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Real Cases in Real Estate By Andrea Lee Negroni, Esq. – January 9th, 2012 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...

Ballard Spahr LLP: Lender’s Use of Photocopied Note OK’d by Utah Court

By Angela W. Adams , Steven D. Burt , and Anthony C. Kaye In a victory for lenders, a Utah appellate court has ruled that a photocopy of a note is ordinarily acceptable in court, and that a borrower who demands the original note must establish a basis for questioning the authenticity of the...

Ballard Spahr LLP: Mortgage Lenders, Brokers Now Subject to Anti-Money Laundering Regulations

By the Consumer Financial Services Group In a move that will directly affect non-bank mortgage lenders, federal regulators have significantly expanded the list of those subject to anti-money laundering regulations to include mortgage lenders and brokers. The Department of the Treasury, through...

Bergman on Foreclosure: Deficiencies Have Critical 90-Day Window

When a foreclosure sale cannot fully recoup the debt, mortgage lenders and servicers have a ninety-day window of opportunity to make post-sale deficiency motions. In Cicero v. Aspen Hills II, LLC , 85 A.D.3d 1411, 926 N.Y.S.2d 680 (3d Dept. 2011) [ enhanced version available to lexis.com subscribers...

Vetstein Law Group: Massachusetts SJC Issues Another Important Foreclosure Ruling In HSBC Bank v. Matt

By Richard D. Vetstein, ESQ Legal Standing For Mortgage Lender/Servicer Must Be Established To Start Foreclosure Today [January 14th] the Massachusetts Supreme Judicial Court has issued what I believe to be another very important ruling involving foreclosures in the case of HSBC Bank v. Matt (embedded...