INDUSTRY NEWS
Here you will find the most current and relevant industry news for Private Lending Professionals and Service Providers.
California Senate Bill 1079: Residential Property: Foreclosure – Signed Into Law
Summary provided by Robert Finlay – Wright, Finlay, and Zak LLP
Industry groups posed strong opposition to defeat California Senate Bill 1079. Governor Newsome made it official Monday, September 28, by signing it into law. While the goal of SB 1079 is to steer foreclosed…
Private Lending Transactions Trending In The Right Direction
Authored by J. Andrew Damico, CEO ProDeal
Over the past few months, ProDeal has been in a unique position to witness and track the real estate market’s reaction to COVID-19. Here is what we’ve seen…
California Legislature Enacts Assembly Bill 3088 – Tenant, Homeowner, and Small Landlord Relief and Stabilization Act of 2020
Summary provided by Robert Finlay – Wright, Finlay, and Zak LLP
On August 31, 2020, the California Legislature enacted, and Governor Newsom signed Assembly Bill 3088, a compromise between…
A Time To Give
As the NPLA works to support one another professionally, we also understand the need to look beyond ourselves. That is why we are proud to announce our fundraising initiative in partnership with Mercy Housing.
COVID-19 Challenges to the Commercial Mortgage Market
In the first few months of 2020, the commercial lending market has been severely impacted by COVID-19.According to the Department of Labor, nearly 10 million Americans have filed for unemployment in...
Coronavirus: The Impact on Financial Markets and Private Lending
The year 2020 has been shocking to the world's citizens and financial markets. As the Coronavirus-driven economic crisis continues, we find ourselves looking for guidance. We at the NPLA, believe...
New York Senate Bill 7231
The National Private Lenders Association (NPLA) has tracked a new bill in the NY Senate introduced by State Senator Julia Salazar and Assembly Member Harvey Epstein.Our Legal Counsel to the NPLA,...
New York Anti Fix & Flip Legislation
”The New York state small home anti-speculation act” aims to impose a 15-20% additional conveyance tax on 1-5 separate residential units located in certain parts of New York City, if transferred...
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