Attorneys Brian Rich and Anthony Loney were published in the March 8th edition of the Hartford Business Journal with their piece, “COVID-19 foreclosure moratorium creates challenges for lenders.”
In addition to the obstacles that lenders are currently facing, Brian and Anthony also discuss some ways lenders may resolve borrower defaults while complying with federal restrictions. They suggest, “Now more than ever, lenders will need to be both flexible and creative in crafting strategies that maximize their interest, and that are sensitive to the broader societal implications of steering the country out of the crushing financial effects of the pandemic.”
The article can be read in the Journal’s online edition.
Brian Rich regularly represents some of the world’s largest banks and financial institutions, as well as local and regional clients. A veteran of the trial and appellate courts, he handles a variety of business and commercial disputes, including contract claims, real estate litigation, contested commercial and residential foreclosure actions, mortgage resolution, fraud and lender liability claims, as well as claims for unfair business practices.
Anthony Loney represents institutional lenders in the mortgage default industry and collaborates with businesses to expediently address any legal distractions in their paths. He handles a variety of business and commercial disputes, including contested commercial and residential foreclosures.