Tag Archives: Law

A recent ruling in Illinois has implications for mortgage servicers operating in the state. Here’s what you need to know.

The wrath of COVID-19 has touched all facets of the housing market, and now law firms are offering a helping hand to servicers in their efforts to assist homeowners.

According to DAL Legal, a recent case reverses a dangerous precedent among the lower courts based on a misapprehension of negotiable instruments and holder status.

According to a lawsuit filed by the New Civil Liberties Alliance, Congress unlawfully divested its legislative appropriations power when it gave CFPB the ability to draw funding directly from the Federal Reserve

The Court explained that “a straightforward reading of the affidavit” clearly identified BOA as the servicing agent and custodian of the note and that the note holder, HSBC, was a “separate entity.”

DS News discusses the state of the industry with Editorial Advisory Board member and VP, Single-Family Real Estate for Fannie Mae, Jacob Williamson.

According to a Florida court, a bank can recover its attorney’s fees and costs even from a prior unsuccessful foreclosure.

Click through to learn more about the financial services law firms that specialize in consumer and regulatory issues in default servicing. Editor’s note: This feature originally appeared in the January issue of DS News.

Click through to learn more about the financial services law firms that specialize in consumer and regulatory issues in default servicing. Editor’s note: This feature originally appeared in the January issue of DS News.

The decision was handed down by the Sixth Circuit in the case of Ritzen Group., Inc. v. Jackson Masonry, LLC regarding the “finality” from relief of stay.