Remove any-answers
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Comment on Fannie Mae to Maryland: DROP DEAD by PD

Appraisers Blog

Of course any company that is answerable to their stake holders is going to do their best to maximize their returns. Why does anyone believe FNMA is any different? I for one have always found it troubling a “for profit” company sets the parameters for the mortgage industry.

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The Neoclassical View of Corporate Fiduciary Duty Law

Harvard Corporate Governance

In a recent article , I develop an answer to that question that is different from saying that duties are owed merely to shareholders or to stakeholders. But what if both camps are wrong? In other words, what does it actually mean to owe duties to the corporate entity?

Equity 225
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Comment on Fannie Mae to Maryland: DROP DEAD by Eric Kretz

Appraisers Blog

Also, any waiver of a traditional appraisal must be followed by a written, detailed document with a fixed value.” ” This is the answer. “If an automated valuation model is used for a valuation waiver in the State of Maryland, then the parametric data and risk-analysis information must be released to the public.

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Accounting for Bank Failure

Harvard Corporate Governance

The answer is a resounding maybe. Because of these conflicting effects, any change to accounting rules that causes banks to record securities or other assets at fair market value has to be accompanied by more fundamental reforms that limit depositor incentives to panic, such as enhanced deposit insurance. Berkeley School of Law.

Banking 242
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Comment on AMCs Billing Scheme, Hidden Profits & Deceptive Practices by TRUTH

Appraisers Blog

THERE IS SOMETHING THAT SHOULD BE DONE, BUT NO ONE HAS ANY ANSWERS. MY ANSWER IS WHEN ON THE TELEPHONE AND THEY STATE A FEE, I ANSWER…” YOU’RE JOKING RIGHT”? YES, THEY MAKE MY SKIN CRAWL. I QUIT WORKING FOR THEM LAST YEAR AND APPRAISING STARTED BEING FUN AGAIN.

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SEC Bulletin on Conflicts of Interest for Broker-Dealers and Investment Advisers

Harvard Corporate Governance

After an introductory background section summarizing conflict-of-interest rules under Reg BI [3] and investment advisers’ fiduciary duty, [4] the Bulletin takes the form of answers and guidance in response to 13 questions posed by a hypothetical firm. 5] A few themes running through the Bulletin are discussed below. more…).

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What is quality internal auditing?

Norman Marks

To answer this question, we must first decide why we have an internal audit function. What value does it provide for any organization? My answer is that: An effective internal audit function provides the risk-based assurance, advice, and insight[1] that leadership needs for success[2].

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