Topic
Foreclosures
862 published works
Credit Chronometer
Hidden Threats to Lien Priority: How Mortgage Lenders Can Hold Their Ground
Residential mortgage lending has seemed to fare reasonably well in the thick of the pandemic due to stimulus and relief programs, but as pandemic-era relief recedes and foreclosures rise, hidden…
NextGen Financial Services Report
Workouts Never Go Out of Style: What To Expect in the CMBS Market During the Second Half of 2021, and Beyond
By Edward S. Weil, Mark A. Silverman, Leia Scott
2020 was a bad year… okay, it was a really, really bad year. CMBS borrowers, in particular, found themselves in default and often-times upside down on their CMBS loans. While…
Bank Law Monitor
HB 2009 Moves to Senate Floor
Earlier this afternoon, the Oregon Senate Committee on Housing and Development voted 3-2 to advance House Bill 2009 (HB 2009) out of Committee and to the Senate floor for a…
Herrick Restructuring Review
Bronx Miracle Gospel Tabernacle: Lender’s Nightmare Continues
By Stephen Selbst, Rodger Quigley
In a recent appeal to the Second Circuit, Bronx Miracle Gospel Tabernacle Word of Faith (the “Church”), asks the Second Circuit for relief from the sale of its property by…
Consumer Financial Services Watch
COVID-19: CFPB’s Proposed Mortgage Servicing Amendments Add Loss Mitigation Protections for Borrowers and Signal Heightened Expectations for Mortgage Servicers’ Operational Loss Mitigation Efforts
By: Phoebe S. Winder, Ryan M. Tosi, and Stacey L. Gorman On 5 April 2021, the Consumer Financial Protection Bureau (CFPB) solicited comments on proposed amendments to Regulation X,[1] which…
Regulatory Oversight
CFPB Takes Actions to Limit COVID-19-Related Mortgage Foreclosures
By Paul Boller, David M. Gettings
On April 5, the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking (NPR) to amend Regulation Z, specifically to "prevent avoidable foreclosures" due to the COVID-19 pandemic…
Ira J. Metrick's Law Blog
Why Did My Lender Reject My Loan Modification?
We get many calls from clients who believed they qualified for a loan modification and spent a great deal of time and effort to apply for a loan modification, only…
State AG Blog
State AG Updates: April 5 – 9, 2021
Each week, Crowell & Moring’s State Attorneys General team highlights significant actions that State AGs have taken. Here are this week’s updates. Monday, April 5, 2021: CFPB The Consumer Financial…
Human Rights at Home Blog
COVID and the Homelessness Crisis
By Geoffrey K. McDonald In the wake of the COVID pandemic, there is no doubt that the nation will face a crisis of evictions and foreclosures, similar to what was…
Indiana Commercial Foreclosure Law
Title Work And Foreclosures In Indiana
One of the common themes on this blog has been the importance of obtaining title work in connection with an Indiana commercial mortgage foreclosure case. If you’re wondering why your…