December 27, 2013
Texas Court Found That There Was no Gap in Chain of Title
The court in deciding Acosta v. Fannie Mae, 2013 U.S. Dist. LEXIS 148066 (S.D. Tex. 2013) found that Under Section 51.0025 of the Texas Property Code, BOA had standing to foreclose as servicer of the loan. Plaintiff asserted numerous claims … Continue reading
December 27, 2013 in Downstream litigation | Permalink | No Comments
December 24, 2013
Michigan Court Holds That Plaintiffs Were Not Subject to Double Liabilty on Their Debt and Thus Lacked Standing
The court in deciding Laues v. Bank of Am., N.A., 2013 U.S. Dist. LEXIS 147912 ( E.D. Mich. Oct. 15, 2013) granted the defendant’s motion and dismissed the plaintiff’s claim. Plaintiffs Roy A. Laues and Kristin G. Laues (“the Laues”), … Continue reading
December 24, 2013 in Downstream litigation | Permalink | No Comments
Michigan Court Dismisses State Claims Against 13 Defendants – Including Wells Fargo
The court in deciding Berry v. Main St. Bank, 2013 U.S. Dist. LEXIS 147915 ( E.D. Mich. 2013) granted the defendant’s motion to dismiss, and the plaintiff’s claims were dismissed without prejudice. Plaintiff Erik Berry initiated this action against thirteen … Continue reading
December 24, 2013 in Downstream litigation | Permalink | No Comments
Michigan Court Dismisses MCPA & HOEPA Claims
The court in deciding Huff v. Fannie Mae, 2013 U.S. Dist. LEXIS 148053 (E.D. Mich. Oct. 2013) granted Bank of America’s motion to dismiss. Plaintiff advanced a claim against defendants for quiet title (Count I) and alleged that defendants violated … Continue reading
December 24, 2013 in Downstream litigation | Permalink | No Comments
Illinois Court Finds Statute of Limitation Barres TILA & Fraud Claims
The court in deciding Gater v. Bank of Am., N.A., 2013 U.S. Dist. LEXIS 149872 (N.D. Ill. 2013) granted Bank of America’s motion to dismiss. Plaintiff alleged violations of Truth-in-Lending Act (TILA), 15 U.S.C. §§ 1601, et seq. claim (Count … Continue reading
December 24, 2013 in Downstream litigation | Permalink | No Comments
Washington Court Dismisses Plaintiff’s State Consumer Protection Act Claim
The court in deciding Massey v. BAC Home Loans Servicing LP, 2013 U.S. Dist. LEXIS 148402 (W.D. Wash. 2013) granted the defendant’s motion for summary judgment pursuant to Federal Rule of Civil Procedure 56. Plaintiff Cindy T. Massey claimed that … Continue reading
December 24, 2013 in Downstream litigation | Permalink | No Comments
December 23, 2013
Supreme Court of Vermont Denied a Motion Requesting a Declaration That U.S. Bank Had Violated Vermont’s Consumer Fraud Act (CFA)
The court in deciding Dernier v. Mortgage Network, Inc., 2013 VT 96 (Vt. 2013) reversed the trial court’s dismissal of the counts that alleged irregularities in the transfer of the note and mortgage unconnected to the PSA. The court also … Continue reading
December 23, 2013 in Downstream litigation | Permalink | No Comments