A law firm that filed an action to foreclose on a mortgage engaged in “debt collection” subject to the requirements of the Fair Debt Collection Practices Act, the 6th Circuit has ruled in reversing a dismissal.
A husband could recover damages for his former wife’s violation of a “hold harmless” clause in their divorce decree, the Utah Court of Appeals has ruled in reversing judgment.
A mortgage-loan servicer did not violate the Real Estate Settlement Procedures Act by failing to adequately respond to borrowers’ letters challenging the monthly payment due on their loan, the 9th Circuit has ruled in affirming a dismissal.
Kentucky Attorney General Jack Conway today announced that thousands of Kentuckians may receive payment as part of a national mortgage settlement.
WASHINGTON – In an extension of its “Know Before You Owe” mortgage project, the Consumer Financial Protection Bureau has proposed new requirements for mortgage disclosure forms.
WASHINGTON – An alleged “forensic audit” scam has been halted by a U.S. District Court, the Federal Trade Commission has announced.
A bank seeking to proceed with a home foreclosure lacked standing to obtain relief from the automatic stay entered in the homeowner’s bankruptcy case, the 10th Circuit has ruled in reversing judgment.
A mortgage lender did not violate federal consumer protection law when it failed to use the correct notice form for a mortgage refinancing, the 4th Circuit has ruled in affirming a dismissal.
Published: October 18, 2011
Tags: Financial Institutions Reform Recovery and Enforcement Act, foreclosures, MERS, mortgage, Mortgage Electronic Registration Systems
A New York law firm with a high-volume foreclosure practice has agreed to pay $2 million and reform its procedures to settle a federal investigation into allegations that it filed misleading documents in state and federal courts.
WASHINGTON – Legislation unveiled by President Barack Obama in a national address on Sept. 8 includes several provisions aimed specifically at small businesses and homeowners.