Most courts inherently do not like default interest because they see it as an improper “penalty.” Attorney T. Robert Finlay examines what the First District of the California Court of Appeals recently found in a recent case.
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Next-Level Thinking on Employee Home Loan Assistance Programs
As employee home loan assistance programs are developed, employers must consider the implication of lending regulations. Legal experts Brett L. Foster and T. Robert Finlay share their thoughts with DS News.
Read More »Deflating a Balloon Partial Payment Conundrum
When the borrower does not remit the full amount owed on a mature loan, servicers are faced with legal considerations.
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