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Showdown in the Richmond: The City of Richmond Threatens Eminent Domain on Underwater Loans

BREAKING NEWS: In a contentious 4-3 decision and amid more than 300 community members on both sides of the issue, the City Council for the City of Richmond voted to continue pursuing its eminent domain plan in the early...more

9/13/2013 - Eminent Domain Foreclosure Loans Mortgages Municipalities Takings Underwater Homeowners

Lenders Beware - Oral Statements may Trump Written Agreements

The California Supreme Court recently held that a borrower may rely upon oral promises to support a fraud claim against its lender even when such oral promises contradict the written agreement....more

3/15/2013 - Fraud Integration Clauses Lenders Oral Contracts Parol Evidence Pre-Negotiation Agreements Written Agreements

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