In a recent case, the Supreme Court of Nevada agreed that a lender needed to wait until the completion of a foreclosure sale before making a deficiency claim against a guarantor. In Ken L. Templeton Family Trust, et al. v. Eighth Judicial District Court...
In a recent decision, the Chancery Division denied a lender's motion to strike a borrower's contesting answer in a foreclosure lawsuit, holding that the borrower had adequately pled a claim that the lender acted in bad faith. While this decision...
By Richard D. Vetstein, ESQ
Rejects "In For One, In for All" Theory in Title Insurance Coverage
One little mistake in drafting and recording legal documents during a refinance can result in a huge problem for a lender - such as the lender...