Bankruptcy
Eleventh Circuit: Mortgages not covered by bankruptcy dischargeSupreme Court Sides With Balch Lawyers and Finds for Midland Funding, Rejecting FDCPA Lawsuits Based on Bankruptcy Proofs of Claim for Out-of-Statute DebtsEleventh Circuit Declines to Expand Reach of “Least Sophisticated Consumer” Standard In the Context of Sending Periodic Mortgage Statements Following Bankruptcy Discharge
Fair Lending
A personal guarantor who does not have an interest in the property secured by the debt lacks standing to assert wrongful foreclosure.Banks Beware: New Class Actions Alleging Banks Prioritized Large PPP Loans Over Smaller OnesEleventh Circuit allows Miami's predatory lending suit for lost tax revenues to proceed
Mortgage Rules
Bank Entitled to Pursue Claim for Longer Statute of Limitations on LoanAlabama Court of Civil Appeals Doubles Down on “Strict Compliance” with Notice Provisions of Standard Mortgage’s Paragraph 22You’re on Notice: Alabama Court of Civil Appeals Bears Down on Foreclosure “Strict Compliance” in Barnes v. U.S. National Bank, No. 2180699.
UCC
Alabama Supreme Court Holds Check Encoding Warranty Shifts Liability for Encoding ErrorCourt Rejects "Transactional Analysis" as Requirement for Commercially Reasonable Security Procedure in Processing Wire Transfers11th Circuit Affirms that Host State Consumer Protection Statutes Are Preempted as to Out-of-State State Chartered Banks to Same Extent as National Banks.