Latest News

Credit Union Compliance Professionals

February 11, 2015: Josh and Spencer Scheer present seminar to the Credit Union Compliance Professionals entitled California Foreclosure and Bankruptcy Update. Legislative and Legal. Seminar at held at Wescom Credit Union, Anaheim Hills, CA.

Updating…

Client Alert: From the Scheer Law Group: California Supreme Court Confirms that There are No Rights to a Deficiency After a Short Sale. A Borrower can’t Waive the Protection.

January 21, 2016
To All SLG Clients and Affiliates.

Subject:  California Supreme Court Confirms that There are no Rights to a Deficiency After a Short Sale.  A Borrower can’t Waive the Protections.
The California Supreme Court has finalized the issue of whether you can obtain a deficiency (either by a judgment or by … Continue reading

Dec. 2015 UTA Article by Spencer Scheer on dangers of having to pay a borrower’s fees in bankruptcy litigation.

Link to Article

Client Alert: From the Scheer Law Group: New Court of Appeals Case Makes Bankruptcy Litigation Much More Risky for Lenders

October 21, 2015
To All SLG Clients and Affiliates.
Client Alert:   Secured Creditors Beware in Bankruptcy Proceedings! Your Loan Provisions can and will be used to pay Debtor’s Counsel’s Attorneys fees.  (See article).
From: Spencer Scheer

SLG Client Alert: CFPB Expansion of Small Creditor Rule, Expands Opportunities

SLG Client Alert: CFPB Expansion of Small Creditor Rule, Expands Opportunities
10.19.15
Client Alert:
From Scheer Law Group, LLP.
Subject  : CFB Expands Small Creditor Rule

Please review the following update from Mike Imfeld re the expansion small lender status by the CFPB. In essence, it offers an opportunity for smaller lenders i.e. community banks and credit unions to increase … Continue reading

RICHMOND ENACTS RENT CONTROL

RICHMOND ENACTS RENT CONTROL
The city of Richmond, California has enacted a rent control ordinance.  This is the first new rent control ordinance enacted in California in approximately 30 years.
Under the Ordinance, annual rent increases cannot exceed the amount of the annual percent increase in the San Francisco, Oakland, San Jose region consumer price index.  Richmond … Continue reading

SLG Client Alert: Update: New Supreme Court Case: It May Mean More than You Think

August 5, 2015
SLG Client Alert.

From: Spencer Scheer
Subject: Update: Lien Strips and the Impact of the Caulkett Cast in the Ninth Cicuit
Many SLG clients have expressed interest in following the impact of the recent ruling by United States Supreme Court limiting “liens strips” in a Chapter 7 to see if it will be … Continue reading

Critical SLG Client Alert: Reminder: Mandatory Mortgage Mediation Program in N. Dist. of CA, Effective August 1

Update: This is a reminder that the Mandatory Mortgage Mediation Program in the N. District of CA went into effect on Monday.  If you are notified that you are subject to mandatory mediation (notice will be to the lender directly via Notice of an Entry of Order served by the Debtor or Debtor’s counsel by … Continue reading

Critical SLG Client Alert-Mandatory Mortgage Mediation Program in N Dist of CA Effective August 1 Register now

Critical SLG Client Alert:  Mandatory Mortgage Mediation Program in N. Dist. of CA, Effective August 1.  Register now!!!
 
July 14, 2015

SLG Client Alert.

From: Spencer Scheer

Subject: Mandatory Mortgage Mediation Program: N. Dist. of CA.
 
Any lender with loans on property subject to a bankruptcy in the Northern District of California, must be prepared for mandatory … Continue reading

UTA eNews with recent SLG article on the Bank of America N.A. v Caulket case

To go to UTA eNews with recent SLG article on the Bank of America N.A. v Caulket case,  click here: http://unitedtrustees.com/uta-enews-july-2015/