Category: Banks and Mortgages
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4th DCA Applies 1 Year Statute of Limitations for Deficiency Judgment
The rule in any litigation is that timing is everything. Miscalculating deadlines, and especially mis-construing application … more
Uniform Commercial Real Estate Receivership Act
On July 1, 2020, Florida became the tenth state to adopt the Uniform Commercial Real Estate Receivership Act (“UCRERA”) … more
Florida Supreme Court Rules Purchaser May Recover for Betterments to Property if Foreclosure Sale Vacated
In David L. Griffin v LaSalle Bank, N.A., 45 Fla. L. Weekly S57 (Fla. Feb. 6, 2020), Florida’s Supreme Court quashed a … more
Proposed Mortgage Foreclosure Legislation May Negatively Impact Competitive Bidding at Community Association Foreclosure Sales
In today’s lien foreclosure market, most community associations benefit from competitive bidding at their lien foreclosure … more
New FHA Guidelines Aim to Increase Access To Condo Mortgages
Condominium sales will play a more significant role in the mortgage origination market in the next few years. The Foundation … more