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Tag Archives: Law
Ticket for Using Cellphone While Driving With NO Phone
In its ongoing zeal to protect us from ourselves the Nevada Legislature enacted a ban on using hand-held cell phones while driving. I’m sure you have observed how effective the law is. In my opinion it’s little more than more … Continue reading
Posted in Cell phone, Government, Law, Money, Police
Tagged Government, Law, Legislation, Police, Politics
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Two Courts Rule Differently on MERS
No matter which side you are on, MERS remains a controversial issue. Many expect the problem to ultimately be decided in the courts. A New York appellate court ruled last week that a Reston-based company that electronically tracks and transfers … Continue reading
More Trouble for MERS
MERS finds itself in more hot water. A Reno lawfirm filed lawsuits against MERS in both California and Nevada Courts. Read More here.
Posted in Foreclosure, Government, Real Estate
Tagged Foreclosure, Government, Law, Nevada, Reno
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Another Foreclosure case Overturned due to Standing
In this Ohio Appeals Court case, the Court ruled that Bank of New York did not have standing when it began foreclosure proceedings. In Byrd, we held that “in a foreclosure action, a bank that was not the mortgagee when … Continue reading
California going after 400 lawyers for misconduct
According to the ABAJournal, the California Bar is looking into more than 400 lawyers who may have taken advantage of homeowners by accepting payments despite exerting little effort to save their homes. What’s the chances that some of their Nevada … Continue reading
MERS loses again
The Second District Court of Appeals (of Florida) overturned a District Court decision and ruled that in this case U S Bank was not able to show proper standing to foreclose. U S Bank produced the original note, but was … Continue reading
Banks Pursuing Deficiency Judgments
Homeowners be aware. CNN reports banks are beginning to seek deficiency judgments to cover losses from foreclosures and short sales. Not being aware of this situation could become a very costly mistake. Deficiency judgments depend on many factors, including, state … Continue reading
MERS; What Is It and Why Do We Care?
This post somehow seems too elementary, but I need to start somewhere. If this is exceedingly basic, please bear with me because I hope to build from here. Back in the days before computers, when a bank lent money a … Continue reading
Another Court Ruling against MERS: They Lack Standing
U.S. District Judge Kent Dawson in Las Vegas upheld a bankruptcy court ruling making it harder for lenders to foreclose on home mortgages. This case involved MERS, (Mortgage Electronic Registration System) asking bankruptcy court to lift a stay against foreclosure … Continue reading
State Sued Over Mortgage Modification Licensing
According to this Las Vegas Sun article: A law firm active in Henderson and Las Vegas is suing the state over rules requiring licensing of non-attorney employees working on mortgage loan modifications. Apparently, the state wants the other employees of … Continue reading
