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On September 2, 2020, the CFPB announced the issuance of a consent order against Accelerate Mortgage, LLC (Accelerate), immediately following two announcements on September 1, 2020 regarding consent orders against Service 1st Mortgage, Inc. [read post]
7 Sep 2015, 8:00 pm by Greene LLP
These submissions were made by three subsidiaries of Walter Investment and included Reverse Mortgage Solution Inc., Reo Management Solutions LLC, and RMS Asset Management Solutions LLC. [read post]
7 Feb 2013, 10:11 am by grosin
When the LLC defaulted on the note, the LLC sued the lender to enjoin foreclosure, and to void the note and mortgage, on the grounds that the manager lacked the authority to borrow the money, or to sign the note and the mortgage. [read post]
15 Apr 2013, 3:40 am by Peter Mahler
One month later, in July 2011, BTB filed a petition in Manhattan Supreme Court pursuant to LLC Law § 702 seeking judicial dissolution of 1141 and the liquidation and distribution of its assets including the hotel property. [read post]
25 Sep 2014, 6:24 pm
McBride created a new LLC owned by other LLCs made up of him and his family members, acquired a new loan from another lender and used the funds to have this new LLC acquire an assignment of the SunTrust construction loan and mortgages for the full amount owed to SunTrust. [read post]
14 Jun 2010, 2:39 am by Andrew Lavoott Bluestone
  Seller is persuaded to take a mortgage, and the attorney agrees to file the mortgage as well as the life estate. [read post]
9 Sep 2012, 10:00 pm by Peter Mahler
Another lawsuit in which no one agrees who owns what if any percentage interest in the LLC. [read post]
11 Nov 2019, 3:45 am by Peter Mahler
Baumann appealed to the Appellate Division, First Department, which, in March 2017, unanimously reversed the lower court’s order. [read post]