More about Zachary Pearlstein
Zachary Pearlstein, JD, is a Regulatory Compliance Director with CLA's Mortgage Advisory Division. He joined CLA on January 1, 2014, as part of its acquisition of Bankers Advisory, Inc. Zachary oversees Mortgage Advisory's regulatory compliance team, which focuses on federal and state compliance, fair lending, and the Home Mortgage Disclosure Act (HMDA). He is a graduate of Brandeis University and earned his juris doctor at Suffolk University Law School. He is admitted to the Massachusetts Bar.
Blog Posts by Zachary Pearlstein:
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Oklahoma Consumer Loans and Supervised Lenders
Oklahoma Modifies Provisions Regarding Consumer Loans The state of Oklahoma has recently passed House Bill 1151, regarding convenience fees on consumer loan payments. These provisions are effective on November 1, 2018. The new provisions state that, in addition to the typical loan finance charges permitted by statute, a lender may also charge a “convenience fee” […]
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Oklahoma Publishes Notice Regarding Changes in Dollar Amounts
The Oklahoma Department of Consumer Credit has published its annual changes in dollar amounts for 2018. The revised dollar amounts are effective on July 1, 2018, unless otherwise noted in the chart.
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Wisconsin Foreclosure Bidding and Real Estate Transfers and Payoffs
Wisconsin amends provisions regarding real estate transfers and mortgage payoffs and enacts provisions regarding eligible bidders at foreclosure sales
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Florida Passes Bill Regarding Marital Assets and Liabilities
House Bill 639 establishes a more definitive statutory formula to calculate the marital portion of passive appreciation of a nonmarital asset that is subject to equitable distribution. The bill uses methodology similar to the case law, but uses the amount of mortgage principal paid down during the marriage instead of the amount of the mortgage at the time of marriage.
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Florida Enacts Provisions Regarding Mortgage Brokering Exemptions
The state of Florida recently passed House Bill 193, which exempts certain individuals from the state’s mortgage loan originator and broker regulations, under certain circumstances. This bill will become effective on July 1, 2018.
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Florida Enacts Provisions Regarding Business Purpose Mortgage Loans
The state of Florida has recently enacted House Bill 935, regarding business purpose mortgage loans. The updated provisions are effective as of July 1, 2018.
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Florida Modifies Provisions Regarding Foreclosure Proceedings
The legislature of the state of Florida has recently enacted provisions regarding foreclosure proceedings where a defendant has filed for bankruptcy. This bill will be effective as of October 1, 2018.
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New Jersey Adopts Provisions Regarding Appraisal Fees
The state of New Jersey has recently lessened the state’s restrictions on appraisal fees, effective immediately.
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Wisconsin Amends Provisions Regarding Recording Information
The state of Wisconsin recently amended various provisions relating to the identification and location of information assigned to documents filed or recorded in the county register of deeds office, effective immediately.
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Wisconsin Modifies Provisions Regarding Sale of Foreclosed Property
The state of Wisconsin recently modified its provisions regarding procedures on the sale of a foreclosed property by a sheriff or referee. These provisions are effective immediately.