December 10, 2013
Imposing Order on Recording Chaos
Dale Whitman has posted A Proposal for a National Mortgage Registry: MERS Done Right. This is great timing because he will be touching on some of the issues raised in this article in tomorrow’s webinar. His proposal for a national … Continue reading
December 10, 2013 in Uncategorized | Permalink | No Comments
November 16, 2013
A Review of “Reckless Endangerment”
The 2008 Financial Crisis and subsequent fall of Lehman has been a recent point of fascination. HBO released its acclaimed “Too Big to Fail”; Kevin Spacey starred in “Margin Call”; even Michael Douglas’ “Wall Street” saw a revamp with a … Continue reading
November 16, 2013 in Uncategorized | Permalink | No Comments
November 13, 2013
Brooklyn’s New Center for Urban Business Entrepreneurship
Brooklyn Law School has announced a new venture, the Center for Urban Business Entrepreneurship (CUBE), that will encompass much of the work that Brad Borden and I do, including this very blog. The press release reads: Brooklyn has become a … Continue reading
November 13, 2013 in Uncategorized | Permalink | No Comments
September 9, 2013
Myths About Home Buying
I was quoted by MainStreet.com in Top 5 Myths About Home Buying Today. It reads in part, The fact is, buying a home today is absolutely, totally different from buying one in 2003. And right there is why so … Continue reading
September 9, 2013 in Uncategorized | Permalink | No Comments
August 20, 2013
Judge Rakoff Is All FIRREA-ed Up
Law360 quoted me in a story, Rakoff Gives DOJ License To Be Bold In Bank Crackdown (behind a paywall), that reads in part, U.S. District Judge Jed S. Rakoff’s expansive Monday opinion backing the federal government’s $1 billion mortgage fraud … Continue reading
August 20, 2013 in Uncategorized | Permalink | No Comments
August 15, 2013
Laches Upends Priority of Mortgagee in Utah
Professor Wilson Freyermuth posted this summary of the Utah Supreme Court’s opinion, Insight Assets, Inc. v. Farias, ___ P.3d ___, 2013 WL 3990783 (August 6, 2013), to the DIRT listserv: Synposis: Although vendor purchase money mortgagee may generally have a … Continue reading
August 15, 2013 in Uncategorized | Permalink | No Comments
July 8, 2013
Pre-Closing Credit Checks
Since 2010, Fannie Mae has required lenders to recheck a borrower’s credit right before closing the mortgage. It is advised that borrowers not do anything that might affect their financial status quo until the mortgage has been closed. For example, … Continue reading
July 8, 2013 in Uncategorized | Permalink | No Comments
