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...
UTA will hold a dinner event on Thursday, July 14th in the Dallas market. R. Scott Luttrull, Associate General Counsel, Fannie Mae, and Teresa W. Marianos, Managing Director and Deputy General Counsel, Fannie Mae, will be the speakers. Luttrull will discuss deceased debtors, HECM’s and other Texas issues. Marianos will discuss...
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...
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...
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...
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...
UTA has re-filed an amicus brief in the case of Meyer v. US Bank. Ann T. Marshall, Esq., with Anglin Flewelling Rasmussen Campbell & Trytten LLP (AFRCT) filed the brief on behalf of the association.
January 4, 2016 commenced the second year of the current 2015-2016 two-year session of the California Legislature. Equal to the certainty of death and taxes is the reliability that the Assembly and Senate will introduce a very large number of bills to make all of our lives better.
The Fourth District Court of Appeal, Division One (San Diego) issued the first published post-Yvanova ruling on March 17th. Saterbak v. JPMorgan Chase Bank, N.A held that a borrower bringing a pre-foreclosure suit lacks standing to challenge an assignment. As summarized by UTA Legal Resources Chair, Martin T. McGuinn,...
Twenty-three members attended UTA’s 8th Annual California Lobby ‘Afternoon’ and dinner on Tuesday March 8th. Members met with State Senators and Assemblypersons on the Senate Banking and Financial Institutions Committee and the Assembly Banking & Finance Committee.