Servicers and owners of non-performing commercial loans may seek the appointment of a rent receiver to manage cash flow and keep utilities and property vendors current during the pendency of a foreclosure. Connecticut...more
Loan servicers and their counsel are often sued by consumers during contested mortgage foreclosure proceedings. The United States Supreme Court’s opinions in Spokeo, Inc. v. Robins and TransUnion v. Ramirez continue to be an...more
11/4/2024
/ Article III ,
FDCPA ,
Financial Services Industry ,
Foreclosure ,
Injury-in-Fact ,
Loan Servicer ,
Mortgages ,
RESPA ,
Spokeo v Robins ,
Standing ,
Statutory Violations ,
TransUnion LLC v Ramirez ,
Truth in Lending Act (TILA)
Servicers with non-performing loans in Connecticut may find that municipal code violations exist on a property in foreclosure. Commonly referred to as "blight," Connecticut has enacted C.G.S. § 7-148ff, which makes a blight...more