March 5, 2014
The Court found That Bank of America had Standing Even After Merger
The court in deciding Bank of Am., N.A. v. Harris, 2013-Ohio-5749 (Ohio Ct. App., Cuyahoga County 2013) found Bank of America had standing after merger. Plaintiff moved for summary judgment arguing that Bank of America lacked standing to foreclosure because … Continue reading
March 5, 2014 in Downstream litigation by date | Permalink | No Comments
United States District Court Rejects Claim Under the Washington Consumer Protection Act
The United States District Court for the Western District of Washington in deciding Massey v. BAC Home Loans Servicing LP, 2013 U.S. Dist. 180472 (W.D. Wash. Dec. 23, 2013) granted defendants’ motions for summary judgment. Plaintiff Cindy T. Massey asserted … Continue reading
March 5, 2014 in Downstream litigation by date | Permalink | No Comments
March 3, 2014
United States District Court Rejects Show-me-the-Note Theory and SpIit-the-Note Theory Claims
In deciding McWright v. Bank of Am., N.A., 2013 U.S. Dist. LEXIS 180500 (N.D. Tex. Nov. 7, 2013) the United States District Court for the Northern District of Texas rejected the plaintiff’s claims. In her complaint, plaintiff raised the following … Continue reading
March 3, 2014 in Downstream litigation by date | Permalink | No Comments
Kansas Court of Appeals Upholds Summary Judgment in Favor of Wells Fargo
The Court of Appeals of Kansas in deciding Wells Fargo Bank, N.A. v. Richards, 2013 Kan. App. LEXIS 1160 (Kan. Ct. App. 2013) ultimately affirmed the lower court’s granting of summary judgment for Wells Fargo. Plaintiff appealed the lower court’s … Continue reading
March 3, 2014 in Downstream litigation by date | Permalink | No Comments
February 22, 2014
The Court of Appeals of Ohio Upholds Foreclosure Judgment Against Homeowner for Failing to Challenge Bank’s Standing During Trial
In October 2013, the Court of Appeals of Ohio in Wells Fargo Bank N.A., v. Arlington affirmed a trial court’s judgment in favor of the plaintiff bank in a foreclosure action because the homeowner did not properly challenge the bank’s … Continue reading
February 22, 2014 in Downstream litigation by date | Permalink | No Comments
Federal District Court of Nevada Dismisses Homeowners’ Lawsuit Against Banks for not Pleading Enough Facts
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
February 22, 2014 in Downstream litigation by date | Permalink | No Comments
February 20, 2014
Kansas Court of Appeals Finds that Wells Fargo’s Possession of Signed Promissory Note was Sufficient to Enforce and Foreclose
The court in deciding Wells Fargo Bank, N.A. v. Richards, 2013 Kan. App. 1160 (Kan. Ct. App. 2013) affirmed the lower court’s decision finding that Wells Fargo had standing to bring foreclosure action. On January 25, 2013, the lower court … Continue reading
February 20, 2014 in Downstream litigation by date | Permalink | No Comments