Federal judge reminds lawyers that ‘this proceeding is not the playground’
ABA Journal Daily News
ABA Journal Daily News
A mortgage company can't bring a second foreclosure action against a borrower after losing a similar foreclosure in the court system, Maine's supreme court ruled. The court on Thursday unanimously upheld a ruling against mortgage giant Fannie Mae, which tried to launch a second foreclosure on a property in Lincoln after a judge threw out […]
The Minot City Council has moved to hire an attorney to represent the city in a foreclosure proceeding related to its property leased to an intermodal facility. The council met for nearly 25 minutes in closed session Tuesday to discuss the legal case brought in North Central District Court by First Western Bank & Trust […]
The North Carolina Supreme Court recently clarified that the North Carolina Rules of Civil Procedure and doctrines of res judicata and collateral estoppel do not apply to a non-judicial foreclosure special proceeding. This is welcome news for lenders because it removes the specter of discovery obligations during foreclosure proceedings and gives lenders multiple chances to […]
On Monday, February 22, 2015, in a case closely watched by commercial real estate lenders, borrowers and guarantors, the Supreme Court of Georgia issued its opinion in PNC Bank, N.A. v. Smith, et al. , S15Q1445. Foreclosure News