Consumer Finance Watch

JANUARY 17, 2023

New York Law Journal, January 11, 2023 Diana M. Hochul signed the Foreclosure Abuse Prevention Act (Act). Eng and Andrea M. Roberts ● On Dec. 30, 2022, Gov.

Foreclosure 52

Foreclosure 52

ABI

JANUARY 19, 2024

Nationstar Mortgage LLC , the bankruptcy court held that a debtor’s marital interest in his family residence would become a “property interest” warranting an invocation of the automatic stay against a foreclosure proceeding if he obtained a divorce. [1] 8] The bankruptcy court relied upon the decision from the U.S. 17] [1] Jennings v.

Foreclosure 40

Foreclosure Debtor Bankruptcy Creditors 40

Troutman Sanders

OCTOBER 16, 2023

On October 11, the Federal Trade Commission (FTC) announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses. On October 11, the Securities and Exchange Commission (SEC) informed the U.S. On October 11, B25-0449 was signed by Mayor Muriel Bowser (D).

Financial services 52

Financial services Student loans Student Loans Credit Unions 52

ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Law Review Staff Under section 548 of title 11 of the United States Code (the “Bankruptcy Code”), a trustee may avoid any transfer or obligation incurred if the debtor had actual intent to hinder, delay, or defraud creditors. [1] 30] [1] 11 U.S.C. § 30] [1] 11 U.S.C. §

Bankruptcy 40

Bankruptcy Creditors Foreclosure Banks 40

Credit Corp

NOVEMBER 27, 2023

Mary Smith 101 Cedar Road Savannah, GA 31302 msmith@gmail.com (912) 333-3333 11/01/2023 Harry Jones, Loss Mitigation Department of Georgia Bank 444 Peach Lane Atlanta, GA 30033 Re: Account #10122467894231 Dear Harry Jones: I am writing this letter to request assistance with my personal loan during a time of financial hardship.

Debt Consolidation 98

Debt Consolidation Creditors Lender Loans 98

Troutman Sanders

MARCH 8, 2021

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. Over 11 million families are behind on their rent or mortgage payments: 2.1 The CPDA will become effective on January 1, 2023.

Financial services 52

Financial services Retail Foreclosure Financial Institution 52

Troutman Sanders

AUGUST 1, 2023

On July 26, the CFPB published its Summer 2023 Supervisory Highlights report. Department of Justice and a coalition of other states, sued the airlines because of the Northeast Alliance on September 21, 2021, and on May 19, 2023, the court ruled that the venture violated the federal Sherman Act. For more information, click here.

Financial services 52

Financial services Financial Institution Debt collector Fair Debt Collection 52