Matthew Morr

Matthew Morr

Ballard Spahr LLP

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“Operation Mis-Modification” Targets Foreclosure Relief Companies

The CFPB continues to ramp up its enforcement actions and its collaboration with state AG offices as part of the new “Operation Mis-Modification.” The CFPB, the FTC and fifteen states announced a series of lawsuits...more

7/28/2014 - CFPB Dodd-Frank Enforcement Enforcement Actions Foreclosure Foreclosure Relief Companies FTC Popular UDAAP

Supreme Court of Rhode Island Declares Usury Savings Clauses Void

For public policy reasons, the Rhode Island Supreme Court recently held that usury savings clauses are void and unenforceable. In NV One, LLC v. Potomac Home Capital, LLC, borrowers who had defaulted on their note filed a...more

2/28/2014 - Borrowers Commercial Loans Default Lenders Usury Void and Unenforceable

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