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: The Home Equity Theft ReporterCalif. Appeals Court: Bank's Failure To Contact Borrower Before Foreclosure Triggers Private Right Of Action That Is Not Preempted By Federal Law
By r morris
Full post as published by The Home Equity Theft Reporter on July 12, 2012 (boomark / email).
NY Court of Appeals Holds Private Nuisance Action Not Preempted By NLRA
Helmsley-Spear v. Fishman, ___N.Y. 3d___(Nov. 24, 2008), is an important decision. It concerns the issue whether a nuisance tort is preempted by the NLRA. The alleged nuisance occurred during a labor dispute with union officials banging on metal pots and...
If a lender gives a mortgage with a payment triple a borrowers income, who do we blame the foreclosure on
"Here?s a question for you. If a lender gives a borrower a mortgage and the monthly payment on the loan is more than triple the borrower?s income, if the house goes into foreclosure, is it the borrower?s fault, or the lenders?"
Do Borrower Rights Improve Borrower Outcomes Evidence from the Foreclosure Process
Do Borrower Rights Improve Borrower Outcomes? Evidence from the Foreclosure Process - Kristopher Gerardi, Lauren Lambie-Hanson, and Paul S. Willen,...
"Judge on federal appeals court in Calif. dies"
"Judge on federal appeals court in Calif. dies": The Associated Press has this report. And at his "Election Law" blog, law professor Rick Hasen has a related post titled "Very Sad News: The Judge for Whom I Clerked, Ninth Circuit Judge David R...
Minnesota legislature passes Subprime Borrower Relief Act
The Subprime Borrower Relief Act gives borrowers with subprime loans the right to defer a foreclosure sale of their residence for one year after the bill becomes law. During the deferment period, the borrower will have to make reduced monthly payments, and a borrower who does not pay will lose the right to deferment...
Apartment foreclosures multiply homeless and problems
When we talk about the foreclosure problem, we usually focus on the effect on the borrower-owner who had a a loan they could not afford. But where the borrower was a landlord, foreclosure causes a raft of problems for tenants, as well...
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Appeals Court Upholds Congressional Legislation
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Bank of America Faces Class Action over Mortgage Foreclosure Practices
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Bank of America Faces Homeowner Class Action
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GMAC Faces Foreclosure Abuses Class Action
Class Action Filed Against Banks in Foreclosure Proceedings
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