HERO/PACE Assessments Detailed at UTA Conference

Phillip M. Adleson, Esq. (Adleson, Hess & Kelly), Elizabeth Knight (PLM Lender Services), and Martin T. McGuinn, Esq., (Kirby & McGuinn) will lead a session entitled, ‘Keeping PACE’ that will focus on PACE (Property Assessed Clean Energy) or HERO (Home Energy Renovation Opportunity) loans that are ramping up and will...

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Fannie Clarifies Foreclosure Related Title Costs Policy and Requirements

  Fannie Mae has updated its Servicing Guide to clarify Fannie’s policy and requirements around foreclosure related title costs.  (Servicing Guide Announcement SVC-2016-05) Effective September 1, 2016, Fannie Mae will not reimburse the servicer for title costs that exceed the maximum title allowable cost, for the life of default, unless...

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With CFPB Regulations Looming, California Looks To Jump The Gun And Implement Its Own Regulations For Working With Successors To A Deceased Borrower

By T. Robert Finlay, Esq., Wright, Finlay & Zak, LLPDespite the Consumer Finance Protection Bureau’s (CFPB) promise to issue guidelines this summer, directing loan servicers on how to work with successors to a deceased borrower, the California Legislature moves forward with its effort to duplicate and undoubtedly confuse servicer’s efforts...

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Changes To The Funding For The Foreclosure Fairness Act in Washington State

By Holly Chisa, HPC Advocacy, UTA Washington State Lobbyist Washington state did little with the Foreclosure Fairness Act (FFA) this session, or with the Deed of Trust Act as a whole.  The only significant change was the funding source for the FFA.  Under previous statutes, certain beneficiaries were required to...

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UTA To File Amicus Brief in Linza v. PHH

UTA will file a brief as part of a coalition effort in the case of Linza v PHH. The brief will be prepared by Jonathan D. Fink, Esq., Wright, Finlay & Zak. The claims the borrower is making against the lender include: – A servicer’s and trustee’s prolonged threat of...

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San Diego Dinner Explores Impact of Daniels Case on Trustees

UTA’s dinner event held June 9th in San Diego addressed the post Daniels case impact on trustees.  The session was led by Genail Anderson, Esq., Aldridge Pite, LLP; Andrew Boylan, Esq., McCarthy Holthus, LLP; and Martin T. McGuinn, Esq., Kirby & McGuinn. The speakers addressed what steps a successor trustee...

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Seven New Members Welcomed to UTA

Please join us in welcoming the following six new members. -Mike Aleali, Zieve, Brodnax & Steele, Irvine, CA -Denisse De Los Reyes, ServiceLink, Irvine, CA -Sherry Moore, Zieve, Brodnax & Steele, Las Vegas, NV -Marisol Nagata, Trustee Corps, Irvine, CA -Robert W. Norman, Houser, Long Beach, CA -Miriam Paez, ServiceLink...

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California Lobby Day and Dinner Is March 8th

UTA will hold its 8th Annual California Lobby ‘Afternoon’ on Tuesday March 8th. Members will meet with State Assemblyman and Senators after a briefing provides them with talking points from UTA’s California lobbyist, Mike Belote. Appointments will be scheduled by UTA. A dinner event will be held that same evening...

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California Lobby Day and Dinner Is March 8th

UTA will hold its 8th Annual California Lobby ‘Afternoon’ on Tuesday March 8th. Members will meet with State Assemblyman and Senators after a briefing provides them with talking points from UTA’s California lobbyist, Mike Belote. Appointments will be scheduled by UTA. A dinner event will be held that same evening...

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Washington State Update

Washington State has started its legislative session, and the foreclosure community continues to negotiate on legislation. We are expected to work for 60 days.

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