted by Kevin K. Malof.
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