LexisNexis® Legal Newsroom
Real Cases in Real Estate by Andrea Lee Negroni, Esq. – January 24th Update

Real Cases in Real Estate is a weekly update on real estate law, with legal principles illustrated and explained by lawsuits from around the country. The topics are wide-ranging for appeal to a broad spectrum of readers including lawyers, homeowners, investors and the general public. Andrea Lee...

Real Cases in Real Estate by Andrea Lee Negroni, Esq. – January 31st Update

Real Cases in Real Estate is a weekly update on real estate law, with legal principles illustrated and explained by lawsuits from around the country. The topics are wide-ranging for appeal to a broad spectrum of readers including lawyers, homeowners, investors and the general public. Andrea Lee...

Mortgage loan application with house key and approved rubber stamp

Mortgage funding 2

mortgage funding loan lender borrow

Mortgage funding 1

mortgage funding loan lender borrow

mortgage loan modification

mortgage fraud

loan fraud

Struggling Homeowners Scammed By $1,995 Guaranteed Home Loan Modification Scheme

In an elaborate loan-modification scheme, more than 90 homeowners struggling to make their mortgage payments have been defrauded out of at least $250,000. Robert Walker, who has been indicted on 21 counts of mail fraud and two counts of wire fraud, is accused of making multiple false representations...

Borrower Can Sue Lender To Compel Loan Modification (But Only If It Does What It Promised To Do First)

A recent published decision from the Appellate Division -- Arias v. Elite Mortgage-- resolved a question of first impression in New Jersey that is important as the State continues to dig its way out of the credit crisis. The issue in Arias, [ enhanced version available to lexis.com subscribers ], involved...

reverse mortgage ball

FHA Announces “Costly” Alternative to Reverse Mortgage Foreclosure; HUD Soliciting Comment

By Jennifer Bowen and John C. Lynch Since its creation in 2009, the Home Equity Conversion Mortgage (“HECM”) reverse mortgage program created by the Federal Housing Authority has helped numerous senior citizens stay in their homes by allowing them to convert the equity in their home...