News & Insights

News

"No-Fee" Mortgage Lenders May Not Collect Closing Costs Upon Prepayment

By: Alan M. Grochal
May 8, 2013
A new ruling by the Court of Appeals of Maryland prohibits banks and lending institutions from recapturing closing costs on "no-fee" mortgages that are subsequently prepaid by the mortgagor.  Lenders who offer these types of mortgages will now have to "eat" the closing costs on prepaid mortgage... Read more >
News

What the HITECH Act Means to Employers and Other Businesses

By: Melissa Calhoon Jones
May 8, 2013
On August 24, 2009, the U.S. Department of Health and Human Services published new regulations in the Federal Register that detail the obligation of covered entities to notify employees and, in some cases, the media and Secretary of Health, in the event of breaches of unsecured protected health info... Read more >
News

Federal Estate Tax Is Repealed for 2010 - Is Your Plan Affected?

By: Brian A. Balenson
May 8, 2013
Despite last minute efforts by Congress at the end of 2009, the estate tax has been repealed for one year - 2010. Thus, under current tax law, if you die in 2010 your estate will not be subject to federal estate tax. This one year repeal was set up by the 2001 tax cut legislation signed into law by ... Read more >
News

Employment Law Updates

By: Melissa Calhoon Jones
May 8, 2013
FLSA Amendment re: Lactation Effective March 23, 2010, the Patient Protection and Affordable Care Act amended the Fair Labor Standards Act (FLSA) to require covered employers to provide breaks and space for nursing mothers to express breast milk. With minor exceptions, all employers covered by the ... Read more >