Tennessee District Court Affirms Legality of MERS’ Role in a Securitized Mortgage – MERSCORP Holdings won another victory in court this week when the U.S. District Court for the Middle District of Tennessee Nashville Division dismissed a lawsuit that challenged. on case law that.
U.S. Appeals Court Rejects Mortgage Database Suit – A lawsuit accusing several mortgage lenders of fraud over home loans maintained within the industry’s private electronic database cannot proceed, according to a U.S. appeals court ruling.
U.S. appeals court backs dismissal of doctor’s challenge. – · U.S. appeals court backs dismissal of doctor’s challenge to ‘medical gag rule’ on fracking chemicals. A federal appeals court has upheld the dismissal of a lawsuit.
Foreclosure mess exposes the rot from within Foreclosure mess exposes the rot from within. October 11, 2010. Paul Jackson. Believe it or not, mortgage servicing is a noble industry. Or, at least, it’s supposed to be. Even in managing.
Appeals court upholds dismissal of Oregon basketball players – A U.S. appeals court has rejected an appeal brought by three University of Oregon basketball players who said they were discriminated against when they were kicked out of school over rape allegations.
Radian: New mortgage insurance written jumps 25% in first quarter Subprime Bloodletting Continues at Fitch NEW YORK, Jan 30, 2015 (BUSINESS WIRE) — U.S. auto ABS closed out a strong 2014 with losses down for both prime and subprime loans month. and 2007 (95). fitch’s 2015 outlook for ratings.MBA economist sees home price recovery, but hurdles remain SIGTARP Warns of Second Housing Bubble Madrid, Barcelona, other markets are well on their way. But some markets are still crushed. Spain’s last epic housing bubble, one of the biggest in living memory, propelled median home prices to 2,100 per square meter, at which point the bubble began to burst. The national median price eventually plunged 31%, according to government data, as Spain’s financial system began to collapse."The underlying drivers for a gradual acceleration in economic activity in advanced economies" remain intact, it said. The U.S. faces temporary hurdles. see the job market "firing on all cylinders".
Current-events | Licatesi Law Group, LLP | Garden City, New York – The Court in its decision also upheld the homeowners' rights for the protection and. When defending a residential mortgage foreclosure lawsuit, visit with us in our law firm after the case has been dismissed and to share the. MERS must hold title to the underlying note and without that, it could not.
Massachusetts Court Upholds Foreclosure-Related Action. – · Somewhat surprisingly, the Massachusetts Land Court recently held that a lender could bring suit under the Servicemembers Civil Relief Act without necessarily having an executed assignment of the mortgage prior to commencing suit. US Bank, N.A. v. Hanlon, et al., No. 10-misc-429997 (plymouth land court Aug. 20, 2010) at 3.
merscorp | Ketron Property Management, Inc. – A federal judge of the U.S. District Court for the Eastern District of Washington ruled in favor of Mortgage Electronic Registration Systems, Inc. (MERS) and other defendants, MERSCORP Holdings, Inc. announced. In Ukpoma v. U.S. Bank, the judge dismissed a plaintiff’s nine-count complaint alleging wrongful foreclosure and violations of the state’s Consumer Protection Act (CPA).
MERS survives another legal challenge in Oregon – MERSCORP. The U.S. District Court for the District of Oregon reportedly dismissed a case in which the former homeowner asked the court to invalidate a recent sale of the property. MERS says its.
Litigation costs mount at BofA, Chase over foreclosure, mortgage issues This was just the latest in an endless stream of litigation that. and Merrill Lynch by Bank of America during the run-up to the 2008 breakdown in the mortgage markets has left the bank with a.
U.S. v. Bartram: Appellate court guts five-year limitations. – U.S. v. Bartram: Appellate court guts five-year limitations law (briefs available) by Mike on May 1, 2014 Imagine a bank that can lose a foreclosure suit, file it again, lose it again, file it again, and so on-with virtually no limits whatsoever as to the number of times they can file or the time they have to accomplish it.