by Justin Hectus | Mar 14, 2019 | Homepage News, Mortgage Banking News
Hardie v. Nationstar Mortgage LLC is a significant decision out of the Fifth District Court of Appeal holding that a plaintiff/borrower may obtain attorney’s fees under CC 2294.12(h) after prevailing at a TRO hearing. It relies heavily upon the Third District’s prior...
by commune | Aug 14, 2018 | Mortgage Banking News, Other News, Securities
Yesterday (August 13, 2018) the California Supreme Court held in De La Torre et al. v. CashCall that consumer loans exceeding $2,500 made by California licensed lenders may be unconscionable because of high interest rates. Before yesterday’s decision, the prevailing...
by commune | Feb 7, 2017 | Mortgage Banking News, Other News
California’s Third District Court of Appeal just published a decision that is best described as a lender-friendly primer on the documentary aspects of the state’s statutory non-judicial foreclosure process. Though not making any novel holdings, the panel in Kalnoki...
by commune | Jul 15, 2012 | Mortgage Banking News, Other News
Summary of Decision: In a recent decision, the California Court of Appeals, Sixth Appellate District held that the trial court improperly took judicial notice of U.S. Bank, N.A.’s (“USB”) recorded Declaration of Compliance with California Civil Code...
by commune | Sep 16, 2011 | Mortgage Banking News, Other News
On September 13, 2011, California’s 2nd District Court of Appeal issued an important ruling in Calvo v. HSBC Bank USA, N.A. The case focused on California Civil Code section 2932.5, which requires the assignee of a mortgagee to record an assignment before...
