ALFN Member Blog

• BROCK AND SCOTT COVID-19 ALERT: Massachusetts Division Of Banks Issues New Expectations For Lenders

  • Monday, March 30, 2020
  • ALFN

  On March 25, 2020, the Division of Banks issued a message to all financial institutions outlining its expectations of lenders/servicers/credit unions to alleviate the adverse impact of COVID-19 on those mortgage borrowers who demonstrate that they are not able to make timely payments due to financial hardship resulting from the effects of COVID-19. The Division fully expects that institutions will implement all reasonable and necessary change to provide relief to those adversely impacted borrowers during this state of emergency, and continuing thereafter, as necessary. 

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• O'Dess and Associates, SC Wisconsin Update

  • Monday, March 30, 2020
  • ALFN

  Click here to view the full Emergency Order #15. 

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• Millsap & Singer - Court Closure and Moratorium Update (Kansas, Missouri, Kentucky)

  • Thursday, March 26, 2020
  • ALFN

  Update to Kansas State Moratorium On March 24, 2020, Kansas Governor Laura Kelly issued Executive Order No. 20-10 which rescinds the previous Executive Order 20-06 and provides clarity regarding which default actions are permitted and prohibited while the order is in effect. 

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