UTA Files Brief in Case Involving Right to Ownership
UTA will be filing an amicus brief in the case of Yvanova v. New Century. The case involves a borrower who lacks standing to pursue a quiet title claim without first tendering amount on her loan.
UTA will be filing an amicus brief in the case of Yvanova v. New Century. The case involves a borrower who lacks standing to pursue a quiet title claim without first tendering amount on her loan.
The Nevada Supreme Court (4-3 vote, SFR Investments Pool 1 LLC v. U.S. Bank, N.A.) has ruled that a nonjudicial foreclosure sale of an HOA lien extinguishes a first deed of trust. HOAs can foreclose on homes ahead of first-mortgage providers. This puts thousands of first liens at risk.
UTA has requested that the California Court of Appeals grant a review in the recently published decision Nativi v. Deutsche Bank.
Contra Costa County Superior Court Presiding Judge, Barry Goode has extended the drop-dead date for trustees’ sales at the Contra Costa County Courthouse Grounds to June 2, 2014.
UTA has contacted Presiding Judge Barry Goode of the Contra Costa County California Superior Court to address the court’s prohibition of nonjudicial sales at the courthouse.
The Los Angeles Times reports that a former Fannie Mae specialist in foreclosures was recently sentenced to 15 months in prison for soliciting kickbacks from a real estate broker.
On behalf of the United Trustees Association, Ann Marshall, Esq., of Bishop, Marshall & Wiebel, has filed an amicus brief in the case of Meyer v U.S. Bank.
Wright Finlay & Zak is seeing a recent influx of “direct deeding” issues with REO sales in GSE foreclosures in Nevada -- yet direct deeding itself is arguably unlawful in the state since October 2011...
An article in The San Francisco Chronicle headlined ‘How Deft Bid-Riggers Harmed Ex-Owners of Foreclosed Homes’, noted that the FBI has investigated bid-rigging at foreclosure auctions – whereby bidders collude with other bidders to suppress the sale prices of foreclosed properties and then hold private illegal secondary auctions where they...