Acquisition Judgment Lender 
Jimerson Firm
OCTOBER 22, 2020
Sometimes, foreclosure of a commercial property is the only option available to lenders and servicers to limit losses as a result of defaults on hotel and restaurant mortgages. Parts 1-4 of this series discussed pre-foreclosure options available to lenders dealing with hotel/restaurant mortgage defaults. 702.015(4) , Fla.
Collection Industry News
JANUARY 24, 2022
On January 18, the CFPB filed a proposed final judgment against an Illinois-based third-party payment processor BrightSpeed Solutions and its founder Kevin Howard (collectively, “defendants”), which ceased operations almost three years ago, settling claims that the defendants facilitated payments for telemarketing fraudsters targeting seniors.
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Jimerson Firm
JULY 20, 2020
The original note and the allonges must be filed with the court before the entry of any judgment of foreclosure or judgment on the note. 673.3091 (2) shall be provided before the entry of final judgment. (c)?Include Correct copies of the note and all allonges to the note must be attached to the certification.
Troutman Sanders
JUNE 14, 2023
On June 8, the Commodities Futures Trading Commission (CFTC) obtained a default judgment against a decentralized autonomous organization (DAO) Ooki Dao in the U.S. On June 8, the CFPB released its Semi-Annual Report to Congress for the period beginning April 1, 2022, and ending September 30, 2022. For more information, click here.
Troutman Sanders
MARCH 4, 2024
On February 29, the Consumer Financial Protection Bureau (CFPB) issued a circular to law enforcement agencies and regulators explaining how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or lenders because of kickbacks. For more information, click here.
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