Alerts

On October 13, 2020, the Consumer Financial Protection Bureau, (CFPB), issued a Consent Order against an auto lender that will affect how repossessions and payment processing are handled in the future.

The United States Bankruptcy Court for the Southern District of Ohio adopted a Mortgage Modification Mediation Program (MMM Program), effective October 1, 2020. The goal of the program is to encourage debtors and creditors to reach a consensual resolution.

On September 18, 2020, Illinois Governor J.B. Pritzker entered Executive Order 2020-55, which re-issues and extends the duration of Executive Order 2020-25 through October 17, 2020.

On September 3, 2020, Summit County, Ohio, lifted its moratorium regarding Sheriff Sales.

On September 11, 2020, the Morrow County Ohio Court of Common Pleas issued a new order in response to the COVID-19 public health crisis.

Many courts have resumed processing foreclosure cases, of which are not subject to a Federal or State COVID-related moratorium.

Fannie Mae, Freddie Mac, FHA and HUD, all of which had imposed COVID-19 foreclosure and eviction moratoria in March 2020, have extended the moratoria until at least December 31st, 2020. The moratoria, which had been extended twice previously, were scheduled to expire on August 31st, 2020.

On June 10th, 2020, effective on August 4th, 2020, Washington County in Pennsylvania will allow defendants to seek a 90-day stay in mortgage foreclosure actions.

The Ohio Rules of Civil Procedure were amended, effective July 1, 2020, to allow plaintiffs to seek a waiver of service from the defendant in order to help avoid the expense of serving the summons in Ohio Common Pleas Courts.

With the State of Illinois and the City of Chicago having approached its next phases of reopening, Illinois Governor J.B. Pritzker has extended and reissued various Executive Orders in response to the ongoing COVID-19 public health crisis.