News and Insights

4.03.20

Ohio Issues Executive Order Requesting Relief for Small Business Tenants and Commercial Real Estate Borrowers

On April 1, 2020, Ohio’s Governor issued Executive Order 2020-08D, a copy of which is linked here. Issued pursuant to the Governor’s implied police powers to address the economic impact of COVID-19,…

1.17.13

CFPB Issues New National Mortgage Servicing Rules

Today, the Consumer Financial Protection Bureau (CFPB) issued the expected mortgage servicing final rules. At over 1,000 pages total, the final rules will amend the Truth in Lending Act (Regulation Z)…

2.10.25

One Minute Matters [Video]: Could Imprecise Language in Your Loan Guaranty Reaffirmation Put You at Risk? (with Bob Groholski)

Can a single word in your loan guaranty reaffirmation put you at risk? In Huntington National Bank v. Schneider, the court ruled that these agreements must be precisely worded to effectively waive…

12.09.24

One Minute Matters [Video]: Can a Single Loan Provision Create Unexpected Personal Liability? (with Bob Groholski)

Ever heard of a “Bad Boy” Loan Guaranty? These provisions of a lender’s loan documents, if triggered, render the borrower, and more importantly, the guarantor, personally liable on an otherwise non…