Weltman, Weinberg & Reis Co., LPA, a full-service creditors' rights law firm entering its 90th year in business, is pleased to announce the addition of attorneys Garry A. Masterson and Alexander C. Weinberg to the firm's Cleveland office.
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.
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.
The latest data from mortgage industry tracker, Black Knight, Inc., shows a 450% increase in the number of mortgages that are at least 90 days delinquent since pre-pandemic levels. At the same time, rates on 30-year loans have dropped below 3% for the first time.