Items Tagged with 'Foreclosure'

ARTICLES

6 ways to save the family home after a death or divorce

The CFPB needs to implement changes
The people who succeed ownership of a home after a death or family breakup are known as "successors in interest" or "successors." However, the change in ownership is not a simple process and can a result in a lot of problems. The National Consumer Law Center is out to remedy this.
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Into the void: What the decision in Yvanova means

The California Supreme Court leaves much unresolved in case
Essentially, despite expounding on the issues for 30 pages, the opinion just stands for the unremarkable (and, largely, undisputed) proposition that a borrower has standing to sue for wrongful foreclosure where the transaction by which the beneficiary acquired the loan was void at its inception. That point was even conceded, to some degree, by respondents in their brief.
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CoreLogic: Foreclosures fall to lowest level since 2006

Recovery from housing crisis continues
In another sign that the recovery from the housing crisis is ongoing rather than stalled out, the total number of completed foreclosures in 2015 was the lowest number of completed foreclosures in any year since 2006, a new report from CoreLogic shows.
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Texas court upholds MERS right to claim lien

Electronic registry countersued for its rights
Summit Residential Services acquired an interest in the subject property following a foreclosure sale conducted by a homeowner’s association — and moved to clear title. Summit was granted judgment in its favor; extinguishing a MERS lien. So, MERS countersued in April 2014, and won.
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CoreLogic: Foreclosures fall to lowest level since 2007

Foreclosure inventory and mortgages in serious delinquency hit 8-year low
The inventory of homes in foreclosure continued to decrease in November 2015, falling to the lowest level since November 2007, a new report from CoreLogic showed. But it wasn’t just the number of homes in foreclosure that fell to an eight-year low.
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Houston couple wins $5.4 million in foreclosure fraud suit against Wells Fargo

Sometimes David beats Goliath
It’s a story that has been seen hundreds, if not thousands of times since the housing crisis. Homeowners fight back against foreclosure, saying that the lender or servicer has no legal authority to foreclose on their home. And it usually ends the same way, with the little guy losing. But one Houston couple took on one of nation’s biggest banks – and won. Big.
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