REAL PROPERTY UPDATE -
- Ad Valorem Taxation: lessee holding 99-year leasehold interest in unimproved land owned by government entity is not “equitable owner” and thus not liable for ad valorem property taxes pursuant to...more
3/30/2016
/ Ad Valorem Tax ,
Deutsche Bank ,
E&O Insurance ,
Fidelity National Title Insurance Company ,
Foreclosure ,
Insurance Industry ,
JPMorgan Chase ,
Mortgages ,
Property Tax ,
Residential Real Estate Market ,
Statute of Limitations ,
Title Insurance
REAL PROPERTY UPDATE -
- Foreclosure/Standing: substitute plaintiff failed to establish standing to enforce note and fact that original plaintiff had filed original note endorsed in blank before assignment did not...more
3/24/2016
/ Article III ,
Attorney's Fees ,
Banking Sector ,
Deeds ,
Deficiency Judgments ,
Fidelity National Title Insurance Company ,
Foreclosure ,
Homestead Exemption ,
JPMorgan Chase ,
Mortgages ,
Residential Real Estate Market ,
Standing ,
Title Insurance ,
Wells Fargo
REAL PROPERTY UPDATE -
- Foreclosure/Standing: although bank established it had possession of note prior to commencement of action, bank did not demonstrate when blank endorsement was placed on note, nor did it prove it...more
10/20/2015
/ Attorney's Fees ,
Bank of New York (BNY) Mellon ,
Banking Sector ,
Banks ,
Breach of Contract ,
Compliance ,
Condominiums ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Department of Transportation (DOT) ,
Eminent Domain ,
Estate Claims ,
Financial Institutions ,
First American Title Insurance Co. ,
Foreclosure ,
Homeowners ,
Insurance Industry ,
JPMorgan Chase ,
Kickbacks ,
Mortgages ,
Referral Fees ,
Residential Real Estate Market ,
RESPA ,
Service Agreements ,
Standing ,
Statute of Limitations ,
Summary Judgment ,
Title Insurance ,
Wells Fargo
REAL PROPERTY UPDATE -
Certiorari; discovery: Certiorari review was not available to an owner of property seeking review of a trial court’s order denying his discovery requests, where the order did not completely...more
10/13/2015
/ Appeals ,
Bank of New York (BNY) Mellon ,
Banking Sector ,
Certiorari ,
Closing Protection Letters ,
Deficiency Judgments ,
Discovery ,
Financial Institutions ,
Foreclosure ,
Insurance Industry ,
Mortgages ,
Property Owners ,
Residential Real Estate Market ,
Subject Matter Jurisdiction ,
Title Insurance
REAL PROPERTY UPDATE -
- Foreclosure/Standing: owner, who took title to property after lis pendens was recorded and who did not appeal denial of motion to intervene, did not have standing to appeal judgment of...more
10/8/2015
/ Financial Institutions ,
Foreclosure ,
Insurance Industry ,
Inverse Condemnation ,
Mortgages ,
Motion To Intervene ,
Prejudice ,
Residential Real Estate Market ,
Standing ,
Statute of Limitations ,
Takings Clause ,
Title Insurance
REAL PROPERTY UPDATE -
Foreclosure/Standing: plaintiff failed to meet the requirement of pre-suit ownership for standing where, although assignment contained a purported effective date before complaint was filed, it was...more
REAL PROPERTY UPDATE -
Default Judgment/Voidable: because default judgment was merely voidable, rather than void, where complaint upon which judgment was based failed to state a cause of action, Rule 1.540(b) was not...more
9/25/2015
/ Bank of New York (BNY) Mellon ,
Condominiums ,
Credit Bids ,
Default Judgment ,
FDIC ,
Financial Institutions ,
Foreclosure ,
Insurance Industry ,
Lenders ,
Residential Real Estate Market ,
Summary Judgment ,
Title Insurance
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS -
Title Insurance Task Force Conference Call: In advance of the upcoming Summer National Meeting in Chicago, the Title Insurance Task Force (“Task Force”) held a conference...more
8/14/2015
/ Affiliated-Business Arrangements ,
Closing Documents ,
Consumer Financial Protection Bureau (CFPB) ,
Disclosure Requirements ,
Escrow Holders ,
Financial Institutions ,
Insurance Industry ,
Mortgage Servicers ,
NAIC ,
Proposed Regulation ,
Residential Real Estate Market ,
Title Insurance