Ohio v. New Century Financial
Published on:
March 28, 2007
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
Court of Common Pleas, Cuyahoga County, Ohio
Amicus Issue:
Whether an injunction imposed by a State on a finance company may include provisions that restrict or delay the company’s ability to service and foreclose on delinquent mortgage loans or create an administrative oversight function pursuant to which the State or its designee will assist in determining whether, when and how delinquent loans will be serviced and foreclosed.
Counsel of Record:
Squire, Sanders & Dempsey L.L.P.
4900 Key Tower
127 Public Square
Cleveland, OH 44114
Martha S. Sullivan
Heather L. Tonsing