The Fourth DCA reaffirms there are several methods to prove standing, including the introduction of a Pooling and Servicing Agreement (PSA) as long as the subject loan is listed on the Mortgage Loan Schedule.
Lenders and borrowers navigating closings and workouts during COVID-19 have options. The attached article, “Commercial Mortgage Loan Modifications Amid COVID-19,” addresses alternatives for defaulted loans.
Nevada gives green light to commercial evictions starting July 1. Declaration of Emergency Directive 025 was signed by Nevada Governor Steve Sisolak on June 25, 2020. The directive enables landlords with commercial tenancies and mortgages…
We are in unchartered territory at this time, and are eager to share any and all constructive publications that may assist our clients. This thoughtfully written article addresses options available to commercial lenders when dealing with…
Florida buyers beware! New case from Florida’s 2nd DCA holds that purchasers cannot rely on ambiguity in legal description in a mortgage to defeat a lien if there is other, sufficient information in the mortgage for a surveyor to locate…