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News

News / 24 January 2024

Weltman Attorneys Named to the 2024 Ohio Super Lawyer and Rising Star Lists

Weltman, Weinberg & Reis Co., LPA, a full-service creditors' rights law firm with over 93 years of client service, is honored to announce two of its attorneys were named to the 2024 Ohio Super Lawyers list, with an additional three attorneys being named to the 2024 Ohio Rising Stars list.
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News / 4 January 2023

Weltman Attorneys Named to the 2023 Ohio Super Lawyer and Rising Star Lists

Weltman, Weinberg & Reis Co., LPA, a full-service creditors' rights law firm with over 92 years of client service, is honored to announce three of its attorneys were named to the 2023 Ohio Super Lawyers list, with an additional three attorneys being named to the 2023 Ohio Rising Stars list.
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Alerts

Alerts / 7 December 2020

Fannie Mae and Freddie Mac Foreclosure and REO Eviction Moratoriums Extended Through January 31, 2021

The Federal Housing Finance Agency (FHFA) has announced that the moratoriums on Fannie Mae or Freddie Mac single-family foreclosures and real estate owned (REO) evictions are extended until at least January 31, 2021.
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Alerts / 20 December 2018

Coming Soon in Ohio: Online Notarizations

The Ohio legislature has passed Sub. S.B. 263, the Notary Public Modernization Act, for the Governor's signature. The bill will allow a notary public to obtain an electronic seal and electronic signature, and allow document signers to appear before the notary by means of live two-way audio-video communication.
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Insights

Insights / 19 November 2020

Some Things Servicers Should Inform Borrowers About Forbearance, or Full or Partial Loan Forgiveness

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.
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Insights / 7 February 2018

Mortgage Loan Modifications-What is the Risk of Loss of Lien Priority?

Lenders 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...
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