Supreme Court OKs state’s corporate consent-to-jurisdiction law, but door is ajar for future challenges
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
The State of New York's Appellate Division for the Second Department has now addressed the issue of whether a lender's voluntary discontinuance of a judicial foreclosure action, whether by court order or stipulation of the parties, is sufficient evidence of a lender's intent to revoke the acceleration of the entire mortgage debt. Unfortunately for mortgage […]
How conflicts of interest on the part of a senior banking regulator, Joseph Otting, help explain why the Community Reinvestment Act is on the chopping block. Joseph Otting, Comptroller of the Currency, prepares to testify during a House Financial Services Committee hearing in Rayburn Building in Washington. Foreclosure News
The events which led to the foreclosure era are indeed tragic. People lost jobs, companies streamlined their staff and globalization removed many traditional U.S. industries. Foreclosure News
By Linda A. Klein, president of the American Bar Association and a senior managing shareholder at Baker Donelson Bearman Caldwell & Berkowitz, based Atlanta; and Rebekah Keith McKinney , a partner with Watson McKinney LLC in Huntsville. When ordinary Americans need help with life's big problems, the Legal Services Corporation is there. Foreclosure News
Mary Jo White is leaving her job as chair of the Securities and Exchange Commission. ABA Journal Daily News
MARSHALL, Mich.- The Calhoun County Treasurer's Office has started knocking on doors of houses in danger of foreclosing, in hopes of helping residents keep their homes. Calhoun County Treasurer staff plan to visit around 1,500 homes and properties in forfeiture. Foreclosure News
In Yvanova v. New Century Mortgage Corporation et al, the Supreme Court of California reversed the Court of Appeal’s ruling, and held that a borrower plaintiff who has been subject to a nonjudicial foreclosure has standing to bring an action for wrongful foreclosure based on an allegedly void deed of trust assignment . Foreclosure News
Experts said it’s highly unlikely that former homeowners could unravel their foreclosures and win back their houses. Above, advocacy group Alliance of Californians for Community Empowerment holds a news conference in Carson in 2012. Foreclosure News