Topic
Mortgage Servicing
241 published works
Noel Ansah
Lack of Evidence and Missed Deadlines Doom Foreclosure Appeal in NewRez v. Velazquez
By Noel Ansah
The New Jersey Appellate Division recently affirmed a final judgment of foreclosure inNewRez, LLC v. Velazquez, underscoring the importance of timely and competent litigationstrategy in mortgage foreclosure matters. The decision…
Consumer Finance and Fintech Blog
California Enacts New Mortgage Servicing and Foreclosure Standards
By A.J. Dhaliwal, Mehul Madia, Sherwin Root
On June 30, California Governor Newsom has signed AB 130, a budget trailer bill related to housing. This legislation includes new requirements for mortgage servicers of subordinate mortgages, defined in…
Consumer Financial Services Review
California Enacts Servicing Requirements for Subordinate Residential Mortgages
By Krista Cooley, Ian Brown, Kris D. Kully
On June 30, California Governor Newsom signed Assembly Bill No. 130 (“AB130” or the “Bill”). Effective immediately, the Bill added a new section to the California Civil Code to codify…
Consumer Finance and Fintech Blog
CFPB Terminates Two Consent Orders Addressing Overdraft Fees and Mortgage Servicing Violations
By A.J. Dhaliwal, Mehul Madia, Maxwell Earp-Thomas
On July 1, the CFPB terminated two separate consent orders, one involving a federal credit union and the other involving a national mortgage servicer. Both orders stemmed from 2024 enforcement actions…
Consumer Finance Monitor
CFPB Files Rulemaking Items With Office of Management and Budget
By Richard J. Andreano, Jr., John L. Culhane, Jr.
The CFPB recently made filings with the Office of Management and Budget (OMB) regarding the following rules: Loan Originator Compensation Requirements Under the Truth in Lending Act (Regulation Z). Discretionary…
Consumer Financial Services Law Monitor
CFPB Signals Review of Mortgage Servicing and Larger Participant Rules
By Stefanie Jackman, Joseph Reilly, Jesse Silverman, Chris Willis, David N. Anthony, Lori Sommerfield
Last week, the Consumer Financial Protection Bureau (CFPB or Bureau) submitted several regulatory proposals to the Office of Management and Budget (OMB) for review. Among the rules under consideration are…
Financial Services Perspectives
CFPB Rescinding the 2021 COVID-19 Mortgage Servicing Final Rule
By Jonathan R. Kolodziej, Jason R. Bushby
On May 15, 2025, the Consumer Financial Protection Bureau (CFPB) filed an interim final rule in the Federal Register that will rescind its prior 2021 COVID-19 mortgage servicing final rule.…
Financial Services Perspectives
CFPB’s Successor Homeowner Issue Spotlight: The Other Side of the Story
By Jonathan R. Kolodziej, Christy W. Hancock
On December 17, 2024, amid a flurry of activity by the Consumer Financial Protection Bureau (CFPB), the agency released an Issue Spotlight discussing “problems with mortgage companies” that homeowners face…
Family Law Prof Blog
CFPB Report Finds Mortgage Companies Create Obstacles for Homeowners After Death or Divorce
By Family Law
From Consumer Financial Protection Bureau:Today, the Consumer Financial Protection Bureau (CFPB) issued a report on the experiences of homeowners dealing with their mortgage company after divorce or the death of…
Ira J. Metrick's Law Blog
Can a Mortgage Company Refuse My Payment?
By JSMTAdmin
If your mortgage company refuses payment, it’s important to seek legal advice to understand your options and protect your home. At the Law Office of Ira J. Metrick, Esq., we…