During the run-up of the housing bubble, banks acquired thousands of subprime mortgages and turned them into securities. They created trusts as...
For the reasons stated above, the district court’s grant of summary judgment is AFFIRMED.
In a damage-limitations move, the government approved 'subprime sub-servicer' Ocwen has ditched Faris as CEO to limit the damages in any further...
Homeowner Crear sued his lender and its loan servicer to prevent them from foreclosing on his property. Motion denied in favor of...
Before recording a privilege, (aka, start foreclosure proceedings) Steeg Law’s practice is to transmit lien letters to unit owners. These letters relate...
MARY SCHAPIRO, FORMER CHAIRMAN OF THE SECURITIES AND EXCHANGE COMMISSION, SAYS ENFORCEMENT DIRECTOR ROBERT KHUZAMI KILLED THE GOLDMAN MORTGAGE CASE BEFORE IT...
Mick Mulvaney, the acting White House chief of staff, is facing accusations over his role in a failed real estate deal near...
Senior U.S. District Judge Harry Lee Hudspeth found two of DTND’s lawsuits to be frivolous and filed in bad faith for the...
The appearance of a Treasury secretary sitting on a private plane belonging to someone who is convicted of a felony securities fraud,...
The pendency of three cases in circuit courts challenging the CFPB’s constitutionality has given rise to speculation as to whether the CFPB...
We must reject Smith’s arguments that are based upon her allegation that she did not receive notice of the foreclosure sale. She...
First, it assumes that the acceleration notice was for only the original loan amount. But the deed of trust granted the Bank...
LOAN MODIFICATION: The Criswells therefore failed to accept that offer in strict compliance with its terms as well. Accordingly, neither agreement constituted...
No Retainer Agreements or Engagement Letters? No Fiduciary Relationship Between Bank Lawyers And Alleged Creditor? The Secret Veil that's been Pierced Confirms...
The opinion is a good news for lenders and bad news for homeowners as there is now some precedent that lenders cannot...
Justice Samuel Alito (for the Fifth Circuit) seemed the most receptive to that argument (a foreclosure is NOT a debt collection), telling...
Ocwen is propped up financially by New Residential Investment Corp. (NRI) which had swept in Phoenix-like in the wake of the April,...
It appears that the Fifth Circuit Court of Appeals has a New Years Resolution in relation to review of foreclosure cases by...