Why is the foreclosure machinery of our nation's largest
banks suddenly grinding to a halt?
The "Produce the Note" movement, encouraging consumers to
challenge the lender in foreclosure and make them produce the note. It's not
about proving you are current on your mortgage. It's...
Don't look now public company directors, but the next
financial crisis may be upon us and it looks a lot like the 2008 crisis that
was borne out of the housing bubble. Apparently, the underlying cause of the
collapse of the mortgage-backed securities (MBS) and collateralized debt
As reported on Law.com , the New York state court system has directed
lawyers moving for foreclosures to file an affirmation that they have verified
the accuracy of the papers they are filing in support of the foreclosure. While
lawyers regularly operate under ethical obligations to ensure that the...
The first post in this series discussed successful and (largely) unsuccessful claims brought against mortgage servicers. In Ashley Martins v. BAC Home Loans Servicing, LP , No. 12-20559 (5th Cir. 6/26/13) [ an enhanced version of this opinion is available to lexis.com subscribers ] (also discussed in...