Mortgage Foreclosure

Summary: A mortgage may be reformed if it is faulty in some manner. One manner in which the mortgage may be faulty is an incorrect legal description.

 

...

Summary: Assignment of a note is valid despite blank and undated allonge.

 

Buchanan v. HSBC Mortgage Servs., Inc., 993 N.E.2d 275 (Ind. Ct. App. 2013)....

 

Summary: When relying exclusively in an affidavit in support of a motion for summary judgment, personal knowledge must be satisfied to establish a prima facie case for...

Summary: A mortgagee is not obliged to extend a Home Affordable Modification Program to an unqualified mortgagor.

 

Chase Home Finance, LLC v. Scarpace,...

Summary: By statute, notice of a motion to confirm a judicial sale may be made before the sale, but the motion itself must be made after the sale.

 

Citibank, N....

Summary: Language in a mortgage that contemplates earlier mortgages does not indicate their superiority for purposes of determining intent under equitable subrogation....

One of the most important dimensions of living in a condominium is the sharing of common expenses between owners of individual units. When one unit owner fails to pay a share of these expenses,...

 

Summary: Following foreclosure, the priority of secured interests favors the lien who was recorded first and the lender who pays off a first mortgage is not necessarily...

 

DEEDS IN LIEU OF FORECLOSURE: ADVANTAGES, DISADVANTAGES, AND...

Summary: The particularity required for affidavits under ILCS 5/2-206 requires a person to swear to the specific actions taken in the attempts to serve process.

...

Pages