In R.E. Loans LLC v. Investors Warranty of America, Inc. (2013) 212 Cal.App.4th 1432, the court of appeal decided that a subordination agreement was enforceable even though the new deed of trust (“subordinating loan”) to...more
4/11/2013 - Deed of Trust Default Foreclosure Loans Subordination Subordination Agreement
California courts have to date been reluctant to inject themselves into the comprehensive nonjudicial foreclosure scheme enacted by the Legislature at Civil Code section 2924 et seq....more
1/21/2013 - Borrowers Countrywide FHA HUD Interviews Loans Mortgages Non-Judicial Foreclosures
In this recent Court of Appeal opinion, an issue of first impression in California was addressed: That is, can a borrower seek to set aside a nonjudicial foreclosure under a deed of trust which initially failed to identify a...more
1/15/2013 - BAC Home Loan Servicing Deed of Trust Foreclosure Mortgages Non-Judicial Foreclosures Trustees
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