Search for: "NovaStar Mortgage, Inc."
Results 1 - 11 of 11
Sorted by Relevance | Sort by Date
22 Feb, 2007 4:52 am
... 's Consumer Loan Act (CLA), and the plaintiffs' deeds. Pierce v. NovaStar Mortgage, Inc., 238 F.R.D. 624, 625 (W.D. Wash. ...
every borrower satisfying the following requirements: [¶] (1) the borrower entered into a federally-regulated mortgage loan that was subject to the requirements of [RESPA] and
secured by property within the State of Washington, at ... . NOTE: We do not summarize here the district court's analysis of NovaStar's
challenges to the CPA's elements of causation and injury, see Pierce, ...
9 Nov, 2006 5:07 am
... and Washington's Consumer Loan Act (CLA). Pierce v. NovaStar Mortgage, Inc., ___ F.Supp.2d ___ (W.D. Wash. October ...
"verbal disclosures and independent knowledge of the YSP were relevant" in evaluating whether NovaStar violated RESPA, TILA or CLA, id.
However, in connection with a renewed motion to certify ... CLA and demonstrated that the presence of verbal disclosures is arguably irrelevant to determining whether NovaStar violated the CLA. The district court then turned to RESPA and TILA, because ...
15 Aug, 2007 6:18 am
... Grants Plaintiffs' Motion for Partial Summary Judgment as to Whether in Connection with Plaintiffs' Loans NovaStar Fell Within the Bona
Fide Secondary Market Transaction Exemption Afforded by RESPA ... violation of Washington's Consumer Protection Act (CPA). Pierce v. NovaStar
Mortgage, Inc., 489 F.Supp.2d 1206, 1208 (W.D. Wash ... triable issues of material fact existed as to (1) whether Brown received a GFE from NovaStar in connection with his loan, and (2) "whether YSP disclosures in a range beginning ...
15 Oct 5:00 am
... the rights to the income generated by groups of loans that are consolidated into mortgage-backed securities. On February 20, 2007, Novastar announced its financial results from fiscal year 2006. These results ... with particularity the "who, what, where, when, and why." Cornelia I.
Crowell GST Trust v. Possis Med., Inc., 519 F.3d 778, 782 (8th Cir. 2008) (quoting In re K-tel Int'l, Inc. Sec. Litig., 300 F.3d 881, 890 (8th Cir. 2002)). The dismissal
was, therefore, based upon flaws in the pleading ...
1 Jul, 2008 12:04 pm
... Financial and three of its officers alleging securities fraud. In re 2007 Novastar Financial, Inc., Securities Litig., ___ F.Supp.2d
___ (W.D ... complaint; the court denied the request, concluding that amendment would be futile. In re 2007 Novastar Financial, at 7-8. NOTE:
The defense request for judicial notice concerned documents ... s stock price history, and certain developments in the subprime mortgage industry. In re 2007 Novastar Financial, at 1. Plaintiff did not oppose the request to the extent ...
30 Sep, 2008 12:22 pm
In early 2007, a purported class of investors in NovaStar Financial Corporation, a residential mortgage lender that made a percentage of
its loans to subprime borrowers, sued NovaStar and certain of its directors and officers in the United States ... argue that, under the
competing inferences standard set forth by the U.S. Supreme Court in Tellabs, Inc. v. Makor Issues & Rights, Ltd., 127 S.Ct. 2499 (2007), the inference that the
NovaStar defendants acted knowingly or recklessly is as at least ...
2 Dec, 2007 7:54 am
... 's standing and diversity jurisdiction in more foreclosure cases. These cases are NovaStar Mortgage., Inc. v. Grooms, 2007 WL
4190796 (S.D.Ohio November 21, ... professor Katherine M. Porter's recent article, Misbehavior and Mistake in Bankruptcy Mortgage Claims 3-4 (November 6, 2007), University of
Iowa College of Law Legal ... : http:// ssrn.com/abstract-1027961. The court made reference to Professor Porter's assertion that "[H]ome mortgage lenders often disobey the law
and overreach in calculating the ...
11 Apr, 2008 5:45 am
... goes unpaid, a party can seek relief from bankruptcy's automatic stay to foreclose. A mortgage can held by a lender, administered by a servicer, and owned by a nominee
commonly called MERS ( ... .R. 180 (Bankr. D. Mass. 2006) (if MERS), Saffran v. Novastar Mortgage, Inc., 2007 U.S. Dist. LEXIS
96306, (if lender despite MERS ... 's make this more complex. Money moves faster than paper in Wall Street, because it moves electronically. If the original mortgage holder
received money from another to sell the ...
25 Apr, 2007 7:17 am
... watching unfold. ORIGINAL ENTRY Let me begin by stating the obvious. The subprime mortgage market has melted down like Three Mile Island. Interestingly enough, ... foreclosed
on. New Century Financial Corp., ACC Capital Holdings, and NovaStar Mortgage, Inc. are all reeling from their reckless and
avaricious ways. Thousands of people ... March for the first time in six months, reflecting worry about worsening credit in subprime-mortgage markets - 3/19/07 Financial Stocks
Shaky - Financial stocks have ...
5 Apr 1:26 pm
... State Teachers' Retirement Sys. v. Fremont General Corporation, In re 2007 NovaStar Financial, Inc. Securities Litigation, In re
Impac Mortgage Holdings, Inc. Securities Litigation, and Tripp v. IndyMac Financial Inc. rejected ... defense at the pleading stage" on the ground that it was
"perfectly reasonable to infer" at the pleading stage that the complexity of Countrywide's mortgage-backed securities, "coupled with Countrywide's alleged public
misrepresentations, would blunt the effect of any ...
24 Jan, 2008 1:56 pm
... Merrill Lynch & Co., Inc. • Morgan Stanley • Novastar Financial Inc. • Option One Mortgage Corporation •
Washington Mutual Inc. • Wells Fargo & Co ... but they securitized the loans and used the profits to fund more subprime mortgages, make more money, and secure more
borrowers. In the past two years ... abandoned homes have been torn down. Cleveland is calling the "propagation of subprime mortgages… and the corresponding foreclosures... a
public nuisance as defined by Ohio common law. As a result ...
Search on: Blawgs.FM | BlawgSearch Google Co-op |
Blawg.com | Bloglines | Feedster | Google Blog Search |
Technorati | Google | MSN | Yahoo!