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Showing 3 posts in Mortgage Foreclosure.

Court Ruling Gives Junior Lien Holders Reason to be Wary of Property Sales by Receivers

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Appellate court ruling allows receivers to sell property even if proceeds fail to compensate junior lien holders. Continue Reading ›

Tags: Commercial Liability, Commercial Loans, Commercial Real Estate, Mortgage Foreclosure, Real Estate Mortgages, Receiverships

Fair Credit Reporting Act Post-Bankruptcy Claims - One Less Thing to Worry About

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Court rules that bank, which accepted a borrower's voluntary payments post-bankruptcy and opted not to foreclose its security interest in the mortgage, did not violate the FCRA by reporting the loan as closed on the borrower's credit report. Continue Reading ›

Tags: Bankruptcy, Commercial Loans, Fair Credit Reporting Act, Mortgage Foreclosure

IS IT ONE CLAIM OR TWO: In a Guaranty Action, do I Have to Foreclose my Mortgage at the Same Time?

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Appellate court rules on whether lender can sue to enforce other security in a loan default situation without also foreclosing on the borrower's mortgage. Continue Reading ›

Tags: Commercial Liability, Commercial Loans, Mortgage Foreclosure
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