Topic
Foreclosures
864 published works
Texas Bankruptcy Blog
Renters Protection Law Set to Expire
By Bryan Fears
During the mortgage crisis, many renters were evicted from their homes when landlords lost property to foreclosure. Often renters were given just a few days to leave, even though all…
PropertyProf Blog
Zevelev on Regulating Mortgage Leverage
Albert Zevelev (Wharton - Ph.D. Student) has posted Regulating Mortgage Leverage: Fire Sales, Foreclosure Spirals and Pecuniary Externalities on SSRN. Here's the abstract:The US housing boom was accompanied by a…
Property Insurance Coverage Law Blog
Insurance Coverage after Foreclosure?
By Shane Smith
In August, the U.S. Court of Appeals addressed whether a homeowners’ property insurance policy was rendered void after the insureds lost the home in foreclosure, yet continued to reside in…
Land Use Prof Blog
Addressing cure for “zombie” plague
Vacant properties are a persistent land use issue in the most financially distressed regions, as thousands of properties currently sit empty throughout nation. “Zombie” properties result when a bank begins foreclosure proceedings…
Texas Bankruptcy Blog
HAMP Denial May Mean Lawsuit
By Bryan Fears
Under the Home Affordable Modification Program (“HAMP”), an underwater homeowner may request that a lender modify his or her home mortgage. Typically, a request is made after the homeowner has…
Southeast Financial Litigation Monitor
Eleventh Circuit Suggests Failing to Comply with HUD Regulations Incorporated in a Security Deed Gives Rise to a Breach of Contract Claim
By Jamie Cohen
In Bates v. JP Morgan Chase Bank, N.A., No. 13-15340 (11th Cir. Sept. 30, 2014), the Eleventh Circuit ultimately affirmed summary judgment against the borrower, but noted that a lender’s…
Texas Bankruptcy Blog
Flagstar Bank Penalized for Mortgage Servicing Violations
By Bryan Fears
The Consumer Financial Protection Bureau (CFPB) announced that it has reached a consent agreement with Flagstar Bank to settle accusations that the bank delayed or prevented thousands of homeowners from…
Georgia Bankruptcy Law Network
How Long Can I Stay In My House After Foreclosure?
By Scott Riddle
If you have gone through the foreclosure process, maybe because you have decided to leave an expensive house and debt behind, and you are still living in the house, you…
Land Use Prof Blog
Valuations Slow Housing Recovery
My last post alluded to the well-documented history of institutional factors, including the lack of access to credit, that contributed to Chicago’s status as one of the top five most…
PropertyProf Blog
Foster & Boyack on Condo Foreclosures
Will Foster (Arkansas) & Andrea Boyack (Wasburn) has posted Muddying the Waterfall: How Ambiguous Liability Statutes Distort Creditor Priority in Condominium Foreclosures (Arkansas Law Review) on SSRN. Here's the abstract:Intentionally…