Town justice resigns after allegedly saying he’d like to see defendants ‘swinging outside the door’
ABA Journal Daily News
New York Court Slams Door on Lender’s Revocation of Acceleration…
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 […]
The Revolving Door and the Assault on Community Reinvestment
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
Letter: Down payment shutting door to home ownership
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
Budget cuts threaten to slam the courthouse door on many Alabama residents
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 to step down as SEC chair, opening door to dismantling of Dodd-Frank
Mary Jo White is leaving her job as chair of the Securities and Exchange Commission. ABA Journal Daily News
Calhoun County Treasurera s Office door knocking to avoid foreclosures
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
California Supreme Court Opens Door For Wrongful Foreclosure Lawsuits …
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
California high court opens door to wrongful foreclosure suits
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
Defective door lock helps man who mistook courthouse for hotel avoid prosecution
An Oklahoma Sooners fan who made an after-hours visit to the McLennan County Courthouse in Texas last year, mistakenly believing the facility to be the… ABA Journal Daily News