LIEB BLOG

Starting January 2, 2022, borrowers negotiating a loan modification have a right to a single point of contact at their lender. On November...

On June 28, 2021, the Consumer Financial Protection Bureau (CFPB) issued a final rule amending Regulation X of the Real Estate Settlement Pr...

The Town of Southampton has issued a new compliance protocol ( Town Code at Chapter 262 ) for Foreclosure Plaintiffs in response to an incre...

A law that passed the House in May and is before the Senate ( The Comprehensive Debt Collection Improvement Act or “CDCIA” )  could force le...

Here is the scenario - You are trying to sell a property and you order a payoff from your mortgage company, but that payoff quote comes in m...

The Appellate Division recently reminded us of the importance of investigating a no consideration deed prior to issuing a mortgage to the ti...

On March 24, 2020, the details of NYS’ COVID-19 mortgage help came to light. Specifically, the New York State Department of Financial Ser...

On March 21, 2020, the Governor issued  NYS Executive Order 202.9 , which provides, in pertinent part, as follows: Subdivision two of Sect...

On March 19, 2020, Governor Cuomo announced a 90-day Mortgage Relief Plan ("Plan") for New York State mortgage borrowers. New Yor...

Citibank recently paid $17,998,510.00 pursuant to a consent order for failing to place floord "insurance in a timely manner on residen...

On December 6, 2019, A5626 was signed into law to regulate reverse mortgages. The new law takes effect on March 5, 2020.  A reverse mortg...

On Monday, Governor Cuomo  called on the Department of Financial Services to investigate reports that state-regulated advertisers are using...

Loan Officers (LOs) frequently have issues collecting and entering applicant information on their electronic systems, which results in a den...

On August 25, 2016 , the Federal Housing Finance Agency (FHFA) announced a new refinance program by Fannie Mae and Freddie Mac that will be...

The Making Home Affordable Program (MHA) , has been formally extended 1 year, through December 31, 2016, by Supplemental Directive 15-04 ....

The Federal Government’s Consumer Financial Protection Bureau (CFPB) recently released a Home Loan Toolkit , a step-by-step guide through t...

Do you feel that you are a victim of a mortgage modification scam? According to the Attorney General: " Thousands of New Yorkers are ...

Bank of America is under scrutiny by the United States Department of Justice for its unscrupulous financial practices. In order to preven...