Topic
Foreclosures
864 published works
Massachusetts Land Use Monitor
Citing Ibanez, Appeals Court Panel Reopens Lender’s Foreclosure of MERS Mortgage
By Donald Pinto
In an "unpublished" decision (pdf) issued earlier this week ("unpublished" means the decision hasn't been reviewed and issued by the full court), a three-judge Appeals Court panel reversed a lower court decision awarding possession of a foreclosed…
Financial Institutions Law Blog
More Teeth For The Tender Rule
In the current flood of mortgage litigation, the so-called "tender rule"—that a borrower generally cannot set aside a foreclosure unless he or she tenders the full amount owed on the…
Texas Bankruptcy Blog
Homeowners Foreclose On Bank of America
By Bryan Fears
Call it poetic justice, or even karma. . . During the past few years Bank of America has been at the subject of harsh criticism for business practices that range…
PropertyProf Blog
Homeowner Forecloses on Bank of America Branch
By propertyprof
Revenge!Five months ago, Bank of America filed foreclosure papers on the home of Maurenn Nyergers. The trouble for Bank of America is that Nyergers never had a mortgage - she…
ContractsProf Blog
Turning the Tables: Florida Couple Forecloses on Bank of America Branch
From AP/law.com:Warren and Maureen Nyerges bought a foreclosure in Naples with cash in 2009 and never dreamed they would end up in court, fighting foreclosure.Bank of America mistakenly filed a…
Land Use Prof Blog
Homeowner Forecloses on Bank
Yes, you read that right. A homewoner in Collier County, Florida foreclosed on a bank branch! Bank of America gets Padlocked after Homeowner Forecloses on It.It started five months ago…
Massachusetts Land Use Monitor
Superior Court has Fannie Covered in Foreclosure Case
By Donald Pinto
In its recent decision in Gilbert v. Federal National Mortgage Association (pdf), the Middlesex County Superior Court rejected the plaintiff's attempt to unwind a foreclosure process that ended with the principal defendant, Fannie Mae, owning the plaintiff's…
Land Use Prof Blog
Fitzpatrick on Land Banking and Disposition of Vacant REO Properties
Among the more visible, lasting land-use legacies of the foreclosure crisis is an abundance of vacant REO (Real Estate Owned) properties held by foreclosing lenders. Tom Fitzpatrick (Federal Reserve Bank…
PropertyProf Blog
Will Mortgage Scammers Never Cease
By propertyprof
One of the eye-opening aspects of blogging here is this: often, if one of us puts up a post that contains the word "mortgage," we get spam in the comments box. I…
Land Use Prof Blog
Rose on the Rights of Tenants of Residential Properties in Foreclosure
Henry Rose (Loyola-Chicago) has posted The Due Process Rights of Residential Tenants in Mortgage Foreclosure Cases, 41 N. M. L. Rev. ___ (forthcoming 2011). Here's the abstract:The purpose of this…