In Re: Walker, Case No. 10-21656-E-11 – Eastern District of CA bankruptcy court rules mers has NO actionable interest in title. “Any attempt to transfer the beneficial interest of a trust deed without ownership of the underlying note is void under California law.” “MERS could not, as a matter of law, have transferred the note to Citibank from the original lender, Bayrock Mortgage Corp.”
Nationstar closes on $16 billion in Aurora servicing MedMen-Seeded Cannabis REIT Raises Nearly $16 Million in Debt. – Now, to fuel its growth, Treehouse Real Estate Investment Trust, Inc. closed on nearly $16 million in debt financing from a large, federally insured and regulated commercial bank. The commitment carries a 5.6% interest rate and provides for a revolving facility for future notes as treehouse continues acquiring cannabis-use properties.
San Diego Gas & Electric is taking its fight to have ratepayers shoulder $379 million in costs related to 2007’s deadly wildfires to the California Supreme. single justice can rule against a.
When the Bankruptcy Rules, the FRCivP and the Civil L.R. are silent as to a particular matter of practice on an appeal to the District Court from the Bankruptcy Court, the assigned District Judge may apply the Rules of the United States Court of Appeals for the Ninth Circuit, the FRAppP, and the Rules of the United States Bankruptcy Appellate Panel of the Ninth Circuit.
NY Establishes Loss Mitigation, Fair Dealing Duties for Mortgage Servicers New York Mortgage Modifications – Orange County Foreclosures – In addition, Bankruptcy Judges in the Southern District of New York oversee a bankruptcy court-sponsored loss mitigation program to permit debtors and creditors to attempt to work out a mortgage default with greater transparency and accountability than is often available through mortgage industry loss mitigation programs outside of bankruptcy.
· But, MERS is not the owner of your mortgage, of course, and now a bankruptcy court judge in the Eastern District of California has officially said that he agrees. MERS is a relatively new development in the mortgage world, and as the foreclosure crisis began the courts pretty much let them do whatever they wanted to do, as the party in interest in a foreclosure action.
Fed lays out rules for banks to rent REOs st. joe company, former execs settle with SEC over alleged real estate overvaluing This is the real estate and foreclosure news round up from The Norris Group for Wednesday, October 28th, 2015. Training Portal . Training Portal. Apply for a Hard Money Loan Now!. Appreciation on Condos Greater Than That of single-family homes .fhfa reaches 0 million RMBS settlement with Barclays $280 million will be paid out by Goldman pursuant to an agreement separately negotiated with the state of New York. The settlement includes. conduct in connection with RMBS, with the support of the.”When I owe money to the bank, the bank doesn’t come. “We are just fed up. We just want them out.” The issues with Willis appear to have extended far beyond the rent, however. Jason Evans, who has.
SAN FRANCISCO (AP) – Faced with potentially ruinous lawsuits over California’s recent wildfires. Riddle attended the first court hearing on PG&E’s bankruptcy Tuesday. Judge Dennis Montali did not.
Past Local Rules. The following General Orders remain in effect for the Bankruptcy Court in the Eastern District of California. The following General Orders adopted Local Bankruptcy Rules or amended those rules. They are of historical importance in that they enact, amend, or rescind local rules.
More buyers means happier builders Utah bridges rank among safest in nation – “If the public does see something like that, reach out to UDOT, and we will be more than happy to go out there. Even when we say poor condition’ that doesn’t mean unsafe. It’s still very safe to.
Fontenot case from California Court of Appeals validates MERS role in the foreclosure process and makes it tougher to challenge wrongful foreclosure Uncategorized Jan 23 Feb 15 admin Well we have been talking aboutwrongful foreclosure, the role of MERS and irregularities in the foreclosure process for years now.