February 18, 2014
Kansas Court of Appeals Finds Note Splitting Argument Lacked Merit
The court in deciding Wells Fargo Bank, N.A. v. Richards, 2013 Kan. App. 1160 (Kan. Ct. App. 2013) ultimately upheld the lower court’s decision. The plaintiff [Chester E. Richards, Jr.], appealed the lower court’s decision which granted summary judgment to … Continue reading
February 18, 2014 in MBS industry | Permalink | No Comments
February 9, 2014
Alabama Court of Civil Appeals Dismisses Homeowner Appeal for Filing Appeal Too Late
In Wolfe v. JPMorgan Chase Bank, N.A., the Alabama Court of Civil Appeals dismissed the appeal of joint homeowners Evan and Kelly Wolfe (“Plaintiffs”) in a foreclosure and attorney fee lawsuit for failing to file the appeal within the statutory … Continue reading
February 9, 2014 in MBS industry | Permalink | No Comments
February 7, 2014
California Court Upholds Summary Judgment Against Plaintiff, Dismissing California Uniform Commercial Code section 9313 Violations
The court in deciding Wolford v. Am. Home Mortg. Servicing, 2013 Cal. App. Unpub. LEXIS 7307 (Cal. App. 2d Dist. 2013) ultimately granted summary judgment in favor of defendants. AHMSI and Wells Fargo met their threshold burden to show they … Continue reading
February 7, 2014 in MBS industry | Permalink | No Comments
Missouri Court Dismisses Real Estate Settlement Procedures Act and Home Ownership Equity Protection Act Violation Claims Brought Against Nationstar Mortgage, LLC and MERS
The court in deciding White v. CTX Mortg., LLC, 2013 U.S. Dist. LEXIS 146589 (W.D. Mo. 2013) ultimately granted the defendant’s motion to dismiss. The plaintiff’s complaint asserted that the chain of title had been broken. Consequently, “title was not … Continue reading
February 7, 2014 in MBS industry | Permalink | No Comments
Nevada Court Dismisses TILA and Fraud Claims Brought Against Chase and MERS
The court in deciding Leong v. JPMorgan Chase, 2013 U.S. Dist. LEXIS 144678 (D. Nev. 2013) ultimately granted the defendant’s motion to dismiss. This action arose out of the foreclosure proceedings initiated against the property of the plaintiff Teresa Leong. … Continue reading
February 7, 2014 in MBS industry | Permalink | No Comments
January 31, 2014
Nevada Court Dismisses Show-me-the-Note Action Brought Against Chase and MERS
The court in Leong v. JPMorgan Chase, 2013 U.S. Dist. LEXIS 144678 (D. Nev. Oct. 7, 2013) granted defendants’ motion to dismiss. This action arose out of the foreclosure proceedings initiated against the property of pro se Plaintiff Teresa Leong. … Continue reading
January 31, 2014 in MBS industry | Permalink | No Comments
California Court Dismisses Action Brought Against MERS and Aurora Loan Services for Wrongfully Initiated Foreclosure Proceedings
The court in Morgan v. Aurora Loan Servs., LLC, 2013 U.S. Dist. LEXIS 145623 (C.D. Cal. 2013) granted defendants’ motion to dismiss plaintiff’s claims. The court concluded that the “allegation of other facts consistent with the challenged pleading could not … Continue reading
January 31, 2014 in MBS industry | Permalink | No Comments