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Mayer Brown
On June 6, 2022, the US Federal Housing Finance Agency ("FHFA") released the first three-year Equitable Housing Finance Plans (the "Plans") of Fannie Mae and Freddie Mac...
Goodwin Procter LLP
On July 27, 2022, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) announced that they reached a settlement with a nonbank residential mortgage lender to resolve...
Kelley Drye & Warren LLP
Borrowers are frequently offered a number of different payment options for submitting payments, including ACH, mailed paper check, or in-person payments.
Sheppard Mullin Richter & Hampton
Recently, the United States Court of Appeals for the 4th Circuit held that a mortgage servicer's failure to provide a required disclosure informing borrowers of their three-day right to rescind...
Sheppard Mullin Richter & Hampton
On July 27, the CFPB and DOJ proposed a settlement with a nonbank mortgage lender for its discriminatory "redlining" lending practices against minority families living in the greater Philadelphia area.
Goodwin Procter LLP
On July 27, 2022, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) filed a complaint and proposed consent order in...
Jenner & Block
Order granting counterclaim declaring validity of mortgage on the debtor's property does not violate the stay. The debtor acquired property subject to a disputed mortgage.
Seyfarth Shaw LLP
Property Assessed Clean Energy ("PACE") financing is a fast-growing source of potential capital available to developers and property owners throughout the country.
Miller, Canfield, Paddock and Stone P.L.C.
On June 24, 2022, Michigan passed the Michigan Uniform Assignment of Rents Act (MUARA). When it did, Michigan became the first state with a Uniform Assignment of Rents Act...
McGlinchey Stafford
The OCC reported that mortgage performance continued to improve. 96.9% of all mortgages were current and performing, an increase from 94.2% the year earlier.
Cadwalader, Wickersham & Taft LLP
On March 30, 2022, the New York State Supreme Court, New York County (the "Court") decided in Times Square JV LLC v. Walber Broadway LLC that a ground lease-tenant...
McGlinchey Stafford
Dquitable subordination originated as a doctrine in the bankruptcy courts that allows for subordination of claims when the claimant has engaged in some type of "inequitable conduct"...
Withers LLP
Home ownership is part of the American dream and some clients may want to help a child purchase a home.
Mayer Brown
Apparently time flies when you're Director Chopra of the Consumer Financial Protection Bureau ("CFPB").
Freeman Law
Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.
McGlinchey Stafford
The Mortgage Bankers Association's ("MBA") First Quarter 2022 National Delinquency Survey revealed that the delinquency rate for mortgage loans on 1–4-unit residential properties...
Morrison & Foerster LLP
The estimated purchase price is expected to be approximately $514 million.
Goodwin Procter LLP
As in most other market sectors, REIT M&A activity came to a screeching halt in March 2020 as the COVID-19 pandemic took hold in the United States and globally.
Holland & Knight
A recurring issue in New York mortgage lending is under what circumstances the state's six-year statute of limitations on mortgage debts is extended or revived.
Cadwalader, Wickersham & Taft LLP
Here is a rundown of some of Cadwalader's recent work on behalf of clients.
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