Topic
Foreclosures
862 published works
Ira J. Metrick's Law Blog
My House Went Into Foreclosure, Now What?
By JSMTAdmin
We are a New Jersey Consumer Defense Law Firm that focuses on Defending Foreclosures and helping our clients get Mortgage Loan Modifications. New Jersey Foreclosure can make you feel like…
LenderLaw Watch
New York Courts Split on the Constitutionality of the Foreclosure Abuse Prevention Act
In the six months since New York’s governor signed the Foreclosure Abuse Prevention Act, L. 2022, ch. 821 (eff. Dec. 30, 2022) (FAPA), a split has emerged about whether the…
Credit Chronometer
The Wall of Maturities Looms in the Shadow of Bank Failures. What’s Next for Commercial Real Estate?
Commercial real estate (CRE) sectors have not escaped the perma-crisis era in which we live, and the worst appears yet to come. First, hospitality and retail suffered setbacks with pandemic…
Indiana Commercial Foreclosure Law
What Is The “Protecting Tenants at Foreclosure Act” And Does It Apply To Foreclosures On Multi-Family Properties?
The Statute. The Protecting Tenants at Foreclosure Act (the "Act"), 12 U.S.C. Section 5220, is a 2018 federal law that offers security for renters living in foreclosed properties. The Act…
Elder Law Issues
Trustee Needs a Lawyer in Court Proceeding
It’s a question that comes up surprisingly often. Can a trustee represent herself in a lawsuit? In other words, does a trustee always need a lawyer in court? The short…
Louisiana Law Blog
Executory Process Foreclosure on Real Estate in Louisiana
By Eric Lockridge, Katilyn Hollowell
In this part two of our discussion of the foreclosure process on commercial real estate in Louisiana, we are demystifying the procedures involved in executory process foreclosures in Louisiana. While…
Financial Services Perspectives
CFPB Issues Guidance to Lenders and Collectors on So-Called Zombie Second Mortgages
By Christy W. Hancock, John Thomas Mostellar III
On April 26, 2023, the CFPB issued an advisory opinion clarifying that a debt collector who brings or threatens to bring a foreclosure action to collect a time-barred mortgage debt…
Consumer Financial Services Law Monitor
CFPB Issues Advisory Opinion on “Zombie Debt”
By Joseph Reilly, Stefanie Jackman, David N. Anthony, Jonathan Floyd
On April 26, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an advisory opinion reminding the industry that a debt collector who brings or threatens to bring a foreclosure…
Louisiana Law Blog
Louisiana Foreclosures on Commercial and Industrial Property Require the Involvement of Judges and Sheriffs
By Eric Lockridge, Katilyn Hollowell
Foreclosure proceedings in Louisiana can be challenging for lenders and servicers not familiar with the Bayou State’s particular procedures. This blog post provides a brief introduction to Louisiana’s foreclosure process…
Indiana Commercial Foreclosure Law
Apparent Windfall Not Enough to Set Aside Federal Foreclosure Sale or Negate Deficiency Judgment
Lesson. Judgment debtors (defendants) concerned about liability for a post-sheriff’s sale deficiency judgment should closely monitor the sale process and, if possible, take action to maximize the value of the…