February 22, 2014

Federal District Court of Nevada Dismisses Homeowners’ Lawsuit Against Banks for not Pleading Enough Facts

By Karume James

In October 2013, the Federal District Court of Nevada in Prince v. Loop Capital Markets, LLC held that Plaintiff homeowners had failed to plead enough facts in their complaint against Defendants Wells Fargo Bank, N.A. and Bank of America, N.A. … Continue reading

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February 22, 2014 in Nevada | Permalink | No Comments

February 7, 2014

Nevada Court Dismisses TILA and Fraud Claims Brought Against Chase and MERS

By Ebube Okoli

The court in deciding Leong v. JPMorgan Chase, 2013 U.S. Dist. LEXIS 144678 (D. Nev. 2013) ultimately granted the defendant’s motion to dismiss. This action arose out of the foreclosure proceedings initiated against the property of the plaintiff Teresa Leong. … Continue reading

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February 7, 2014 in Nevada | Permalink | No Comments

January 31, 2014

Nevada Court Dismisses Show-me-the-Note Action Brought Against Chase and MERS

By Ebube Okoli

The court in Leong v. JPMorgan Chase, 2013 U.S. Dist. LEXIS 144678 (D. Nev. Oct. 7, 2013) granted defendants’ motion to dismiss. This action arose out of the foreclosure proceedings initiated against the property of pro se Plaintiff Teresa Leong. … Continue reading

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January 31, 2014 in Nevada | Permalink | No Comments

January 29, 2014

Nevada Court Found Plaintiff’s Claim for Quiet Title Failed as a Matter of Law Based on Statute’s Express Language

By Ebube Okoli

The court in dealing with Beverly v. Weaver-Farley, 2013 U.S. Dist. LEXIS 146150 (D. Nev. 2013) ultimately dismissed the plaintiff’s claims. In her complaint, plaintiff alleged that pursuant to NRS 116.3116(2)(b), Wells Fargo’s first deed of trust was extinguished by … Continue reading

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January 29, 2014 in Nevada | Permalink | No Comments

December 10, 2013

Lower Court’s Grant of Summary Judgement Affirmed by Nevada Court

By Ebube Okoli

The court in deciding Castro v. Bank of N.Y. Mellon, 2013 Nev. LEXIS 1602 (Nev. 2013) affirmed the lower courts judgment against the plaintiff. Plaintiff obtained a home loan from Decision One Mortgage Company, LLC and executed a promissory note … Continue reading

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December 10, 2013 in Nevada | Permalink | No Comments

November 22, 2013

United States District Court Dismisses Plaintiff’s Intentional Misrepresentation and Negligent Misrepresentation Claims

By Ebube Okoli

The court in Hoffman v. Goldman, Sachs & Co., 2013 U.S. Dist. LEXIS 155092, 2013 WL 5797623 (D. Nev. Oct. 28, 2013) dismissed both of the plaintiff’s intentional misrepresentation and negligent misrepresentation claims. Plaintiffs asserted two claims in their complaint: … Continue reading

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November 22, 2013 in Nevada | Permalink | No Comments

November 13, 2013

Nevada District Court Holds that MERS Has Power to Start Foreclosure Action on Behalf of Lender

By Karume James

The federal district court of Nevada in Smith v. Community Lending, 773 F.Supp.2d 941 (D.N.V. 2011), held that MERS properly started a foreclosure action on behalf of the lender, Community Lending, Inc., because it found that MERS acted within the scope of … Continue reading

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November 13, 2013 in Nevada | Permalink | No Comments