Rhode Island Requires Student Loan Servicers to Register

Licensing

Note-on-Note Financing Explained: Borrowing Against Your Notes

Note-on-note financing is how note investors recycle capital without selling. The facilities are lightly licensed by name, but regulated at every edge.

Licensing

Buying Mortgage Notes From Banks: How It Works and What to Check

Banks sell notes to manage capital and clean up balance sheets. Buying them is the easy part; the diligence and the licensing plan are what separate professionals.

Licensing

Performing vs Non-Performing Notes: The Compliance Difference

The price discount on non-performing notes is compensation for work, and much of that work is regulated. Here is how the licensing analysis splits between the two.

Licensing

Rule 68 - Dead or Alive?

Can an unaccepted Rule 68 offer of judgment be used to strip a Federal Court of subject matter Jurisdiction? A divided U.S. Supreme Court recently answered the question, no, in Campbell-Ewald Co. v. Gomez, 136 S. Ct. 663 (U.S. 2016). Article III of the US Constitution limits federal court jurisdiction to "cases" and "controversies." If [...]

Business Formation

S Corporation Explained: Benefits, Drawbacks & Formation

An S corporation (S corp) is a special tax classification under Subchapter S of the Internal Revenue Code that allows eligible small businesses to avoid double taxation by passing income, losses, deductions, and credits directly to shareholders. How an S Corporation Works An S corporation is not a business structure by itself but a tax [...]

Licensing

Your Crypto Journey: Securing the Right Licenses for Your Business

MSB license crypto requirements are critical for cryptocurrency businesses in North America. Here's what you need to know: Quick Answer for MSB License Crypto: Canada: Register as a Money Services Business (MSB) with FINTRAC - free registration, 2-6 months timeline. US: Register with FinCEN federally + obtain state Money Transmitter Licenses - complex, expensive, 6+ [...]