The U.S. Supreme Court has agreed to hear Bank of America’s case against two underwater Florida homeowners who filed for Chapter 7 bankruptcy. DSNews The homepage of the servicing industry Home
The Supreme Court also could have made it easier for local governments to prove these cases, but it didn’t. In Bank of America v. Miami, the Supreme court held 5-3 that local governments have "standing" to bring Fair Housing Act (FHA) lawsuits against banks alleging discriminatory lending practices.
The home equity theft reporter: florida Cops Arrest Alleged Ringleader In Mortgage Scam That Duped “Rent To Own” Tenants, Straw Buyers, Lenders Previous Previous post: The Home Equity Theft Reporter: Florida Cops Arrest Alleged Ringleader In Mortgage Scam That Duped "Rent To Own" Tenants, Straw Buyers, Lenders
Supreme Court rules cities can sue banks for predatory lending. hands partial victory to Miami in suits against Bank of America, Wells Fargo.. the Supreme Court agreed to hear the case,
With lawmakers eager to pivot to economic legislation, Senate Democratic leaders have drafted an initial version of an $80 billion-plus job-creation bill that will be heavy on tax breaks designed to.
U.S. Supreme Court Gives Homeowners. Three years after borrowing money from countrywide home loans, Larry and Cheryle Jesinoski sent Countrywide and Bank of America Home Loans a letter notifying them that they intended to rescind the transaction because the lender had violated the Truth in Lending Act (TILA).
court, was heard in this court together with Willow Waters Homeowners Association (Pty) Ltd & another v Koka NO & others,5 which is a matter similar to this one. The reasons given for upholding the appeal in that matter apply equally to this case. I do not, therefore, intend to repeat them here.
A Bank of America (BAC) case to decide whether homeowners can erase underwater second mortgages through bankruptcy quickly changed its course during the court session, turning into a debate over.
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WASHINGTON – The Supreme Court’s decision to hear a housing case could reshape the legal landscape for banks, potentially making it harder for the government or private parties to prove violations of a federal law that bans lending discrimination. The case ostensibly has little to do with lenders.
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The Hon’ble Supreme Court of India has taken a similar view, in the case of Industrial Investment Bank of India Ltd. v. Biswanath Jhunjhunwala had observed-"The very object of the guarantee is defeated if the creditor is asked to postpone his remedies against the surety. In the present case the creditor is a banking company.