Best Practice in Bankruptcy Notices of Default

By Monette W. Cope, Esq. The mortgage industry is under tremendous scrutiny from the Attorney General and the States’ Attorney Generals, as well as the new Consumer Financial Protection Bureau which just announced it will be drafting rules to regulate all servicers.  In response, most in the industry are stepping up and being more transparent…

Savvy Use of Pronouns: Is Gender Neutrality Possible?

By Anne M. Smith, Esq. We all use pronouns, and we know they substitute for nouns.  Although the English language provides pronoun options for masculine nouns (he, him), for feminine nouns (she, her), and for non-human nouns (it), there is no choice for gender-neutral singular nouns (the nurse, an athlete).  While most of us learned…

I feel bad for NCUA workers.

Starting my morning off with CU Times like I often do, I see that there appears to be some government wide fallout from the Vegas junket that the GSA held 2 years ago.  Like most people, all I can do is compare it to my own situation.  I travel a lot for my job.  Anyone…

The Ongoing Debate: The 1099-C and Collections

By Matthew D. Urban, Esq. The issue of whether or not a credit union, or any creditor for that matter, should issue a 1099-C after an account has been charged off is always a topic of great discussion, particularly when the creditor is interested in continuing collection efforts. As many know, pursuant to IRS regulations…

Supporting a Lender’s Position at Trial

by Joshua D. Miron, Esq. A recent Florida Third District Court of Appeal case has once again brought to light what most of us who went to law school take for granted, a “person seeking to enforce an instrument conveying an interest in real property must demonstrate he has directly or indirectly acquired ownership of…