Missouri Lawyers Media Missouri legal news and public notices
A $2.1 billion settlement announced today with mortgage servicing giant Ocwen Financial Corp. could mean $14 million in relief for Missourians. (Updated at 10:30 a.m.)
Tagged with: Chris Koster foreclosures
Read More »Foreclosure cases use Dodd-Frank defense
Lawyers who oppose nonjudicial foreclosure believe they have found a weapon buried within the federal Dodd-Frank Act.
Tagged with: Dodd-Frank Act foreclosures
Read More »Real Property: Foreclosures – Quiet Title Action – Subject Matter Jurisdiction
Murphy v. Aurora Loan Services (MLW No. 64356/Case No. 12-1398 – 8 pages) (U.S. Court of Appeals, 8th Circuit, Gruender, J.)
Tagged with: foreclosures Gruender Quiet Title Action Real Property Subject Matter Jurisdiction
Read More »Suit challenges 600,000 MERS loans
Greg Leyh, an attorney in Gladstone, has filed a potential class action lawsuit against Mortgage Electronic Registration Systems, or MERS, a private company involved in millions of mortgage loans throughout the country.
Tagged with: foreclosures U.S. District Court for the Western District of Missour
Read More »Senate panel in Md. takes up foreclosure bills
An influential Maryland Senate committee heard testimony from homeowners’ and lenders’ attorneys Wednesday on three bills intended to make it easier for borrowers facing foreclosure to discover who owns their loans before it is too late.
Tagged with: foreclosures real estate
Read More »BofA again halts foreclosures in Missouri
Bank of America has once again called off foreclosure sales in Missouri — at least for now.
Tagged with: Bank of America foreclosures
Read More »BofA halts foreclosure sales in 50 states
Bank of America Corp., the nation's largest bank, said Friday it would stop sales of foreclosed homes in all 50 states as it reviews potential flaws in foreclosure documents.
Tagged with: Bank of America foreclosures
Read More »Principal cuts on lender menus as foreclosures rise
Efforts by U.S. banks to help distressed homeowners have focused mainly on temporary fixes such as interest-rate reductions that may only put off the day of reckoning, despite policy makers wanting them to do more. Banks may be forced to ...
Tagged with: foreclosures
Read More »Bankruptcy filings rose 20 percent in November
Bankruptcy filings in the U.S. rose 19.6 percent in November from a year earlier, court records show, as the recession and job cuts pushed more Americans to seek protection from their creditors. Total filings for individuals and companies rose to ...
Tagged with: Bankruptcy foreclosures U.S. Department of Labor
Read More »Region doing better than nation in delinquencies, foreclosures
Fed researchers warn of rising problems with some prime mortgages
Prime mortgage delinquencies and foreclosures are on the rise, but the region served by the Federal Reserve Bank of St. Louis is faring better than the rest of the nation, according to research by the St. Louis Fed.
The researchers' analysis is also available online by clicking here.
Tagged with: foreclosures
Read More »Housing in peril as Obama fails to get breakthrough
Driving through Riverside, Calif., Bruce Norris pointed to a half-dozen empty houses with “For Sale” signs stuck in untended lawns that he said investors might buy if banks would just extend some credit. “People today look at us as the ...
Tagged with: foreclosures
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