November 7, 2013
Eastern District of California Finds That MERS Was Not Required to Register to do Business in California
The Eastern District of California in deciding Bogdan v. Countrywide Home Loans, CIV-F-09-1055 AWI SMS (E.D. Cal. 2010), found that MERS was not required to register to do business in California. Based off of this finding the court subsequently dismissed … Continue reading
November 7, 2013 in Downstream litigation by date | Permalink | No Comments
November 6, 2013
Homeowners in Fifth Circuit Fail to Defeat Deutsche Bank Assignments
In Reinagel v. Deutsche Bank Nat’l Trust Co., 2013 U.S. App. LEXIS 22133 (5th Cir. Tex. July 11, 2013), the U.S. Court of Appeals for the Fifth Circuit upheld the Texas district court’s decision to grant Deutsche Bank’s motion to dismiss the … Continue reading
November 6, 2013 in Downstream litigation by date | Permalink | No Comments
October 27, 2013
California Northern District Court Dismissed Plaintiff’s Claims Due to Flawed Reliance on Non-California Law
The California Northern District Court in deciding Newbeck v. Washington Mutual Bank, et al., No. C 09-1599 CW (N.D. Cal., 2010), dismissed the plaintiff’s claims. In reaching this conclusion, the California Northern District Court noted that plaintiff‘s reliance on non-California … Continue reading
October 27, 2013 in Downstream litigation by date | Permalink | No Comments
Eastern District of California Found That MERS Was Not Required to Register to do Business in California
The United States District Court, Eastern District of California, in deciding Bogdan v. Countrywide Home Loans, 09-1055 (E.D. Cal. 2010), found that MERS was not required to register to do business in California. The Eastern District of California, after considering … Continue reading
October 27, 2013 in Downstream litigation by date | Permalink | No Comments
Eastern District of California Dismisses Plaintiff’s Wrongful Foreclosure Claims Due to Plaintiffs’ Lack of Tender
The United States District Court, Eastern District of California in deciding the case of Small v. Mortgage Electronic Registration Systems, Inc., et al., No. 2:09-CV-0458 (E. D. Cal., 2010), concluded that dismissing the plaintiff’s wrongful foreclosure claims due to lack … Continue reading
October 27, 2013 in Downstream litigation by date | Permalink | No Comments
October 17, 2013
$2.7 Million Punitive Damages for Wrongful Foreclosure Action
Many argue (see here, for instance) that wrongful foreclosures aren’t such a big deal. A recent case, Dollens v. Wells Fargo Bank, N.A., No. CV 2011-05295 (N.M. 2d Jud. Dist. Aug. 27, 2013) highlights just how bad it can be … Continue reading
October 17, 2013 in Downstream litigation by date | Permalink | No Comments
October 16, 2013
Glaski Full of It?
I had blogged about Glaski v. Bank of America, No. F064556 (7/31/13, Cal. 5th App. Dist.) soon after it was decided, arguing that it did not bode well for REMICs that did not comply with the rules governing REMICS that … Continue reading
October 16, 2013 in Downstream litigation by date | Permalink | No Comments