The dispute between lenders and the purchasers at homeowners’ association foreclosure sale regarding superiority of title has embroiled the State of Nevada since at least as early as 2012. Since the issue rose in volume and...more
11/11/2016
/ Appeals ,
Banking Sector ,
Due Process ,
En Banc Review ,
Foreclosure ,
Fourteenth Amendment ,
Homeowners Association (HOA) ,
Liens ,
Mortgages ,
Superiority Claims ,
Wells Fargo
We have reported before on a decision last fall from Nevada’s Supreme Court holding that a homeowners association (HOA) lien is a true super-priority lien that, if foreclosed upon, extinguishes a first deed of trust. Lenders...more