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Alerts

Alerts / 29 June 2021

CFPB Issues Protections for Borrowers Facing Foreclosure Due to COVID-19 Emergency

The CFPB issued its final rule seeking to prevent avoidable foreclosures through the end of 2021 by assisting mortgage borrowers affected by the COVID-19 emergency.
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Alerts / 3 May 2021

An Analysis of Ohio's New Statute of Limitations Applicable to Mortgage Foreclosures

Ohio's recently-enacted Senate Bill 13, which becomes effective June 14, 2021, impacts the statutes of limitation applicable to various matters, including mortgage foreclosures.
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Insights

Insights / 3 August 2021

The CFPB's Mortgage Servicing COVID-19 Rule: A Compliance Checklist for Foreclosure Referrals

The CFPB's 2021 Mortgage Servicing COVID-19 Rule will be effective August 31st, 2021. Among other things, this Rule requires specified communications with a delinquent borrower prior to commencing a foreclosure.
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Insights / 27 June 2019

Proposed Changes to Ohio's Statute of Limitations on Contracts Raises Concerns for Creditors

The recently introduced Ohio H.B. 251 is pending in the House's Civil Justice Committee, and is sparking significant argumentation among trade groups on both sides of the issue.
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