October 25, 2013
Reiss on Buying a Home
MainStreet.com interviewed me in Guess the Unexpected Best Time to Buy a Home. It reads in part, Hunting for a new home during the holidays can have many hidden advantages for buyers, despite conventional wisdom. While there is less inventory … Continue reading
October 25, 2013 in Equity | Permalink | No Comments
October 16, 2013
California Court Found That MERS Held Interests in the Property and Rejected the Plaintiff’s Argument that MERS Lacked Standing
The California court in deciding Nacif v. White-Sorensen, et al., NO. D056993. (San Diego Ct. Sup. Ct., 2009), determined that MERS held interests in the property and rejected the plaintiff’s argument that MERS had no standing because it was not … Continue reading
October 16, 2013 in Equity | Permalink | No Comments
October 15, 2013
Court Finds That MERS, as the Beneficiary Under the Deed, Had the Authority to Assign its Beneficial Interest
The United States District Court, Northern District California in Benham v. Aurora Loan Services, No. C-09-2059, (N.D.Cal. 2009) dismissed the plaintiff’s claims in the entirety. The plaintiff brought a litany of claims. Among the plaintiff’s claims, was that MERS and violated … Continue reading
October 15, 2013 in Equity | Permalink | No Comments
California Eastern District Court Notes There is no Requirement for the Production of the Original Note to Initiate a Non-Judicial Foreclosure Sale Under California Law
The California Eastern District Court in Castaneda et al v. Saxon Mortgage Services, Inc. et al., No. 2:2009cv01124 (E.D. Cal. 2010) dismissed the plaintiff’s claim alleging wrongful foreclosure due to foreclosing party’s lack of note. Plaintiffs Cesar and Suzzanne Castaneda … Continue reading
October 15, 2013 in Equity | Permalink | No Comments
Southern District of California Holds that Production of Original Note is Not Required to Proceed with a Non-Judicial Foreclosure
The United States District Court for the Southern District of California in Putkkuri v. Recontrust Co., Case No. 08cv1919 WQH (AJB) (S.D.Cal. 2009) granted the defendants’ motion to dismiss. The plaintiff in this case demanded written proof of the defendants’ … Continue reading
October 15, 2013 in Equity | Permalink | No Comments
September 26, 2013
Reiss on Atlantic Yards Litigation
The New York Daily News quoted me in a story, Bruce Ratner Will Have to Pay His Opponents’ Legal Bills: Judge, about the litigation over the construction of the Barclays Center and the other buildings in the Atlantic Yards project. … Continue reading
September 26, 2013 in Equity | 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 Equity | Permalink | No Comments