Mortgage foreclosure is ‘debt collection’ under FDCPA 
Published: January 17, 2013
Tags: debt collection, Fair Debt Collection Practices Act, FDCPA, foreclosure, mortgage
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.
‘Hold harmless’ clause in divorce decree enforceable
Published: January 10, 2013
Tags: divorce, hold harmless clause, mortgage
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.
Mortgage-loan servicer didn’t violate RESPA
Published: December 13, 2012
Tags: mortgage, Real Estate Settlement Procedures Act, RESPA
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.
Residents who lost homes may be eligible for settlement
Published: September 20, 2012
Tags: foreclosure, Kentucky, mortgage
Kentucky Attorney General Jack Conway today announced that thousands of Kentuckians may receive payment as part of a national mortgage settlement.
CFPB proposes new mortgage disclosures rules
Published: July 24, 2012
Tags: Consumer Financial Protection Bureau, mortgage
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.
FTC: Alleged ‘forensic audit’ scam stopped
Published: June 22, 2012
Tags: FTC, mortgage, Mortgage Assistance Relief and Services Rule
WASHINGTON – An alleged “forensic audit” scam has been halted by a U.S. District Court, the Federal Trade Commission has announced.
Foreclosing bank can’t set aside bankruptcy stay
Published: February 3, 2012
Tags: automatic stay, CHAPTER 13, foreclosure, mortgage
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.
Lender that used wrong form didn’t violate TILA
Published: December 19, 2011
Tags: mortgage, Regulation Z, Truth in Lending Act
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.
Foreclosure firm agrees to reform practices, pay $2M
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.
President’s job plan focuses provisions on small businesses
Published: September 9, 2011
Tags: American Jobs Act, Congress, income tax, mortgage, President Obama
WASHINGTON – Legislation unveiled by President Barack Obama in a national address on Sept. 8 includes several provisions aimed specifically at small businesses and homeowners.
