REFinBlog

Editor: David Reiss
Cornell Law School

November 12, 2013

Alabama Court Dismisses Plaintiff’s Insufficiently Plead Quiet Title Claim

By Ebube Okoli

The United States District Court for the Northern District of Alabama, Western Division, in deciding Orton v. Matthews, 2013 U.S. Dist. LEXIS 156870 (N.D. Ala. Nov. 1, 2013), granted [defendant] Bank of America’s motion to dismiss plaintiff’s claims pursuant to … Continue reading

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November 12, 2013 in MBS industry | Permalink | No Comments

November 8, 2013

BAC Not Required to Evidence Holding Note in Texas Fourth Court of Appeals

By Devon Avallone

In Lowery v. Bank of America, N.A., 2013 Tex. App. LEXIS 13114 (Tex. App. San Antonio Oct. 23, 2013), the Texas Fourth Court of Appeals affirms summary judgment for BAC Home Loan Servicing, LP dismissing homeowner’s claim that without evidence … Continue reading

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November 8, 2013 in MBS industry | Permalink | No Comments

Central District of California Court Finds Plaintiff Lacks Standing as There Was No “Injury in Fact”

By Ebube Okoli

The United States District Court for the Central District of California in deciding Ellis v. Bank of Am., N.A., 2013 U.S. Dist. LEXIS 157173 (C.D. Cal. Oct. 28, 2013) concluded that plaintiff did not have standing to challenge defendants’ initiating … Continue reading

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November 7, 2013 in MBS industry | Permalink | No Comments

Washington Court Dismisses Plaintiff’s Truth in Lending Act (TILA) Complaint

By Ebube Okoli

The court in deciding Pruss v. Bank of Am. Na, 2013 U.S. Dist. LEXIS 157286 (W.D. Wash. Nov. 1, 2013) found that the plaintiff’s claims were barred by time and or otherwise inadequately pleaded. Therefore, the court granted the defendants’ … Continue reading

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November 7, 2013 in MBS industry | Permalink | No Comments

Eastern District of California Finds That MERS Was Not Required to Register to do Business in California

By Ebube Okoli

The Eastern District of California in deciding Bogdan v. Countrywide Home Loans, CIV-F-09-1055 AWI SMS (E.D. Cal. 2010), found that MERS was not required to register to do business in California. Based off of this finding the court subsequently dismissed … Continue reading

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November 7, 2013 in MBS industry | Permalink | No Comments