Understanding Cross-Collateral Loans: Key Impacts on Your Finances

Learn how cross-collateralization affects your finances, especially with auto and mortgage loans. Protect yourself by understanding lender practices and key terms.
JD Supra

Legal Alert: DOL Proposes Short-Term Relief for and then Prohibition of Many Cross-Collateralization Agreements for IRAs and ERISA Plans

On May 24, 2013, the U.S. Department of Labor (DOL) proposed to amend ERISA Prohibited Transaction Class Exemption 80-26 (PTE 80-26) to allow an indemnity, security interest or other ...
Financial Planning

Skirting an IRA Pitfall

Because of an agreement they signed with their brokers, some IRA owners may unknowingly be vulnerable to having their whole account taxed. A recent IRS announcement provides a temporary reprieve for ...
JD Supra

IRS Provides Temporary Relief for IRA Cross-Collateralization Agreements

In Announcement 2011-81 (December 12, 2011), the Internal Revenue Service (IRS) granted temporary relief for an indemnity, security interest or other cross-collateralization agreement provided by an ...
The Business Journals

Gantry cross-collateralization on the Peninsula

Latest deal follows recent $10.5 million bridge loan for Urban Catalyst's Icon and Echo tower residential projects. Gantry, Inc. the San Francisco-based commercial mortgage banking company announced ...