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Posts tagged as “Mortgage Law”

Illinois App. Court (1st Dist) Rejects Borrowers’ Allegations of ‘Wrongful Foreclosure,’ UDAP Violations, Other Claims

The Appellate Court of Illinois, First District, recently affirmed a trial court’s dismissal with prejudice of a complaint from two borrowers alleging claims for among other things “wrongful foreclosure,” wrongful eviction, fraud, consumer fraud, false imprisonment, and a due process violation under 42 U.S.C. § 1983.

Maryland High Court Holds Property Inspection Fees Limited for Mortgage Lenders, Servicers, Assignees

The Maryland Court of Appeals – the state’s highest court – recently reversed a trial court’s dismissal of a putative class action alleging that a mortgage servicer and loan owner violated the Maryland Usury Law and Maryland Consumer Debt Collection Act by charging property inspection fees in connection with residential mortgage loans.

2nd Cir. Holds De-Acceleration of Mortgage Loan Does Not Require Voluntary Discontinuance of Foreclosure Action

The U.S. Court of Appeals for the Second Circuit recently vacated a trial court's grant of summary judgment to the plaintiff in an action to quiet title for a property subject to a mortgage. While the appeal was pending for this matter, an intervening ruling in the New York Court of Appeals undermined the reasoning of the trial court. Therefore, the Second Circuit vacated the trial court’s judgment and remanded the case for further proceedings.

Illinois App. Court (1st Dist) Upholds Order Appointing Receiver in Mixed Use Foreclosure Action

The Appellate Court of Illinois, First District, recently affirmed a trial court’s order appointing a receiver as to a mixed-use property in foreclosure, because the foreclosing mortgagee established a reasonable probability that it would prevail in a final hearing and the defendant mortgagors failed to show good cause as to why a receiver should not be appointed.

Calif. App. Court (4th Dist) Holds Prior Unlawful Detainer Judgment Did Not Bar Borrowers’ Current Claims

The California Court of Appeal, Fourth Appellate District, recently held that a trial court erred in ruling that several borrowers' claims were precluded by a prior unlawful detainer judgment entered against them following the foreclosure sale of their home.

9th Cir. Holds Mortgagee May Challenge HOA Foreclosure Sale That Violates Bankruptcy Automatic Stay

The U.S. Court of Appeals for the Ninth Circuit recently reversed a trial court's order granting summary judgment in favor of the buyer at a homeowners association’s non-judicial foreclosure sale that was conducted in violation of the automatic stay in the borrower's bankruptcy, and against a mortgagee whose interest in the foreclosed property would have been extinguished. 

Illinois Supreme Court Vacates Foreclosure Judgment Due to Service in Cook County by Non-Appointed Process Server

The Supreme Court of Illinois recently reversed a trial court order in a case filed outside of Cook County denying a Cook County borrower’s petition challenging a foreclosure judgment as void for lack of jurisdiction, finding that a licensed or registered private detective may not serve process in counties with a population of two million or more – such as Cook County -- without special appointment under 735 ILCS 5/2-202.

Calif. App. Court (5th Dist) Reverses Quiet Title Judgment Against Foreclosing Mortgagee

The California Court of Appeals for the Fifth Appellate District recently reversed a trial court's ruling under the California Code of Civil Procedure section 473 to set aside a default and a judgment quieting title against a mortgagee that had foreclosed and acquired title to the subject property.