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Calculated Risk: Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Decreased

6/04/2021 08:16:00 AM Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance. This data is as of June 1st. Forbearance volumes fell by 71,000 (-3.2%) week-over-week, continuing the trend of early-in-the-month declines. Decreases were seen across all investor classes, with GSE forbearances falling by 26K (-3.8%), FHA/VA forbearances falling by 28K (-3.2%) and portfolio/PLS plans declining by 17K (-2.7%) over the past seven ...
Mortgage Bankers Association Both Black Knight Black Knight Forbearance Volumes Fall Continuing Trend Calculated Risk

Fifth Circuit Requires District Courts to Follow More Stringent Standard to Certify FLSA Collective Actions | Jackson Walker

To embed, copy and paste the code into your website or blog: On January 12, 2021, the United States Court of Appeals for the Fifth Circuit issued a groundbreaking decision announcing that district courts should “rigorously enforce” a more stringent standard for the certification of collective actions under the Fair Labor Standards Act. ( Swales v. KLLM Transport Services, L.L.C., No. 19-60847). With this decision, the Fifth Circuit did away with the two-step Lusardi certification process u...
United States Jackson Walker United States Supreme Court Jpmorgan Chase Co Supreme Court United States Court

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