Real Estate Law

Recent Posts

FHA Announces “Costly” Alternative to Reverse Mortgage Foreclosure; HUD Soliciting Comment
Posted on 31 Mar 2015 by Troutman Sanders

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... Read More

Tags: mortgage , osure , loan , forecl , FHA , reverse

Fifteen Minute Foreclosure Counseling Session at Gillette Stadium Deflated Borrower’s Rights
Posted on 10 Jun 2015 by Vetstein Law Group, P.C.

Court Halts Eviction For Distressed Homeowner, Validity of Foreclosure In Question ( Wells Fargo v. Cook , Mass. Appeals Court May 19, 2015) , [ enhanced version available to lexis.com subscribers ]. In response to the foreclosure crisis, HUD enacted... Read More

Borrower Can Sue Lender To Compel Loan Modification (But Only If It Does What It Promised To Do First)
Posted on 5 Mar 2015 by Peter J. Gallagher

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... Read More

Struggling Homeowners Scammed By $1,995 Guaranteed Home Loan Modification Scheme
Posted on 28 Oct 2014 by LexisNexis Legal Newsroom Staff

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... Read More