Sentences with phrase «wrongful foreclosure»
"Wrongful foreclosure" refers to the situation where a house or property is taken away by a bank or lender through foreclosure in an unfair or illegal manner. It means that the foreclosure process was mistakenly or unlawfully conducted, often causing harm or injustice to the homeowner. Full definition
So just how widespread are instances of wrongful foreclosure and could you become a victim?
loanbiz.com
Some homeowners in wrongful foreclosure cases are attempting to fight back by filing lawsuits against mortgage lenders.
Recently I've discussed the many lawsuits that borrowers are bringing against lenders for alleged wrongful foreclosures.
Wrongful foreclosures happen when the Servicer violates federal regulations, consumer protections, and State Laws.
Defeated a class certification action against law firms and major mortgage lenders for allegedly wrongful foreclosures that would have involved over 9,000 foreclosures and tens of millions of dollars in exposure.
The woman, Angela Iannelli, 46, insists that her mortgage was up to date when the alleged wrongful foreclosure took place.
In addition, her suit alleges unfair business practices, defamation, libel and various other offenses that took place during the course of the October wrongful foreclosure and its aftermath.
Title defects have become a major cause for concern within the real estate market in recent years, «which some feel cause wrongful foreclosures and others feel contribute to stagnation of what would otherwise be a smooth transition of assets within the secondary market,» according to executives at Nationwide Title Clearing Inc..
Ethics code requires Florida lawyers to report any suspicious or wrongful foreclosure activity.
Cases of wrongful foreclosure are on the increase, according to a USA Today article.
Wrongful foreclosures happen when the Servicer violates federal regulations, consumer protections, and State Laws.
Mr. Heffernan defeated a class certification in a putative class action against law firms and major mortgage lenders for allegedly wrongful foreclosures, which protected clients from tens of millions of dollars in potential exposure for more than 9,000 foreclosures.
Apparently having good credit and making mortgage payments on time is no guarantee that you won't become the victim of a wrongful foreclosure.
Basically, if the Servicer refuses to let you exercise your rights, violates your rights, fails to inform you of programs available to correct the default, or makes a false assertion such as the Borrower doesn't occupy the property when they do, accelerates foreclosure - this constitutes a wrongful foreclosure.
Financial Freedom, the Servicer filed a wrongful foreclosure claiming my mom didn't live in the house - ignoring the occupancy certificates sent in, the representative they sent to our door who verified she lived there, our letters and those of our attorney stating she occupied the property as her primary residence at all times.
Stefan defends mortgage banking clients in connection with various mortgagor claims, including claims for fraud, wrongful foreclosure and violations of RESPA, TILA and the FDCPA.
A federal judge has vacated a punitive damages award against Bank of America that gave $ 20 million to the University of California's five law schools in a wrongful foreclosure case.
After her wrongful foreclosure, Ms. Iannelli contacted the bank; who initially denied knowing anything about the events.
A woman in Pittsburgh is filing a lawsuit against Bank of America after the bank seized her house in a wrongful foreclosure.
In addition, James provides insightful guidance on matters pertaining to the enforcement of commercial security rights, wrongful foreclosures, construction, and asset acquisition disputes; as well commercial insurance coverage and bad faith disputes.
Real Estate litigation including litigation involving partition, easements, wrongful foreclosure, property interests
Obtaining summary judgment and dismissal of wrongful foreclosure and consumer protection act claims against a residential mortgage lender and argument before the Court of Appeals.
Mr. Moreno has successfully represented clients in claims involving breach of contract, unfair business practices, false advertising, fraud, breach of fiduciary duty, negligence, wrongful foreclosure, unfair debt collection, unfair credit reporting, unjust enrichment, misappropriation of trade secrets, quiet title, emotional distress, and receiverships, among others.
Mr. Goldstein's practice involves defending lenders, brokers and servicers in court (negligence, fraud, TILA, RESPA, HBOR, wrongful foreclosure, lender / servicer liability defense, etc.).
Because the plaintiffs failed to comply with § 15's requirement to record their amended complaint within one year of the effective date of the act, Dec. 31, 2016, the judge concluded that their wrongful foreclosure claims were barred.
Our Mortgage Lending Practice Group has considerable experience handling Federal and multistate compliance and licensing, litigation (both individual and class action defense), mortgage fraud, labor and employment, corporate and securities, business counseling, as well as default servicing (bankruptcy; loss mitigation; wrongful foreclosure).
I also established an externship in the United States Bankruptcy Court for the District of Montana and briefed and argued a wrongful foreclosure pro se appeal to the Ninth Circuit Court of Appeals.
What's a wrongful foreclosure and are you the victim of one?
Sciaratta then sued for wrongful foreclosure and won in this decisive ruling from the Court of Appeals.
In the past, the attorney has talked to the media about his unconventional approach of fighting what he feels is wrongful foreclosures.
The couple has faced a more than yearlong battle with the bank in trying to resolve a wrongful foreclosure stemming from 2009.