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15 Jun 2015, 12:33 pm
While the trial court reasoned that DBSP’s cure or repurchase obligation under the Pooling and Servicing Agreement (“PSA”) was ongoing, the Court of Appeals explained that DBSP represented and warranted certain facts about the mortgage loans as they existed when the PSA and Mortgage Loan Purchase Agreement were executed and expressly stated they did not survive the closing date. [read post]
8 Sep 2009, 2:49 am
The notes were collateralized by certain assets, included residential mortgage backed securities (RMBS). [read post]
21 Jan 2010, 11:16 pm
"Governance: Articles/Certificate of Incorporation and all amendments Bylaws and all amendments Conflict of Interest Policy Investment Policy Whistleblower Policy Document Retention/Destruction Policy Form 990 Review Policy Other governance-related policies Minute book Organizational chart Membership roster (if voting membership organization) Good standing certificate Schedule of states where organization is doing business or raising funds, or owns property Foreign qualifications Charitable… [read post]
9 Apr 2020, 12:39 pm
Mortgage. [read post]
1 Aug 2022, 9:38 am
The FHFA appears to share the CFPB’s concerns that the use of technology in the mortgage industry may present fair lending risk. [read post]
18 Oct 2011, 7:09 am
Foreclosure Prevention and Sound Mortgage Servicing Act of 2011. [read post]
15 Nov 2011, 3:13 am
Foreclosure Prevention and Sound Mortgage Servicing Act of 2011. [read post]
3 Jan 2012, 3:10 am
Foreclosure Prevention and Sound Mortgage Servicing Act of 2011. [read post]
18 Oct 2011, 7:09 am
Foreclosure Prevention and Sound Mortgage Servicing Act of 2011. [read post]
9 Nov 2021, 8:43 am
In early 2021, mortgage servicer Nationstar initiated tens of thousands of unauthorized withdrawals from its customers. [read post]
15 Nov 2014, 1:41 pm
A contract of adhesion is defined as: “[a] standard form contract drafted by one party (usually a business with stronger bargaining power) and signed by the weaker party (usually a consumer in need of goods or services), who must adhere to the contract and therefore does not have the power to negotiate or modify the terms of the contract. [read post]
14 Nov 2017, 9:00 pm
W “advanced” monies under its mortgage but $1 million of that advance went into a GIC in W’s name, as security for the mortgage loan and in particular for the completion of “deep services” on the land. [read post]
30 Aug 2011, 5:22 pm
Moody’s Investor’s Services (10th Cir. 1999) (holding that interference with business relations and interference with contract claims can’t be based on expressions of opinion). [read post]
19 Mar 2010, 1:22 am
A subscription to LAW.COM is needed for online access to this service. [read post]
28 Sep 2017, 8:51 am
RELATED ARTICLES: Can Contracts be Terminated due to Force Majeure? [read post]
28 Sep 2017, 8:51 am
RELATED ARTICLES: Can Contracts be Terminated due to Force Majeure? [read post]
31 Oct 2008, 4:15 pm
As a paradigmatic example, consider a bank that offers credit card services to consumers. [read post]
23 Apr 2019, 2:37 pm
As an indirect lender, they are not contracting directly with you, but do service the loan. [read post]
16 Dec 2010, 6:04 pm
EMC Mortgage Corp. is a pro se mortgage wrongdoing action this blog previously covered. [read post]
23 Jul 2008, 10:02 am
Documents listed are accessible through subscription to the GalleryWatch.com service. [read post]
