Florida court puts default judgment in reverse on case gridlocked after lawyer was stuck in traffic
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Loan Servicer Not “Foreclosed” From Reporting Default to CRAs
The plaintiff, Bauer, defaulted on his mortgage. Then-mortgagee, JP Morgan Chase , filed a judicial foreclosure against Bauer which was voluntarily dismissed in 2013. Foreclosure News
New York is Split on Whether Notice of Default Letters Trigger the Statute of Limitations
In Milone v. US Bank, N.A. , a New York intermediate appellate court held that a letter to a borrower stating that the failure to cure a mortgage loan default “will result in acceleration” does not start the clock on the statute of limitations to foreclose and recover the entire debt. Foreclosure News
NY Appellate Court Holds Default Letter Stating Debt “Will Be…
Mortgagees and their servicers should take note that a New York appellate court has confirmed that a default letter, stating the mortgage debt “will be accelerated” if the default is not cured, does not clearly and unequivocally accelerate the debt. In addition, the appellate court held that de-acceleration notices must be clear and ambiguous, and […]
Woman forced into labor by cult is awarded $8M in default judgment
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Lawsuit: Ex-police chief, wife default on $1M mortgage
In this Oct. 20, 2017 file photo, former Honolulu Police Chief Louis Kealoha, right, and his wife, Katherine leave federal court in Honolulu. A foreclosure lawsuit alleges that the former Honolulu police chief and his deputy prosecutor wife aren't paying their home mortgage. Foreclosure News
Televangelist Ernest Angley, Grace Cathedral, church TV station sued for $3.6 million loan default
Pentecostal evangelist Ernest Angley's Grace Cathedral church is being sued for more than $ 3 million on a defaulted loan taken by the church's broadcasting network, according to court records. The 39-page lawsuit filed Nov. 29 in Summit County Clerk of Courts by Beck Energy Corporation Inc. names Winston Broadcasting Network Inc. and Grace Cathedral […]
Default notice filed on – Covert Canyon’ gun training property in Alpine
Covet Canyon, a paramilitary training camp in the East County, is in financial trouble after the owner defaulted on property payments. Owner Marc Halcon has 90 days to make good on the debt or the 160 acre property could fall into foreclosure and auction. Foreclosure News
1401 Elm Building in Default for $55 Million Loan
The debt lender for the 1401 Elm St. building in downtown Dallas has filed public records stating that the building's developer is in default on a $ 55 million loan for the property. These records do not indicate foreclosure, however, they do indicate an administrative step towards that end. Foreclosure News
Which law schools had highest loan default rates for fiscal year 2014?
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