Federal Judge Rules: MERS Mortgage Transfers are Illegal. MERS and the banks screwed up big time, and there is no "do over" – there is no valid lien on the property, so owners have got their homes free and clear. There have been numerous court rulings against MERS – including decisions made by state supreme courts.
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Goldman Sachs legal costs could lift amid mortgage investigations Strategic defaulters opt to continue paying on second liens An idea for how to deal with second liens – blogs.reuters.com – An idea for how to deal with second liens. By Felix Salmon.. the banks are quite happy when homeowners default on their mortgage – that frees up cashflow to continue paying the second-lien loan.
Will the Oregon. The Niday decision is currently the highest state ruling on these matters. Unless and until the Oregon Supreme Court holds differently, Oregon Circuit Courts must follow the rules announced in Niday. Federal courts are not required to follow Niday,
Major Oregon Supreme Court ruling undermines MERS, but leaves registry room to challenge RealtyTrac: 20% of foreclosures remain vacant after owner departs RealtyTrac released its Q3 2015 US Zombie Foreclosure and vacant property report, which shows 20,050 US residential properties in the foreclosure process – but not yet repossessed by the foreclosing lender – were vacant "zombie" homes as of the end of the third quarter of 2015, down 27% from the previous quarter and down 43% from a.
Mortgage applications shoot up 14.8% Mortgage refinances may drop 77% by 2012 Economist Reports the Housing Market Double Dip is Beginning ally financial denies foreclosure moratorium HUD reports similar findings at other major mortgage servicers, including wells fargo, JPMorgan Chase, Citigroup and Ally Financial (formerly GMAC. resulting in a nationwide moratorium on all.The U.S. housing market has reached another ignominious milestone. Sinking in a flood of supply and short on job growth to fuel demand, figures Tuesday showed prices have double-dipped, sliding.Bank of America halts foreclosures in all states Bank of America will halt foreclosures in the 23 states where court approval is needed and amend affidavits “to be certain affidavits have followed the correct procedures,” Rick Simon, a spokesman for. · This two-month mortgage rate forecast and mortgage market forecast is part of the HSH.com MarketTrends newsletter, published every week by HSH Associates. HSH.com is a leading consumer site for mortgage information.CNBC’s Diana Olick reports the latest data on mortgage applications as interest rates rise.. Mortgages applications up 4.1% for the week. cnbc. 17 january 2018.What a Trump administration means for real estate DocuTech integrates with Blend’s digital platform Young Hun Kim, CEO of PhiNetworks, is excited to deliver this groundbreaking technology to the wgt game platform stating. Mr. kim adds, "The Phigolf integration with WGT is what we think.The Swamp Isn’t Drained. The Trumpists Are Just an Invasive Species. – the real estate firm owned by the family of president donald trump’s son-in-law Jared Kushner. Meanwhile, over at the Department of Labor, "divesting" doesn’t mean what it used to mean. From the.
Major Appeals Court Decision Leaves Oregon’s Residential Real Estate Market in Limbo By Thomas Hillier on August 24th, 2012 Posted in Real Estate In a ruling the Oregon Supreme Court will soon review, the Oregon Court of Appeals on July 18 issued a major decision.
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To the extreme, the tennessee supreme court, in the Ditto decision, gutted the MERS business model like a chicken: MERS v DITTO_TN Supreme Court rules against MERS! You can bet that MERS’s PR machine will glorify itself with another "win" over this, just another way to promote its business model to its members, that such a model can even sustain a denial of a Writ to the Supreme Court!