Topic
Forbearance
22 published works
Financial Services Perspectives
FHFA Announces COVID-19 Forbearance Relief for Mortgage Servicers
In a statement released on April 21, 2020, the Federal Housing Finance Agency (FHFA) announced that mortgage servicers would only be required to advance four months of missed payments for…
Lancaster Law Blog
Student Loan Forbearance During Coronavirus – The CARES Act
On March 27, 2020, the president signed the CARES (Coronavirus Aid, Relief, and Economic Security) Act into law. One of the key provisions of the Act provides substantial relief for…
Retained Interest
Might Consumer Forbearance be Expanded to Business?
To contain the coronavirus and save lives, the government has required many people to stay home and not report to work. To help those people manage their financial obligations, the…
Consumer Finance Litigation Bulletin
New York Executive Order and Regulation Requires Banks To Honor Forbearance Requests And Other Regulated Entities To Potentially Restrict Late And Overdraft Fees
By 7767
New York Executive Order and Regulation Requires Banks To Honor Forbearance Requests And Other Regulated Entities To Potentially Restrict Late And Overdraft Fees On March 7, 2020, Governor Cuomo issued…
Banking, Finance and Securities
Basel Committee guidance on the prudential treatment of problem assets – definitions of non-performing exposures and forbearance
The Basel Committee on Banking Supervision (Basel Committee) has published final guidelines that are intended to complement the existing accounting and regulatory framework in relation to asset categorisation. Specifically the…
Banking, Finance and Securities
Basel Committee consults on guidelines on definitions of non-performing exposures and forbearance
The Basel Committee on Banking Supervision (Basel Committee) has published a consultative document on guidelines on the prudential treatment of problem assets, setting out definitions of non-performing exposures and forbearance.…
North Carolina Appellate Practice Blog
Supreme Court Upholds Broad Waiver in Forbearance Agreement
When a borrower gets behind on payments to a lender, she is often given the chance to restructure that debt. After all, you can’t squeeze blood from a turnip. But…
Banking, Finance and Securities
Thematic review 14/3: Mortgage lenders’ arrears management and forbearance
The FCA has published Thematic Review 14/3: Mortgage lenders’ arrears management and forbearance (TR14/3). In TR14/3, the FCA reports on its key findings of a thematic review into mortgage lenders’…
CommLawBlog
Qwest Quest for Forbearance Quashed
By FHH Law
The Tenth Circuit has upheld the FCC's 2010 denial of regulatory forbearance to Qwest Corporation. In doing so it has given the FCC some leeway when the agency changes its…
CommLaw Monitor
Tenth Circuit Issues Decision in Qwest Phoenix Forbearance Appeal
By Kelley Drye
Randy Sifers contributed to this blog post. Yesterday, the U.S. Court of Appeals for the Tenth Circuit issued its long-awaited decision in Qwest v. FCC, Qwest’s appeal of the Federal…