On May 5, 2021, the U.S. District Court for the District of Columbia struck down the Centers for Disease Control and Prevention's nationwide eviction moratorium. According to the court, the CDC exceeded the scope of its...more
On July 24, 2020, the New York State Courts issued Administrative Order 157/20 (AO/157/20). Effective July 27, 2020, AO/157/20 removes the formal suspension of all residential foreclosures, but keeps a limited suspension of...more
7/31/2020
/ Borrowers ,
Commercial Property Owners ,
Coronavirus/COVID-19 ,
Court Schedules ,
Financial Distress ,
Forbearance Agreements ,
Foreclosure ,
In Pro Per ,
Moratorium ,
Mortgages ,
New York ,
Remote Hearings ,
Residential Property Owners ,
Settlement Conferences
On June 17, 2020, New York Governor Andrew Cuomo signed Senate Bills 8243C and 8428 into law, adding Section 9-x to the Banking Law. The section creates new procedures for mortgagors and servicers in relation to forbearances...more