assignee
assignee
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Definition(s):
- (n) (law) the party to whom something is assigned (e.g., someone to whom a right or property is legally transferred)
Usage(s):
- Headed by Managing Director Eugene MacLean, onetime Washington Post general manager, the Observer editors promptly asked a court for an assignee to preserve the weekly's .
- These problems arise in the context of securitization and illustrate the difficulty of determining the name of the holder, the assignee of the mortgage, and the parties with both .
Quotes
- "The question of appropriate assignee liability for some loans remains of great concern to our office," said Attorney General Coakley. "While we are not proposing a regulation at this time, we have not ruled out proposing additional...on Aug 7, 2007 By: Martha Coakley Source: Massachusetts Attorney General
- "These strict (state) assignee liability laws threaten the availability of credit, frankly, in the subprime market," Ney said as he opened a June 2004 hearing focused on the subject. "Acting as a usury cap on mortgage lending, these laws...on Oct 9, 2008 By: Bob Ney Source: Seattle Post Intelligencer
- "History and precedent make clear that such an assignee has long been permitted to bring suit," Justice Stephen Breyer wrote in the majority ruling.on Jun 23, 2008 By: Stephen Breyer Source: CNNMoney.com
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