News & Analysis as of

Mortgages › Legislative Agendas

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 -
Cozen O'Connor

Cozen Currents: Is Harris the Answer?

Cozen O'Connor on

The Cozen Lens - While it’s becoming ever clearer Vice President Harris is likely to be the Democratic nominee following President Biden’s decision to step aside, it’s less clear what the impact will be on the presidential...more

Ballard Spahr LLP

Wisconsin Senate Proposes New Bill to Revise Money Transmission, Consumer Lenders, Collection Agency, and Other Financial Services...

Ballard Spahr LLP on

In November 2023, S.B. 668 was introduced in the Wisconsin Senate. S.B. 668 would make sweeping changes to the state laws governing financial service providers. The bill creates a pathway for the Wisconsin Department of...more

Cozen O'Connor

Cozen Currents: Political Costs Add Up on Both Sides

Cozen O'Connor on

The Cozen Lens- • The disarray in the House GOP conference has political benefits for Democrats, at least in the short term, but it could also have a significant impact on FY24 discretionary spending, which could result in...more

Akerman LLP

New York State Legislators Reintroduce Bill Proposing Tax on Mezzanine Debt and Preferred Equity Investments

Akerman LLP on

In the January 2023 legislative session, New York State Senators Salazar, Brisport, Hoylman, Jackson, Myrie, and Rivera submitted a bill, S-318 which seeks to impose a mortgage tax on mezzanine debt on, and preferred equity...more

Katten Muchin Rosenman LLP

UPDATE: Proposed Taxes on Mezzanine and Preferred Equity Financing Resurface in New York Legislature

Katten Muchin Rosenman LLP on

Key Points - - New York lawmakers have reintroduced legislation that, if adopted into law, would make mezzanine and preferred equity financing subject to the mortgage recording tax. - The legislation would also...more

Katten Muchin Rosenman LLP

New York State Lawmakers Consider New Taxes on Mezzanine and Preferred Equity Financing, Owners of Second "Pied-à-Terre" Homes in...

Katten Muchin Rosenman LLP on

Key Points - - New York State lawmakers, who are looking to make up the gap in the state's annual budget, are considering proposals for nearly $7 billion in tax hikes in a package that includes taxes on mezzanine and...more

Cadwalader, Wickersham & Taft LLP

The Changes Continue | February 2021 | Issue No. 21: New York Assembly-Sponsored Legislation Proposes New Tax on Mezzanine Debt...

Cadwalader, Wickersham & Taft LLP on

Assembly Bill A3139 was introduced by Assembly Member Harvey Epstein on January 22, 2021. The bill is currently in committee but, if enacted, it will amend New York’s Real Property Law and Tax Law to require the recording of...more

Pillsbury Winthrop Shaw Pittman LLP

New York State Assembly Reintroduces Legislation Imposing Recording Tax on Mezzanine Debt and Certain Preferred Equity Investments

Pillsbury Winthrop Shaw Pittman LLP on

On January 22, 2021, several New York State Assembly Members reintroduced legislation (Bill No. A03139) that seeks to amend New York’s Real Property Law and Tax Law, New York’s Tax Law and New York’s Uniform Commercial Code...more

Hogan Lovells

Coronavirus: The Hill and the Headlines, December 2020 # 2

Hogan Lovells on

In Washington: Congress continues to debate a new coronavirus relief package, possibly as part of a government spending bill due December 11. Here are the latest developments...more

King & Spalding

What Happened To My Interest Rate? Planning Now To Avoid Value Transfer And Other Risks Upon The Demise Of U.S. Libor

King & Spalding on

As the title suggests, U.S. LIBOR (LIBOR) is going away, with official announcements expected as soon as year-end 2020 of LIBOR’s December 31, 2021 demise. The end of LIBOR will be replete with a plethora of risks for banks,...more

Goulston & Storrs PC

New York State is Considering a (New) Tax That Would Apply to Mezzanine Loans and Preferred Equity

Goulston & Storrs PC on

A New York State legislative proposal (currently in committee review) would impose mortgage recording tax on mezzanine debt and preferred equity investments related to real property upon which a senior loan is being...more

Holland & Knight LLP

California's 2021 Housing Laws: What You Need to Know

Holland & Knight LLP on

As California's housing supply and homelessness crisis continues to worsen, the state Legislature has for the past several years passed numerous pieces of housing legislation in each legislative session. ...more

Clark Hill PLC

Insight on Illinois - August 2020 #1

Clark Hill PLC on

As we hit the dog days of August, government at all levels continues to battle COVID-19 while supporting businesses and families. Nationally, negotiations over a relief package have stalled, and President Trump has issued an...more

Ballard Spahr LLP

Legislation Would Require Purchase and Insurance of COVID-19 Forbearance Loans Without Additional Conditions

Ballard Spahr LLP on

Companion bills were recently introduced in the U.S. House of Representatives (H.R. 6794) and the U.S. Senate (S. 4260) to create the Promoting Access to Credit for Homebuyers Act of 2020. The Act would require Fannie Mae and...more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: Controversial Rent and Mortgage Payment Relief Bill Introduced

Cadwalader, Wickersham & Taft LLP on

A new bill canceling rent for residential tenants, and mortgage payments for some qualified homeowners, was announced last week in New York.  This new bill calls for the cancellation of residential rental payments, and...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – July 2020 #6

Hogan Lovells on

In Washington: Just as some federal agencies are calling for federal employees who are teleworking to return, several Virginia and Maryland lawmakers are warning that it might be too early. ...more

Ballard Spahr LLP

New York Senate Bill Amends Expanded Forbearance Relief Granted by Previous Bill

Ballard Spahr LLP on

As noted in our alert on June 9, 2020, New York Senate Bill S8243C was delivered to the Governor on June 5, 2020. The same day, New York Senate Bill S8428 was also delivered to Governor Andrew Cuomo....more

Ballard Spahr LLP

New York Senate Bill Grants Expanded Forbearance Relief for Some New York Homeowners

Ballard Spahr LLP on

On June 5, 2020, New York Senate Bill S8243C was delivered to Governor Andrew Cuomo and, if signed, will be effective immediately. The bill provides for expanded COVID-19 forbearance relief options dating back to March 7,...more

Farrell Fritz, P.C.

New York State COVID-19 and Legislative Update – May 2020

Farrell Fritz, P.C. on

This week marked seventy days since the inception of New York on PAUSE (Policies to Assure Uniform Safety for Everyone). As COVID-19 emergency response efforts continue to strategically transition into economic recovery and...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update May 2020

Hogan Lovells on

In Washington: COVID-19 cases may not peak in the D.C. region until mid- or even late May.  The Senate is back in session, but it may be a while before the House returns as leaders have not reached a bipartisan agreement on...more

Ballard Spahr LLP

Bipartisan Congressional Pressure Mounts for Mortgage Servicer Liquidity Assistance

Ballard Spahr LLP on

As previously reported, a bipartisan group of seven U.S. Senators sent a letter, dated April 8, 2020, to U.S. Department of Treasury Secretary Steven Mnuchin, in his capacity as Chair of the Financial Stability Oversight...more

Burr & Forman

COVID-19 Collections Restriction Efforts: Ohio, Maryland, and Massachusetts

Burr & Forman on

On March 25, 2020, State Rep. Thomas West of Ohio introduced legislation, HB 596, which would halt all in-state debt collections until Ohio’s state of emergency expired....more

Ballard Spahr LLP

CSBS Will Oppose Any Federal Legislation That Preempts State Licensing and Supervisory Authority

Ballard Spahr LLP on

The Conference of State Bank Supervisors (CSBS) President and CEO, John Ryan, recently announced the CSBS’s legislative priorities for state regulators this year. They include opposing any federal legislation that preempts...more

Ballard Spahr LLP

Comprehensive CREDIT Act Moves to Senate after Passing in House

Ballard Spahr LLP on

On January 29, 2020, the House passed H.R. 3621, the Comprehensive Credit Reporting Enhancement, Disclosure, Innovation, and Transparency Act of 2020 (“Comprehensive CREDIT Act”). Sponsored by Rep. Ayanna Pressley (D-MA), it...more

Ballard Spahr LLP

Inside the Beltway – Ringing in the Near Year With an Impeachment Trial

Ballard Spahr LLP on

What legislative activity can we expect in 2020 in the area of housing finance reform? With the Senate kicking off the New Year with an impeachment trial, it is highly unlikely Congress will make much headway on housing...more

46 Results
 / 
View per page
Page: of 2
Next »

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide