News, Events & Alerts

A California appellate court has held in a case involving a residential mortgage that a lender may be liable for intentional infliction of emotional distress when it has represented that it will modify a loan, but thereafter...

In the face of California’s on-going budget problems, California courts are being forced to implement budget strategies which will have a serious impact on civil litigation. Judge Jeffrey Barton, Supervising Judge of...

BANK DEFAULTS DOWN. The default rate across commercial and multifamily loans held by banks fell to 3.45 percent in the first quarter, the lowest since 2009, reported Chandan Economics, New York. LAS VEGAS COMING SLOWLY COMING...

News reports this past week reported that for the first time ever delinquencies on CMBS loans originated prior to the 2008 market crash now sit at 10.4%, but new loan originations are growing. Notable factoids relating to...

The only profits Fannie Mae and Freddie Mac generated since entering conservatorship in 2008 came from financing multifamily mortgages, according to the inspector general of the Federal Housing Finance Agency, in a recently...