News & Analysis as of

Mortgages Federal Loans

The term "mortgage" typically refers to a mortgage loan.  A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +
The term "mortgage" typically refers to a mortgage loan.  A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and uses that property as collateral for the loan. less -
Brownstein Hyatt Farber Schreck

FHFA Asks for Input on FHLBanks

In May 2024, the Federal Housing Finance Agency (FHFA) published a Request for Input (RFI) titled “Federal Home Loan Bank Core Mission Activities and Mission Achievement” with comments due to the FHFA on July 15, 2024. This...more

Husch Blackwell LLP

New PPP Guidance On Owner-Employees And Rent/Mortgage Interest Forgiveness

Husch Blackwell LLP on

On August 24, 2020, the Small Business Administration (SBA) released a new interim final rule (IFR) regarding permitted forgiveness of loans made under the Paycheck Protection Program (PPP). This new guidance provides relief...more

McGlinchey Stafford

Massachusetts Moratorium Marches On

McGlinchey Stafford on

On July 21, Massachusetts Governor Charlie Baker extended the moratorium on evictions and foreclosures in Massachusetts (which was set to expire on August 18, 2020) by 60 days to October 17, 2020, due to the ongoing...more

Rumberger | Kirk

Creditors Beware: Pitfalls Lurking in the CARES Act and Local Orders

Rumberger | Kirk on

The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) provides, among other things, for eviction and mortgage foreclosure relief, as well as associated fees and penalties associated with nonpayment of rent...more

Mintz - Real Estate, Construction &...

The CARES Act: What Multifamily Owners with Federally Backed Mortgage Loans Should Know

In response to the COVID-19 outbreak, the United States, like many states has reacted by providing certain multifamily landlord and tenants with economic benefits during this unprecedented global pandemic. On March 27, 2020,...more

Greenberg Glusker LLP

The Federal CARES Act – What You Need to Know About the Largest Stimulus Bill in History

Greenberg Glusker LLP on

On March 27, 2020, Congress passed a $2 trillion stimulus bill designed to provide relief to individuals and businesses impacted by the coronavirus (COVID-19) outbreak. The Coronavirus Aid, Relief, and Economic Security Act...more

Ballard Spahr LLP

CARES Act: Overview of Major Provisions Impacting Businesses and Individuals

Ballard Spahr LLP on

On Friday, March 27, 2020, Congress passed and the President signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a $2.2 trillion economic stimulus package that will make hundreds of billions of dollars...more

Rosenberg Martin Greenberg LLP

CARES Act Provisions Affecting Bankruptcy And Residential Mortgage Loans

The Coronavirus Aid, Relief and Economic Security Act (“CARES”) enacted on March 27, 2020 contains a number of provisions affecting bankruptcy cases, modification and enforcement of federally backed residential mortgage...more

Skadden, Arps, Slate, Meagher & Flom LLP

CARES Act Provides Much-Needed Stimulus for U.S. Businesses, Individuals

On March 27, 2020, Congress approved the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide financial assistance to individuals and businesses, which in aggregate greatly exceeds the financial package...more

Blank Rome LLP

New York’s Department of Financial Services Issues Regulation for Financial Institutions to Provide Relief to Consumers Suffering...

Blank Rome LLP on

New York regulated banking organizations as defined under New York Banking Law and any New York regulated mortgage servicer subject to the authority of the New York State Department of Financial Services should take note of...more

McGuireWoods LLP

COVID-19: UK Introduces Non-payment Protections for Commercial Tenants: The UK government has announced that commercial tenants...

McGuireWoods LLP on

An amendment to the emergency Coronavirus Bill means that no business will be forced out of its premises if it misses a rent payment in the next three months. The government will continue to monitor the situation, as...more

Bradley Arant Boult Cummings LLP

Congress Passes $2 Trillion Coronavirus Stimulus Bill

The third stimulus effort responding to the COVID-19 pandemic – the CARES Act – has been signed by President Trump and is now law. The $2 trillion stimulus legislation provides much-needed emergency aid to businesses and...more

Tucker Arensberg, P.C.

Considering Purchasing a Condo Unit But Worried About Financing?

Tucker Arensberg, P.C. on

Have you considered purchasing a condominium unit but were scared off when someone warned you that obtaining a mortgage loan could be difficult?  It seems like most real estate professionals have war stories about seemingly...more

Ballard Spahr LLP

FCC’s Proposed Regulations Would Gut TCPA Exception for Debts Owed to or Guaranteed by U.S.

Ballard Spahr LLP on

The Bipartisan Budget Act of 2015 (Act) amended the Telephone Consumer Protection Act (TCPA) to remove the prior express consent requirement for calls ''made solely to collect a debt owed to or guaranteed by the United...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review

The Federal Housing Finance Agency Releases Final Rule on Federal Home Loan Bank Membership - On January 12, 2016, the Federal Housing Finance Agency ("FHFA") issued a final rule establishing new requirements for...more

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