Loan Modifications, Borrowers | JD Supra Law News

Loan Modification and the Failure to Mitigate Damages

by Anthony Narula, Philip R. Stein | Bilzin Sumberg Mortgage Repurchase Group on 5/20/2013

Freddie Mac has announced the immediate implementation of its Streamlined Modification program, a no-document modification program offered to severely delinquent borrowers. The implementation of the program, originally set to...more

Lenders Beware -- California decision may ignite next wave of lender liability litigation

by Reed Mercado | Sheppard Mullin Richter & Hampton LLP on 3/15/2013

In a recent decision from the California Court of Appeals entitled Jolley v. Chase Home Finance, LLC, the Court severely curtailed lenders’ ability to dispose of lender liability claims on summary judgment, thereby adopting a...more

House Democrats Urge President Obama To Nominate FHFA Director

by BuckleySandler LLP on 2/19/2013

On February 7, 45 Democratic Members of the House of Representatives sent a letter to President Obama requesting he nominate a permanent director for the FHFA to replace Acting Director Edward DeMarco. ...more

"I Knew You Were Trouble": Recent Trends in Lender Liability Litigation

by Timothy Lupinacci | Baker, Donelson, Bearman, Caldwell &... on 2/15/2013

Lender liability claims generally arise in one of following contexts: (i) claims seeking recovery of damage or "leverage" to accept discounted payoffs; (ii) counterclaims to foreclosure/receivership/guarantor actions; or...more

"Qualified Written Request" Under RESPA – No "Magic" Words, But the Right Questions Must be Asked

by Patrick Wong | Foley & Lardner LLP on 2/5/2013

For the first time, the federal Court of Appeals for the Ninth Circuit recently opined on what constitutes a “qualified written request” under the Real Estate Settlement Procedures Act (RESPA), 12 U.S.C. Section 2605(e), in...more

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Loan Modifications › Borrowers

Loan Modification and the Failure to Mitigate Damages

Lenders Beware -- California decision may ignite next wave of lender liability litigation

House Democrats Urge President Obama To Nominate FHFA Director

"I Knew You Were Trouble": Recent Trends in Lender Liability Litigation

"Qualified Written Request" Under RESPA – No "Magic" Words, But the Right Questions Must be Asked

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