Insights

On December 27, 2020, the Consolidated Appropriation Act (CAA) was signed into law and provided further assistance for both borrowers who entered into such forbearance, as well as lenders.

In February 2020, the Supreme Court of Indiana issued its decision in Blair v. EMC Mortgage, which harmonizes the Statutes of Limitations (SOLs) for closed installment contracts.

On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021 (Act), which has since been signed by the President. Under the terms of the Act, individual taxpayers will be receiving a second round of stimulus funds.

As introduced, H.B. 251 would have drastically reduced the statute of limitations for both oral and written contracts.

The Mortgage Bankers Association has reported that as of November 8th, 2.7 million homeowners are in active forbearance plans. Although the rate of new forbearance requests has declined for the 11th straight week, borrowers that are still experiencing financial hardship are likely to request an extension.

Private elementary and secondary schools are unique creditors... But what happens when the families of some students default on their obligation to pay for the education?

Gone are the days of relying exclusively on networking events and face-to-face interactions. Whether COVID-19 is to thank or to blame is subjective, but the fact remains the same: a digital marketing presence is important now more than ever.

After a default, can the lender nevertheless enforce a mortgage through foreclosure if due to an oversight, the mortgage was never recorded and no copy is available? An Ohio Court of Appeals shed light on this issue.

While a total of 36 states previously barred electricity disconnections during the pandemic, 14 states moratoriums have already expired and the rest are following not far behind. That means, for an estimated 24 million American households, the possibility of their power now being shut off looms.

The COVID-19 pandemic has been disastrous for the already-weakened retail industry. These rapid changes have dealt an unprecedented blow to the commercial real estate industry. However, not all real estate sectors are performing in the same manner.