Financial Services Law

Third Circuit Affirms Foreclosure Judgment Finding Lender Had No Duty To Borrower To Monitor Property Inspections On Residential Construction Loan

In a case successfully litigated by Riker Danzig partner Jonathan Vuotto, the Third Circuit Court of Appeals...

Third Circuit Holds Mortgage Servicer May Not Recalculate Mortgage Insurance Termination Date Based on Updated Home Value After Loan Modification

In a homeowner class action, the United States Court of Appeals for the Third Circuit recently held...

Supreme Court of Arizona Holds That Credit Bid at Trustee’s Sale Is Not a Payment Under a Title Insurance Policy

In recent years, the question of whether a full-credit bid at a foreclosure sale constitutes a payment...

California Court of Appeals Affirms Dismissal of Borrower’s Complaint For Lack of Standing To Challenge Alleged Irregularities in the Securitization of Her Loan

The Court of Appeal of California, Third Appellate District, recently affirmed the lower court’s ruling that plaintiff...

New York Supreme Court Holds Defendants’ Usury Defense Was Meritless

The Supreme Court of New York, Nassau County, recently held that a plaintiff was entitled to default...

New Jersey Appellate Division Holds That Four-Year Statute of Limitations Applies to Actions to Collect Debts from Retail Store Credit Cards

The New Jersey Appellate Division recently held that the six-year breach of contract statute of limitations does...

Second Circuit Holds That National Banks Are Not Citizens of States in Which They Have Their Principal Places of Business for Diversity Purposes

The United States Court of Appeals for the Second Circuit recently held that, for purposes of diversity...

“The CFPB and RESPA: Recent Developments” Seminar in Morristown, NJ

Since the landscape continues to change for professionals involved in financial services, particularly in the financial regulatory...