Sentences with phrase «nonjudicial foreclosure»

Nonjudicial foreclosure is the process of selling real property under a power of sale in a mortgage or deed of trust that is in default.

In a high - profile case in Calaveras County, a homeowners association, exercising its right to nonjudicial foreclosure, auctioned off the home of one of its members — for nonpayment of association dues — at well below its appraised value, according to American Homeowners Resource Center, an association watchdog group.

Represented national financial institutions and loan servicers in consumer - initiated cases involving allegations of wrongful nonjudicial foreclosure practices, fraud, unfair business practices and violations of the Fair Debt Collection Practices Act, as well as claims arising out of Retail Installment Sale Contracts.

4 July 21, 2017)(unpublished), borrowers challenged the nonjudicial foreclosure of rental property by alleging, but losing, a claim that lenders / related servicing entities fraudulently induced them to let the loan go into default so that they could profit from the subsequent foreclosure.

In this one, plaintiff borrower sued to primarily enjoin a nonjudicial foreclosure initiated by a lender, contending that the loan had been paid off four years earlier.

Not exact matches

Comments Off on Florida Legislature May Change Florida Law to Take Foreclosure Lawsuits Out of Florida Courtrooms: Move to Make Florida a Nonjudicial Foreclosure State Tags: Broward Real Estate, Florida Law, Florida Real Estate Foreclosures, Foreclosure Lawsuit, Foreclosure Settlement, House foreclosure, Mortgage foreclosure, Mortgage Fraud, Property foreclosure, Wrongful Foreclosure