Other Expert Advice

A detailed discussion of payment-option ARMs and an example of how to build an amortization schedule for such loans.

This 21-minute video is sponsored and produced by the National Center on Law and Elder Rights (NCLER) and presented by NCLC attorneys John Rao and Andrea Bopp Stark, explaining the Supreme Court case in Tyler v. Hennepin and its impact on older adults and property tax foreclosures. They also discuss how advocates can assist older adults, including exercising redemption options and connecting older adults with legal assistance to help them preserve their home equity.

This is a 2021 National Housing Resource Center (NHRC) webinar titled "Protecting Inter-Generational Wealth: Keeping the Family Homestead" concerning issues faced by a home's successors in interest (those who receive an interest in a home after a homeowner's death or divorce)  but who are not on the mortgage.  This raises issues dealing with mortgage servicers, obtaining loan modifications, and making mortgage payments. The webinar was presented by Sarah Mancini at NCLC and by Lisa Sitkin of the National Housing Law Project.

This white paper provides a comprehensive overview of the role played by the LIBOR benchmark index in consumer credit and what will happen when the LIBOR's administrator stops publishing it in June 2023. The paper includes a summary of relevant federal laws and regulations as well as a list of key resources. For questions, contact Andrew Pizor, NCLC staff attorney, at [email protected].

 A new Guidance from the Department of Justice, issued in coordination with the Department of Education has the potential to change bankruptcy practice dramatically. Until now, attorneys have not thought of bankruptcy as a way to help clients struggling with student loan debt. If the Guidance is implemented as intended, however, more bankruptcy debtors will be eligible for discharge of their student loans.

This beginner level course for attorneys and paralegals will focus on foreclosure defense matters and affirmative litigation against mortgage servicers. Training will cover contractual issues related to the mortgage/deed of trust and promissory note; types of promissory notes; identifying the parties and related entities; and issues involving assignees, servicers, securitization. We will also discuss loss mitigation options for home retention and provide an overview of important RESPA and TILA regulations.