For nearly three years, one of the rapidly developing areas of California foreclosure law has focused on whether a borrower has “standing” to challenge a wrongful foreclosure based on defective assignments of the note or deed of trust before the foreclosure sale. A recent opinion from California's Second Appellate District – Hacker v.
Charlotte, North Carolina based Wachovia was sold to Wells Fargo 10 years ago at the peak of the 2008 economic recession. With the major banking business now facing its own financial struggles, people wonder if Wachovia could have survived. Foreclosure News
In Lubonty v. U.S. Bank National Association , a mortgagor sought to void a mortgage loan claiming that the six-year statute of limitations to foreclose had expired. Foreclosure News
Can the government take your home and all your equity in it if you fall behind on your property taxes or – like many people in Flint, Mich. – refuse to pay your water bill? The state of Michigan and a handful of other states think so. Foreclosure News
Derek Kats had a promising start right out of the University of Nebraska. After receiving his bachelor's degree in Business Administration, he had been recruited by two different Fortune 500 companies, the world was open to him and he was fast-tracked to climb the corporate ladderhowever, something was missing. Foreclosure News
Not to mention, a home is likely to be the most expensive thing that you ever purchase, so you'll probably need to take out a mortgage to afford one. There are a variety of mortgages available that require different levels of down payment. Foreclosure News
The CFPB recently announced that it has entered into a consent order with Fay Servicing, LLC to settle alleged mortgage servicing violations. A copy of the consent order can be found here . Foreclosure News
