Weltman, Weinberg & Reis Co.http://www.weltman.com/?t=39&format=xml&stylesheet=rss&directive=0&records=15en-us21 Apr 2018 00:00:00 -0800firmwisehttp://blogs.law.harvard.edu/tech/rssThe CFPB is About to Enact New Requirements for Mortgage Servicers – Is Your Organization Prepared?http://www.weltman.com/?t=40&an=75755&format=xml&p=7735On April 19th, changes made by the Consumer Financial Protection Bureau (CFPB) via the Mortgage Servicing Final Rule to Regulation Z will take effect, and mortgage servicers will be required to make changes to the periodic statements or coupon books that they send to borrowers who have filed bankruptcy. Whereas the previous version of Regulation Z contained a blanket exemption to the periodic statement rule for borrowers who have filed bankruptcy, the new rule requires servicers to send periodic statements containing certain bankruptcy-specific modifications.Advisories11 Apr 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=75755&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA Shareholder Sara M. Costanzo Transitions to Firm's Business Development Teamhttp://www.weltman.com/?t=40&an=75725&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA (WWR), a full-service creditors' rights law firm now in its 88th year of client service, is pleased to announce that Shareholder Sara M. Costanzo has transitioned to a new role with the firm's Business Development team.Firm News10 Apr 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=75725&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA Bankruptcy Attorney Admitted to Practice in U.S. District Court for the Northern District of Texashttp://www.weltman.com/?t=40&an=75618&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA (WWR), a full-service creditors' rights law firm now in its 88th year of client service, announces that Attorney Jason K. Wright was admitted to practice in the U.S. District Court for the Northern District of Texas.Firm News03 Apr 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=75618&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA Welcomes New Bankruptcy Attorney to Pittsburgh Officehttp://www.weltman.com/?t=40&an=75427&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA (WWR), a full-service creditors' rights law firm now in its 88th year of client service, welcomes Attorney Brian T. Langford to its Pittsburgh, Pennsylvania Bankruptcy Practice Group.Firm News27 Mar 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=75427&format=xml&p=7735Broad Post-Judgment Discoveryhttp://www.weltman.com/?t=40&an=75058&format=xml&p=7735Once a creditor has secured a judgment against a debtor, questions may arise regarding which post-judgment discovery methods are available to aid in executing on a judgment. Questions such as whether it is permissible to serve discovery on a person other than the judgment debtor, and if so, what limits and restrictions apply.Insights07 Mar 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=75058&format=xml&p=7735Is Regulatory Relief on the Way for Community Banks?http://www.weltman.com/?t=40&an=74551&format=xml&p=7735On January 18, 2018, the House Financial Services Committee approved some bills that, if passed by the House and Senate, will roll back some of Dodd-Frank's provisions. One of those proposed bills is the Community Financial Institution Exemption Act, H.R. 1264, which was originally introduced by Representative Roger Williams (R-TX) on February 28, 2017. The Community Financial Institution Exemption Act, which was passed by the committee in a 30 to 25 vote, has support from the Credit Union National Association (CUNA) and the Independent Community Bankers of America (ICBA), among others. This bill, if approved by the House and Senate, could provide considerable relief to community banks from the crushing rules and regulations of the Consumer Financial Protection Bureau (CFPB).Insights08 Feb 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=74551&format=xml&p=7735Mortgage Loan Modifications – What is the Risk of Loss of Lien Priority?http://www.weltman.com/?t=40&an=74514&format=xml&p=7735Lenders and borrowers often enter into loan modification agreements to change the terms of a mortgage loan. Perhaps the most common modification arises when the borrower is experiencing difficulty repaying the loan according to its original terms, and the lender, seeking to preserve the loan as a performing loan, agrees to reduce the monthly payments and extend the repayment period.Insights07 Feb 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=74514&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA Attorney Charles Andrew ("Drew") Walgreen Named to the 2018 List of Illinois Rising Starshttp://www.weltman.com/?t=40&an=73298&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA (WWR), a full-service creditors' rights law firm now in its 88th year of client service, congratulates Attorney Charles Andrew ("Drew") Walgreen for being named to the 2018 list of Illinois Rising Stars.Firm News25 Jan 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=73298&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA Welcomes New Bankruptcy Attorney to Columbus Officehttp://www.weltman.com/?t=40&an=73058&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA (WWR), a full-service creditors' rights law firm now in its 88th year of client service, welcomes Attorney Laura L. Peters to its Columbus, Ohio Bankruptcy Practice Group. Ms. Peters will practice in both consumer and commercial bankruptcy.Firm News16 Jan 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=73058&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA Announces the Election of Three New Shareholdershttp://www.weltman.com/?t=40&an=72977&format=xml&p=7735Weltman, Weinberg & Reis Co., LPA (WWR), a full-service creditors' rights law firm now in its 88th year of client service, is proud to announce the election of three new Shareholders: Benjamin N. Hoen, Matthew D. Urban, and Matthew M. Young.Firm News09 Jan 2018 00:00:00 -0800http://www.weltman.com/?t=40&an=72977&format=xml&p=7735