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COVID-19

Update: The Federal Moratorium On Residential Evictions Faces A New Class Action

October 7, 2020 By Jason Levine

A&B ABstract: The National Apartment Association, along with several landlords, has challenged the order of the Centers for Disease Control and Prevention (“CDC”) that imposed a nationwide moratorium on certain residential evictions. This lawsuit follows one we previously covered, and could have a major impact on the scope of federal power during the pandemic. Refresher […]

Filed Under: CARES Act, COVID-19 Tagged With: #evictionmoratorium, #TigerLily

Pennsylvania Court Invalidates Statewide Pandemic Restrictions

September 23, 2020 By Jason Levine, Christy Eikhoff and Stuart Plunkett

A&B ABstract:  In County of Butler v. Wolf, a federal court in Pennsylvania struck down as unconstitutional key aspects of the Pennsylvania Governor’s COVID-19 Emergency Order: limitations on the size of indoor gatherings and the “closure of all businesses that are not life sustaining.”  The decision has been appealed, but the breadth of the court’s order […]

Filed Under: COVID-19, State Law, Supreme Court Decisions

The Federal Moratorium On Residential Evictions Faces Constitutional Challenge

September 23, 2020 By Jason Levine

A&B ABstract: Landlords in Tennessee have challenged the order of the Centers for Disease Control and Prevention (“CDC”) that imposed a nationwide moratorium on certain residential evictions. If sustained, the challenge could have a major impact on the scope of federal power during the pandemic. Background of the Eviction Moratorium The CARES Act imposed a […]

Filed Under: CARES Act, COVID-19 Tagged With: #eviction #moratorium

A&B Attorneys Address “The Impact of COVID-19 on Mortgage Servicing Rights and Servicing Advances”

August 14, 2020 By Consumer Finance Team

On August 11, a multidisciplinary group of Alston & Bird lawyers hosted the webinar “The Impact of COVID-19 on Mortgage Servicing Rights and Servicing Advances.”  Participants were Karen Gelernt and Katrina Llanes, Finance practice partners; Matthew Mamak, Corporate Transactions and Securities practice partner; and Nanci Weissgold, Financial Services & Products practice partner. The webinar addressed […]

Filed Under: CARES Act, COVID-19, Mortgage Loans, Mortgage Servicing Tagged With: #GSEs, #servicingadvance

House Financial Services Committee Subcommittee on Oversight and Investigations Holds Hearing on Mortgage Servicers and CARES Act Implementation

August 4, 2020 By Nanci Weissgold, Brian Johnson and Anoush Garakani

A&B Abstract:  On July 16, 2020, the U.S. House Committee on Financial Services’ (the “Committee”) Subcommittee on Oversight and Investigations (the “Subcommittee”) held a hearing to discuss mortgage servicers and their implementation of the Coronavirus Aid, Relief, and Economic Stability Act (“CARES Act”). On May 4, 2020, Chairwoman of the Committee, Maxine Waters, sent a […]

Filed Under: CARES Act, COVID-19, Forbearance, Mortgage Servicing Tagged With: #COVID=19, CARES Act, Covid-19, Forbearance, Foreclosure, Mortgage Servicing, Servicing

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