by Dave Steinberg | Jan 10, 2019 | News and Alerts
In an unpublished opinion, the Michigan Court of Appeals provided guidance on how the priority of a condominium lien is evaluated if the lien is recorded after a first and second mortgage. In addition, the decision shows that lenders may successfully plead and claims...
by Dave Steinberg | Jan 10, 2019 | News and Alerts
District of Columbia Court of Appeals finds that a lien covering a period in excess of six months prior to the 2017 amendment to D.C.Code § 42-1903.13 maintains its super-priority status as a split-lien. In a decision from the District of Columbia Court of Appeals on...
by Dave Steinberg | Jan 10, 2019 | News and Alerts
The City of Providence, Rhode Island, announced a new Real Estate Non-Utilization Tax on vacant and abandoned property within the City. The Tax was aproved by Providence City Council and signed into law by Mayor Elorza On October 9, 2018. Pursuant to the new law, the...
by Dave Steinberg | Jan 10, 2019 | News and Alerts
The Supreme Court of Virginia affirmed the circuit court’s finding that the borrower’s breach of contract claims against his lender accrued when his debt was accelerated prior to foreclosure for statute of limitations purposes. In Kerns v. Wells Fargo Bank, N.A., 296...
by Dave Steinberg | Jun 22, 2018 | News and Alerts
Massachusetts Continues Focus on Credit Card Debt Collection Over the past year, collection practices of the consumer credit card industry have been the target of considerable action by virtually all branches of the government of the Commonwealth of...
by Dave Steinberg | Jun 22, 2018 | News and Alerts
Strict Compliance Standard for Notice of Default Letters (Massachusetts) The legal standard of “strict compliance” is not a new concept, especially in Massachusetts as it pertains to the foreclosure process. However, since July 2015 when strict compliance was...