As we previously noted, the statute of limitations on actions to enforce a note or deed of trust can be a brutally effective sword for borrowers in Washington State. Under the six-year limitations period of RCW 7.28.300, a...more
3/31/2022
/ Appeals ,
Bankruptcy Discharge Order ,
Borrowers ,
Debtors ,
Deed of Trust ,
Foreclosure ,
Lenders ,
Mortgages ,
State and Local Government ,
Statute of Limitations ,
Washington
On December 8th, the Consumer Financial Protection Bureau (CFPB) issued the 25th edition of its Supervisory Highlights report, which covers examinations completed in the first half of 2021. The CFPB reported on violations...more
The U.S. Court of Appeals for the Eleventh Circuit recently upheld a lower court’s decision in Hunstein v. Preferred Collection and Management Services, Inc., 994 F.3d 1341 (11th. Cir. 2021). They affirmed that a debt...more
The year 2020 was a tumultuous one given the unexpected COVID-19 pandemic, particularly for the mortgage lending and servicing industry. In response to sudden stay-at-home orders and a sharp drop in employment rates, federal...more
4/2/2021
/ Biden Administration ,
CARES Act ,
Code of Federal Regulations (CFR) ,
Consumer Litigation ,
Government Agencies ,
Litigation Fees & Costs ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
Paycheck Protection Program (PPP) ,
Regulatory Oversight ,
State and Local Government ,
State Regulators