An analysis by Joy Sperling and Michael Weiss of a recent decision by the U.S. Bankruptcy Court for the Eastern District of New York, "Federal Court Rules Widely-Used Mortgage System Ineffective to Permit Foreclosures," was published in Bloomberg's Bankruptcy Law Report on March 28. The decision in In re Agard, in which the court ruled that Mortgage Electronic Registration Systems, Inc. (MERS) cannot serve as an agent to assign mortgages, could have a substantial impact on the mortgage industry. MERS was established to provide more efficient transfers of mortgages that would be sold and/or securitized following their origination to lenders, but the court said MERS does not have the authority to conduct these transfers.
Day Pitney Partner Joy Harmon Sperling will present on a panel entitled "How to Navigate Debt Collection Restrictions, Manage Liquidity Challenges, and Reconcile Opposing Demands from Consumers and Investors as a Servicer," at the 27th American Conference Institute National Forum on Residential Mortgage Regulatory Enforcement and Litigation.
Day Pitney Alert
Day Pitney Advisory
Mark Romance authored an article, "Five Tips for Representing a Non-Party Served with a Document Subpoena: Welcome to the Party?," published by the American Bar Association Section of Litigation.
On October 30, Andrew Ingalls spoke on a panel, "Emerging Federal Statute Developments and Strategies for Defending Against Innovative Borrower Claims," at the 26th National Forum on Residential Mortgage Regulatory Enforcement & Litigation, presented by the American Conference Institute (ACI) and held in Dallas, TX.
Day Pitney Press Release
Firm Ranked Tier 1 Nationally for Energy Law and Trusts and Estates Law
Joy Harmon Sperling was featured in an article, "Rainmaker Q&A: Day Pitney's Joy Harmon Sperling," in Law360.
Stamford, Conn., August 24, 2015 - Day Pitney is pleased to announce that 68 attorneys have been selected for inclusion in the 2016 Best Lawyers in America. Best Lawyers ranks lawyers through peer-review surveys, and has been published annually since 1983.