Mortgage Lending

Loan Origination, Preemption, and Litigation

Dramatic Changes Concerning Mortgage Lending and Federal Preemption

• New underwriting standards, automated valuation, and ability-to-repay requirements
• Changes to uniform residential loan applications
• Reverse mortgages, land installment contracts, HELOCs, home equity sharing, and other non-traditional mortgages
• New RESPA requirements and VA limits on points and other charges
• Restrictions on loan steering, mortgage broker practices and compensation
• Title insurance, private mortgage insurance, attorney fees, new rules for appraisers
• Regulation of interest rates, balloon payments, prepayment penalties, and negative amortization
• New limits on federal preemption of state credit and mortgage laws
• Survey of all applicable federal and state laws
   

Highly Practical; Invaluable Litigation Tips

• Gathering and analyzing key documents
• Third-party liability and 10 limits on the holder-in-due-course defense, including application to electronic notes
• State-by-state analysis of state law regulating land installment contracts and reverse mortgages
• Federal court standing for RESPA claims after Spokeo and Ramirez
• 50-state analysis of standing requirements in state courts
• Restrictions on arbitration requirements in mortgage litigation
• Suing failed banks

Praise

"The NCLC treatises are like having an expert by your side." — Scott D. Owens, Esq., Law Offices of Scott D. Owens, Hallandale, FL

"The NCLC manuals really are a godsend to so, so many of us out here. Rarely, if ever, have I had a consumer law question that was not addressed in the manuals." — Kirsten Keefe, Senior Staff Attorney, Empire Justice Center, Albany, NY