Court Holds Television Programming Is Included. Matter of Meredith Corporation v. Tax Appeals Trib., NY Slip Op. 7909 (3d dep’t, Nov. 21, 2012). Please see full issue below for more information..
· New York Courts Split in Authority. The issue of standing has been at the center of hundreds of contested residential mortgage foreclosure actions. Despite the volume of mortgage foreclosure actions in which the plaintiff’s standing has been a central issue, the New York State Court of Appeals avoided weighing until June 11, 2015,
Deed/Acknowledgment Trumps Parties Clause/Intent of Grantor: Owner, an individual, transferred property. POA/Conveyance by Agent to Self/Will/Executor vs. Agent/Bank of America/Encumbrancer for.
RMBS investors slowly gain steam in marketplace But that is slowly changing. The prospect of a copper boom in the. is starting to draw major institutional investors. Industry analysts recommend investors buy shares of companies building new U.S..
As fha mortgage volume increases From 2009, Serious Delinquencies Spike The delinquency rate for mortgage loans on residential properties increased to 14% of all loans outstanding in the first three months of the year, according to the Mortgage Bankers Association (mba).. mortgage rates plummet to new lows Freddie Mac: How to avoid mortgage fraud Private capital filling in where banks won’t.
S&P settles with SEC for $58 million over bond ratings fraud Ex-S&P executive goes on trial before SEC over mortgage bond ratings.. that she engaged in a fraud that inflated ratings of commercial mortgage-backed securities.. announced a $77 million.
· NY appellate court scrutinizes the mers standing issue. The court goes on to say MERS later assigned the first mortgage with the underlying note and then made successive mortgage assignments. "While, in some circumstances, the assignment of a note may effect the transfer of the mortgage as an inseparable incident of the debt,
· NY Appellate Court Has Critical Words For MERS In Recent Ruling; Could Be Sign Of Things To Come For Foreclosure Actions In Empire State. Housing Wire reports: A decision by New York’s 2nd Appellate Division may not have a direct impact on the issue of when Mortgage Electronic Registration Systems has standing in foreclosure cases,
Fairway Independent Mortgage training agents to help military veterans Mortgage Servicing Assistance – VA Home Loans – The Consumer Financial Protection Bureau and VA are issuing their first, ‘Warning Order’, to service members and Veterans with VA home loans. If you have a VA home loan, then there is a good chance that you have already come into contact with unsolicited offers to refinance your mortgage that appear official and may sound too good to be true.
Foreclosure note enough for trustee standing: Florida appellate court .. where three courts have reached differing opinions on the issue of whether a. NY appellate court scrutinizes the MERS.
2018 HW Insiders: Adam Krause Mortgage industry fares well in fiscal cliff deal, debt forgiveness law survives Moody’s Says US May Wind Down Fannie, Freddie Federal Incentives Coming for Short Sales, Deeds-in-Lieu HAFA SM sets out an important simplified industry standard for the complex process of a short sale or deed-in-lieu of foreclosure. These foreclosure alternatives have better outcomes than foreclosures for borrowers, neighborhoods and communities, and investors.Wells Sees 60-70% Loss Severity in Option-ARMs A new wells fargo report projects big losses due to ALT-A and Option ARM recasts. Congress doubts that Treasury Department’s $50 billion loan-modification program will help 3-4 million foreclosures. The OC Register reports the smallest home-price loss in two years.Calabria says new legislation is not needed to get Fannie and Freddie out of conservatorship. Calabria will work with Treasury later this year to help Fannie and Freddie raise new money so that FHFA can eventually declare them adequately capitalized. Upon Fannie and Freddie becoming capitalized, conservatorship will end.31. The fiscal cliff deal extends it for another year, meaning homeowners who experience a debt reduction through mortgage principal forgiveness or a short sale are exempt from being taxed on the forgiven amount. "The amount extends up to $2 million of debt forgiven on the homeowner’s.