Doral enters into agreement with Federal Reserve
September 13, 2012
Doral Financial Corporation and the Federal Reserve Bank of New York entered into an agreement Thursday requiring the financial institution to abide by a number of conditions to improve its credit risk management and administration ...
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Gov. Fortuño signs foreclosure mediation law
August 21, 2012
Despite intense last minute lobbying by Puerto Rico's banking sector, Gov. Luis G. Fortuño has signed a law requiring that all foreclosure proceedings of a primary residence include compulsory mediation. The law is effective in ...
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Signing deadline looms for bill mandating foreclosure mediation
August 16, 2012
A bill establishing mandatory mediation in foreclosures of a primary residence seemed a shoe-in for the governor's signature, but now the anticipated outcome is not so certain.
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