September 17, 2014
Foreclosure Mitigation Counseling Works
The Urban Institute published a study, National Foreclosure Mitigation Counseling Program Evaluation Final Report, Rounds 3 Through 5, that it prepared for NeighborWorks® America. The executive summary notes that The National Foreclosure Mitigation Counseling (NFMC) program is a special federal … Continue reading
September 17, 2014 in MBS industry | Permalink | No Comments
August 18, 2014
Housing Finance at A Glance
The Urban Institute’s Housing Finance Policy Center really does give a a nice overview of the American housing finance system in its monthly chartbook, Housing Finance at A Glance. I list below a few of the charts that I found … Continue reading
August 18, 2014 in MBS industry | Permalink | No Comments
July 25, 2014
California Court Denies Plaintiffs’ Claims for Breach of Express Agreements, Breach of Implied Agreements, Slander of Title, Wrongful Foreclosure, and Violations of California Civil Codes
The court in deciding Zapata v. Wells Fargo Bank, N.A., 2013 U.S. Dist. (N.D. Cal. Dec., 2013) dismissed the plaintiff’s action for failure to state a claim. This action boiled down to an attempt made by the plaintiff to avoid … Continue reading
July 25, 2014 in MBS industry | Permalink | No Comments
July 23, 2014
The court in deciding Brannigan v. Bank of Am. Corp., 2013 U.S. Dist. (N.D. Ga., 2013) agreed with the defendants that the plaintiffs’ complaint failed to state a claim upon which relief could be granted and was to be dismissed … Continue reading
July 23, 2014 in MBS industry | Permalink | No Comments
July 19, 2014
Georgia Court Dismisses RESPA, TILA, and HOEPA Claims
The court in deciding Mitchell v. Deutsche Bank Nat’l Trust Co., 2013 U.S. Dist. (N.D. Ga., 2013) granted the defendant’s motion to dismiss. Plaintiffs Reginald and Jamela Mitchell claimed that the defendants Deutsche Bank National Trust Co. and MERS violated … Continue reading
July 19, 2014 in MBS industry | Permalink | No Comments
July 10, 2014
Connecticut Court Denies All Five of Defendant’s Special Defenses to Foreclosure Action
The court in deciding Bank of Am., N.A. v. Samaha, 2013 Conn. Super. (Conn. Super. Ct., 2013) granted the plaintiff’s motion for summary judgment. In this action, the plaintiff sought to foreclose a mortgage executed by Joseph Samaha and Denise … Continue reading
July 10, 2014 in MBS industry | Permalink | No Comments
June 27, 2014
Tennessee Court Dismisses Plaintiff’s TCPA Claim
The court in deciding Amour v. Bank of Am., N.A., 2013 U.S. Dist. (E.D. Tenn., 2013) granted in part and denied in part the defendant’s motion to dismiss The plaintiffs brought three separate causes of action each of which the … Continue reading
June 27, 2014 in MBS industry | Permalink | No Comments