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COVID-19 EFFECT ON LENDER LIABILITY
By: Catherine Di Lorenzo, Esquire Each day new federal and state legislation are issued establishing new accommodations for borrowers due to COVID-19. The Cares Act …
NJ Landlords Sue Governor Murphy & Cabinet Members for Alleged Abuse of Authority
By: David Lambropoulos, Esquire Governor Phil Murphy, his Attorney General (Mr. Gurbir S. Grewal) and Health Commissioner (Ms. Judith Persichilli) were recently named in a …
What You Need to Know About the New Jersey Foreclosure Prevention Act
By: Salvatore Carollo, Esquire, Senior Litigation Attorney New Jersey has recently introduced bill A-5130, which is known as the “New Jersey Foreclosure Prevention Act”. This …
Have You Considered Refinancing Your Mortgage?
by: Zachary H. Champion, Esquire, Managing Attorney for REO/Retail Closings Have you considered refinancing your mortgage? Now may be a good time. This week, Zillow’s …
New Federal Legislation Extends Qualified Personal Residence Indebtedness Income Exclusion
By: Thomas E. Shea, Esquire Originally passed as part of the federal Mortgage Forgiveness Relief Debt Relief Act of 2007, Congress added Section 108(a)(1)(E) was …
Enforcing Prepayment Premiums in New Jersey Commercial Mortgage Foreclosures
By: Lucas Anderson, Esquire Prepayment Premiums are common features of commercial loan contracts. These provisions are generally used to compensate lenders in cases where a …
Despite Vaccine, New Jersey’s Landlords Continue to be Plagued by Gubernatorial Policy, are left with few meaningful remedies to deal with Non Paying Tenants*
by: David Lambropoulos, Esquire It goes without saying that this has been a difficult year for everyone. This is particularly true with respect to …
Governor Murphy’s Executive Order No. 106: What does this mean for NJ Foreclosures & Evictions?
By: Salvatore Carollo, Esquire, Senior Litigation Attorney Beginning with Governor Murphy’s Executive Order No. 106, every county sheriff in New Jersey has either cancelled or …
