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New Jersey Prepayment Law Does Not Apply to Individual Guarantors of a Commercial Loan

The New Jersey Superior Court, in Lopresti v. Wells Fargo Bank, N.A., determined that the New Jersey Prepayment Law, N.J.S.A. § 46:10B-1, does not apply to individual guarantors who had guaranteed a commercial loan. There,...more

A Familiar Shadow: Anticipating CFPB’s Impact On Commercial Lending

The July 2013 issue of the “Mortgage Banking” magazine focuses on the Consumer Financial Protection Bureau (or “CFPB”). The coverline is this: “CFPB – A Powerful New Overseer.”...more

Refresh Your Mortgage Loan Documents with these Tech Topics

Most commercial real estate loan documents give meaning to the phrase “real estate is old as dirt.” Why? Because just as dirt doesn’t change, commercial mortgage loan documents largely ignore the impact of technology on the...more

Commercial and Multifamily Mortgage Delinquency Rates Are At Lowest Levels Since 2009: News Release of the Week

Lending is obviously important to land planning and commercial real estate development and Florida has been particularly hard hit in its financial industry, so the news this week from the Mortgage Bankers' Association...more

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