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...
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...
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...
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...
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...