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Yakov Wiegmann and Matthew Lee Publish Law360 Piece on Coming Mortgage Crisis

In "2 Calif. Rulings Offer Lessons As Foreclosure Crisis Looms," Yakov Wiegmann and Matthew Lee discuss consumer protection regulations relevant to lenders and mortgage servicers seeking to limit legal exposure in foreclosures caused by the pandemic.

Consumer protection regulations such as California’s Homeowner Bill of Rights seek to enhance homeowners' access to loan modification and other foreclosure prevention options. Lenders and servicers should take note, as material violations of certain HBOR provisions can expose them to civil liability — even if the statutes themselves do not provide for a private right of action.
 

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