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. Parlapiano

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.

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.

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Thomson Reuters Webinar, New York, NY

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Bloomberg webinar

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February 11, 2019

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December 28, 2016

Jed Davis was quoted in a breaking news article, "New York eases proposed cyber regulations after industry complaints," published by Reuters.

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.