September 23, 2009
MORTGAGE ELECTRONIC REGISTRATION SYSTEM, INC., APPELLANT, VS. SOUTHWEST HOMES OF ARKANSAS, APPELLEE
No. 08-1299
SUPREME COURT OF ARKANSAS
2009 Ark. LEXIS 121
March 19, 2009, Opinion Delivered
NOTICE:
THE LEXIS PAGINATION OF THIS DOCUMENT IS SUBJECT TO CHANGE PENDING RELEASE OF THE FINAL PUBLISHED VERSION.
SUBSEQUENT HISTORY: Rehearing denied by Mortgage Elec. Registration Sys. [...]
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September 22, 2009
Analysts say it will take more than 10 years to recapture peak home prices
By John Spence, MarketWatch
BOSTON (MarketWatch) — Moody’s Investors Service threw cold water on optimistic projections of a V-shaped recovery in the battered U.S. housing market, predicting it could take more than 10 years to get back to boom-level prices.
“For many [...]
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September 17, 2009
September 17, 2009
The Supreme Court of Kansas has issued a landmark decision which, although decided on a narrow legal issue involving a request by MERS and Sovereign Bank to set aside a default and intervene in a foreclosure action, essentially invalidates all MERS assignments based on the Court’s finding that MERS never had any [...]
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September 11, 2009
September 11, 2009
While in California on a foreclosure defense case about 3 weeks ago, I read a front-page article in one of the daily newspapers alerting readers that the reason why “lenders” and “servicers” are not inclined to grant loan modifications is that they and their affiliates are making more money on foreclosures. The [...]
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September 11, 2009
September 10, 2009
We previously advised about a situation in a judicial foreclosure where the attorney for the foreclosing party offered what was represented by that attorney to be an “original promissory note” at a summary judgment hearing. When the Judge asked that it be shown to the borrower, the borrower pulled out her driver’s [...]
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September 11, 2009
September 10, 2009
FDN is experiencing a recent wave of inquiries requesting assistance with what we have decided to term the “end-run”, or “sneak”, foreclosure. This is a situation where a borrower who is being threatened with foreclosure is contacted, usually by the servicing entity, with a request as to whether the borrower would like [...]
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