Borrower's Failure to Comply with TPPA Justifies Lender's Refusal to Modify Loan

Publisher: New Jersey Law Journal

March 24, 2015

Day Pitney Author(s) Joy Harmon Sperling Christina A. Livorsi

Joy Harmon Sperling, Christina Parlapiano and Nancy Todaro wrote the bylined article, "Borrower's Failure to Comply with TPPA Justifies Lender's Refusal to Modify Loan," for the New Jersey Law Journal. The article explores the significance of the New Jersey Appellate Division's two opinions holding that language contained in a trial period plan agreement issued pursuant to the federal Home Affordable Modification Program (HAMP) did not require the lender to provide a loan modification. The article suggests that borrowers must comply with their payment obligations for a lender to be required to offer a permanent modification.

June 24, 2020

Day Pitney Alert

COVID-19 Temporary Relief: New York-Regulated Banks Required to Grant 90-Day Forbearances for Some Borrowers

March 25, 2020

Day Pitney Alert

Negotiating with Fintechs – Beyond Due Diligence

On February 20, Michael Rave and Michael Dunne spoke at FinXTech R.O.D.E., a conference presented by Autobooks, Bank Director and Microsoft and held at the Advanced Technology Development Center in Atlanta, GA.

February 20, 2020

FinXTech R.O.D.E., Advanced Technology Development Center, Atlanta, GA

Public & Private Capital Raising: How To Fund Your Bank for Growth and/or Change

On January 27, Michael Rave will be speaking on "Public & Private Capital Raising: How To Fund Your Bank for Growth and/or Change" at Bank Director's annual conference, Acquire or Be Acquired, in Phoenix, AZ.

January 27, 2019

Acquire or Be Acquired, Bank Director's Annual Conference, Phoenix, AZ

The Top Issues You Need to Know and Control When You Deal with FinTechs

On January 18, Michael Rave and Michael Dunne participated in the 2019 Economic Leadership Forum, presented by the New Jersey Bankers Association.

January 18, 2019

2019 Economic Leadership Forum, New Jersey Bankers Association, Somerset, NJ

Day Pitney, ICSGroup and CohnReznick Sponsor Private Investment Fund Seminar

December 7, 2017

On December 7, Day Pitney, ICSGroup and CohnReznick co-sponsored "Launching a Private Fund: What You Need to Know."

Day Pitney Advises Independent Bank Corp. in $24.5 Million Acquisition of Island Bancorp, Inc.

October 21, 2016

Day Pitney Press Release

FINRA's Capital Acquisition Broker Rules Face Tough Sell

September 12, 2016

Eliza Fromberg was quoted in an article, "FINRA's Capital Acquisition Broker Rules Face Tough Sell," in Law360.

Introduction of Regulation Crowdfunding

July 20, 2016

Eliza Fromberg was quoted in an article, "Introduction of Regulation Crowdfunding" in Financier Worldwide Magazine.

Day Pitney Advises SBT Bancorp in Offering to Expand

November 10, 2015

Hartford, Conn, November 10, 2015 – Day Pitney is advising SBT Bancorp, Inc. (OTCQX: SBTB), the holding company for The Simsbury Bank & Trust Company, Inc. today in pricing a $8.4 million offering of 400,000 shares of its common stock at a public offering price of $21.00 per share.