January 18, 2014
California Court Finds Plaintiff Lacked Standing to Bring Action
The court in deciding Mottale v. Kimball Tirey & St. John, LLP, 2013 U.S. Dist. 146293 (S.D. Cal. Oct. 9, 2013) ultimately granted the defendants’ motion to dismiss. Plaintiff alleged unnamed investors brought an unlawful detainer action in state court … Continue reading
January 18, 2014 in Downstream litigation by state | Permalink | No Comments
New York Court Finds Chase Had the Right to Enforce the Loan
The court in deciding Beka Realty LLC v JP Morgan Chase Bank, N.A., 41 Misc. 3d 1213(A) (N.Y. Sup. Ct. 2013) ultimately granted Chase’s motion for an order dismissing plaintiff’s claims. Beka Realty LLC (plaintiff) brought an action against defendant … Continue reading
January 18, 2014 in Downstream litigation by state | Permalink | No Comments
January 13, 2014
Florida Appellate Court Holds that Mortgagee is not Required to be the Mortgage Holder and Owner to have Standing for Foreclosure Action
The District Court of Appeal of Florida in Wells Fargo Bank, N.A., v. Morcom, 2013 WL 5575634 (Fl. Ct. App., 5th Dist. 2013), held that mortgagee was not required to be both holder and owner of promissory note in order to … Continue reading
January 13, 2014 in Downstream litigation by state | Permalink | No Comments
New York Appellate Court Holds that Plaintiff Bank Did not Have Standing as Mortgage Holder
The New York State Appellate Division, Second Department in Midland Mortg. Co. v. Imtiaz, 110 A.D.3d 773 (2d Dept. 2013), held that the Plaintiff did not have standing to initiate the action because it failed to establish its status as … Continue reading
January 13, 2014 in Downstream litigation by state | Permalink | No Comments
January 9, 2014
Oregon Court Dismisses Plaintiff’s Oregon Revised Statute § 86.745(1) Claim
The court in Woods v. United States Bank N.A., 2013 U.S. Dist. LEXIS 146485 (D. Or. 2013) ultimately granted the defendants’ motion to dismiss, and dismissed with prejudice. Plaintiffs sought a declaratory judgment voiding and setting aside the foreclosure of … Continue reading
January 9, 2014 in Downstream litigation by state | Permalink | No Comments
California Appeals Court Affirms Lower Court’s Decision to Sustain Defendant’s Demurrer
The court in deciding Nehme v. Bac Home Loans Servicing, 2013 Cal. App. Unpub. LEXIS 7366 (Cal. App. 2d Dist. Oct. 15, 2013) affirmed the lower court decision. Plaintiff (William Nehme) brought this action for fraud, rescission, and other claims … Continue reading
January 9, 2014 in Downstream litigation by state | Permalink | No Comments
Ohio Appeals Court Affirms Lower Court Decision Granting Summary Judgement in Favor of Bank of America
The court in deciding Bank of Am., N.A. v. Hizer, 2013-Ohio-4621 (Ohio Ct. App., Lucas County 2013) ultimately granted the defendant’s motion for summary judgment. This case was an appeal from a judgment of the Lucas County Court of Common … Continue reading
January 9, 2014 in Downstream litigation by state | Permalink | No Comments