September 12, 2013
Just Shoot Me
Florida Twelfth Judicial Circuit Magistrate Bailey issued a Recommended Order in HSBC Bank USA, National Association, et al. v. Marra, No. 2008 CA 000630 NC (Aug. 14, 2013) that makes you want to give up. Not because of the judge, … Continue reading
September 12, 2013 in Downstream litigation | Permalink | No Comments
September 9, 2013
Arizona Court Grants Summary Judgment in Favor of MERS in Show Me the Note Claim
The Arizona court in deciding the case of Sparlin v. BAC Home Loans Servicing, CA-CV-2010-0173 (Ct. Ap. AzDiv. 2, 2011), had to consider arguments based on the theory of ‘show me the note.’ Sparlin had appealed the lower court decision … Continue reading
September 9, 2013 in Downstream litigation | Permalink | No Comments
Arizona Court Affirms a Lower Court Decision That Possession of Note Was Not Needed for a Party to Initiate a Non-Judicial Foreclosure
The Arizona court in Maxa v. Countrywide Loans, Inc., 2010 WL 2836958 (D. Ariz. 2010) affirmed a lower court decision that possession of the note was not needed for a party to initiate a non-judicial foreclosure. The court also affirmed … Continue reading
September 9, 2013 in Downstream litigation | Permalink | No Comments
September 3, 2013
Arizona Court Rejects Plaintiff’s Argument That MERS Lacked Authority to Foreclose
The Arizona court in Kane v. Bosco, No. 10-CV-01787-PHX-JAT, 2010 WL 4879177 (D.Ariz. 2010), after considering the plaintiffs contentions that MERS lacked the power to assign mortgages, proceeded to reject those arguments. In making such a rejection, the court held … Continue reading
September 3, 2013 in Downstream litigation | Permalink | No Comments
Arizona Court Dismisses Plaintiff’s Show-Me-The-Note Claim in Its Entirety
The Arizona Court that decided AOM Group LLC et al v. Mortgage IT, Inc. et al., No. CV 09-2639-PHX-SRB (D.Ariz.)(2010) held that the plaintiff’s ‘show me the note’ argument was lacking in merit. The plaintiff brought an action that challenged … Continue reading
September 3, 2013 in Downstream litigation | Permalink | No Comments
The United States District Court for the District of Arizona Reasons That the Plaintiff Agreed to Empower MERS to Foreclose
The United States District Court for the District of Arizona, in Silvas v. GMAC Mortgage, LLC, et al., cv00265 (AZ Dist., 2009), reaffirmed MERS’ standing as the beneficiary of a deed of trust. In the present case, the plaintiff brought … Continue reading
September 3, 2013 in Downstream litigation | Permalink | No Comments
The United States District Court for the District of Arizona Finds That the Borrower Gave MERS the Ability to Take Any Action, Which the Lender Would be Able to Take
The United States District Court for the District of Arizona, in Blau v. America’s Servicing Company, et al, No. CV-08-773 (D. Ariz., 2009), acknowledged that MERS, acting as a beneficiary, was the proper party to execute an assignment of the … Continue reading
September 3, 2013 in Downstream litigation | Permalink | No Comments