Last week, the U.S. Court of Appeals for the Ninth Circuit issued a significant decision in favor of lenders and mortgage servicers fighting off claims that their mortgage liens were extinguished by Nevada homeowners...more
8/28/2017
/ Banking Sector ,
Fannie Mae ,
Financial Services Industry ,
Foreclosure ,
Freddie Mac ,
HERA ,
Homeowners Association (HOA) ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
Perfected Security Interest ,
Preemption
Background of Notice versus Lawsuit Issue -
The Truth in Lending Act (“TILA”), as implemented by Regulation Z, provides borrowers with a powerful tool: the right to rescind certain mortgage loan transactions. This...more
1/22/2015
/ Bank of America ,
Countrywide ,
Jesinoski v Countrywide ,
Mortgage Lenders ,
Mortgages ,
Regulation Z ,
Rescission ,
SCOTUS ,
Statute of Limitations ,
Truth in Lending Act (TILA) ,
Written Notice