REFinBlog

Editor: David Reiss
Cornell Law School

California Court Dismisses All 12 Claims

By Ebube Okoli

The court in deciding Scott v. Saxon Mortg. Servs., 2013 U.S. Dist. LEXIS 146988 (N.D. Cal. Oct. 10, 2013) granted defendant’s motion to dismiss with leave to amend in part. Plaintiff’s brought 12 claims against defendants. Plaintiff’s first claim for … Continue reading

December 28, 2013

California Court Dismisses Show-Me-the-Note Claim

By Ebube Okoli

The court in deciding Newman v. Bank of N.Y. Mellon, 2013 U.S. Dist. LEXIS 147562 (E.D. Cal. 2013) granted the defendant’s motion and dismissed the complaint. Plaintiff (Newman) argued that he was not challenging the authorization to foreclose, nor was … Continue reading

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December 28, 2013 in MBS industry | Permalink | No Comments

December 27, 2013

Texas Court Found That There Was no Gap in Chain of Title

By Ebube Okoli

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

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December 27, 2013 in MBS industry | Permalink | No Comments