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KYL Preserves Win on Appeal

KYL Preserves Win on Appeal

by Marjorie Hall | Dec 11, 2019 | Homepage News, Mortgage Banking News

On behalf of a major financial institution, KYL attorneys Melanie Ronen and Valerie Holder prevailed on a Motion for Summary Judgment in an action filed in the U.S. District Court for the Eastern District of Washington.  Plaintiff alleged a number of claims against...
Lenders and Servicers Beware – You Are at Risk of Having to Pay Attorneys’ Fees to Borrowers Who Obtain TROs to Hold Up Trustee’s Sales

Lenders and Servicers Beware – You Are at Risk of Having to Pay Attorneys’ Fees to Borrowers Who Obtain TROs to Hold Up Trustee’s Sales

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...

Alert: California Supreme Court Holds CashCall’s Interest Rate on Consumer Loans Might Be Unconscionable

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...

Mortgage Banking Litigation Alert – Court of Appeal’s Thorough Opinion Stops Borrowers’ Claims at Every Turn

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...

Declaration of Compliance with Civil Code Section 2923.5 Does not Establish Compliance with the Statute

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...

Mortgage Banking Alert: California Court of Appeal confirms that Civil Code Section 2932.5 does not apply to a trustee sale under a deed of trust

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...

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This information has been prepared by Keesal, Young & Logan for informational purposes only and is not legal advice. Transmission of the information is not intended to create, and receipt does not constitute, an attorney-client relationship between you and Keesal, Young & Logan.

You should not act upon this information without seeking professional counsel.

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