As everyone steps away from their (home) office to celebrate Thanksgiving, we wanted to count our blessings as we review this truly remarkable and unusual year. In addition to frontline healthcare workers, good WI-FI, food...more
11/30/2020
/ CARES Act ,
Chapter 13 ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Electronic Notarization Standard ,
Eviction ,
Executive Orders ,
Fair Housing Act (FHA) ,
FDCPA ,
FDIC ,
Federal Student Loans ,
Flood Insurance ,
Forbearance Agreements ,
Foreclosure ,
HUD ,
Interim Final Rules (IFR) ,
Libor ,
Moratorium ,
OCC ,
Popular
In the first part of the series “The Mortgage Servicer’s Role in Navigating Insurance Claims,” we covered assessing the damage in the wake of a natural disaster and applying the proceeds when complying with the terms of...more
The Government-Sponsored Enterprises (GSEs) and their servicers scored a significant victory last week in the Nevada Supreme Court. In Nationstar Mortgage, LLC v. SFR Investments Pool 1, LLC (Case No. 69400), the court held...more
7/10/2017
/ Article III ,
Fannie Mae ,
Financial Services Industry ,
Foreclosure ,
Freddie Mac ,
GSE ,
HERA ,
Homeowners Association (HOA) ,
Mortgage Servicers ,
Mortgages ,
Nationstar ,
NV Supreme Court ,
Preemption ,
Standing
In September 2014, the Nevada Supreme Court, in SFR Investments Pool 1, LLC v. U.S. Bank, N.A., held that a portion of a homeowners’ association (HOA) lien for delinquent assessments has true super-priority status over a...more
In an effort to “avoid the cost and burden of piecemeal litigation” of hundreds of cases in the Nevada HOA foreclosure crisis, the Federal Housing Finance Agency (FHFA), Fannie Mae, and Freddie Mac (collectively,...more
10/14/2015
/ Action to Quiet Title ,
Declaratory Judgments ,
Defensive Class ,
Enterprise Liens ,
Fannie Mae ,
FHFA ,
Foreclosure ,
Foreclosure Sales ,
Freddie Mac ,
HERA ,
Homeowners Association (HOA) ,
Permanent Injunctions ,
Preemption ,
Putative Class Actions
The Nevada Supreme Court recently reversed – or at least clarified – the impact of MERS in Nevada under the approach set forth in the Restatement (Third) of Property: Mortgages. The Supreme Court had held in 2012 that at the...more
9/10/2015
/ Bank Notes ,
Bank of New York (BNY) Mellon ,
Beneficiaries ,
Consumer Lenders ,
Deed of Trust ,
Deutsche Bank ,
Financial Institutions ,
Foreclosure ,
MERS ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
NV Supreme Court ,
SCOTUS ,
Trusts