Client Alerts

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“Third Rhode Island Municipality Passes Local Foreclosure Ordinance”
May 2010

Joining the Cities of Providence and Cranston, on April 29, 2010, the City Council of the City of Warwick overrode Mayor Scott Avedisian’s veto and passed its own foreclosure ordinance, Chapter 10, Section 10-36, et seq.

“Portions of Providence Municipal Foreclosure Ordinance Overturned”
May 2010

On May 17, 2010, Judge Lanphear of the Providence Superior Court found portions of Providence’s local foreclosure ordinance to have been preempted by state law.

“Rhode Island Flooding and FHA Foreclosure Moratorium”
April 2010

The U.S. Department of Housing and Urban Development has instituted a 90-day moratorium on foreclosures of FHA-insured mortgages in four Rhode Island counties following the recent severe flooding.

“City of Providence Amends Its Foreclosure Ordinance”
February 2010

The controversial foreclosure ordinance enacted by the City of Providence, Rhode Island in 2009 has been amended effective January 26, 2010. The amendments are as follows

“RI Department of Business Regulation issues 45-Day Notice Regulation”
February 2010

The Rhode Island Department of Business Regulation ("DBR") has now promulgated Emergency Banking Regulation 5 entitled "Mortgage Foreclosure Disclosure".

“RI Legislature Adds New Pre-foreclosure Notice Requirements”
January 2010

On January 5, 2010, the Rhode Island General Assembly overrode Governor Carcieri's veto of legislation requiring a new 45-day pre-foreclosure notice to consumer borrowers.

“Cranston, Rhode Island Foreclosure and Eviction/Tenant Ordinances Effective December 23, 2009”
December 2009

New ordinances affecting foreclosures and evictions in Cranston, Rhode Island become effective December 23, 2009.

“COBRA Premium Subsidy Provisions”
April 2010

Kimberly I. McCarthy

December 2009 - April 2010

“Important Changes to the Massachusetts Bankruptcy Court’s Local Rules”
November 2009

The United States Bankruptcy Court for the District of Massachusetts has amended its Local Rules, effective December 1, 2009.

“Massachusetts Foreclosing Lenders Must Possess Valid Assignments of Mortgages”
October 2009

On October 14, 2009, Judge Keith C. Long of the Massachusetts Land Court held that foreclosing lenders in Massachusetts must possess valid assignments of mortgages in recordable form prior to publishing or mailing notices of foreclosure sale.


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