Examlex
Under the HUD Act of 1968,the assets,liabilities,and management of secondary market operations were transferred to a completely private corporation known as "Ginnie Mae" (GNMA).
Arbitration
Arbitration is a form of alternative dispute resolution where a neutral third party, known as an arbitrator, makes decisions to resolve a dispute outside of court.
Advisory Verdict
A non-binding verdict given by a jury in a civil case, which serves only to advise the judge on certain aspects of the case.
Summary Jury Trial
An abbreviated form of trial that leads to a non-binding verdict, used as a tool for facilitating out-of-court settlements.
Settlement Week
A designated period during which parties to disputes are encouraged to resolve their differences, often through conciliation or mediation.
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