Mortgages

By Alex Clark, ATG Law Clerk

Introduction

In the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), passed in 2010, Congress created the Consumer...

 

ALL PAYOFF INFORMATION MUST BE IN WRITING

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ALL RELEASE AGREEMENTS MUST BE IN WRITING

A release...

 

ALL TITLEHOLDERS MUST SIGN MORTGAGES


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ATG® MEMBERS RESPONSIBLE FOR DETERMINING THE...

Summary: Borrowers were unreasonable to believe that their application for a loan modification was approved when the lender only represented that they would be eligible for...

NE2d 665 (Ind Ct App 2008)

Facts: On April 9, 1999 Ping secured an $80,000 revolving line of credit mortgage from Bank One. On March 9, 2001, Ping took a second mortgage of...

Summary: In Wisconsin, if a party exercises its right as authorized in a contract, the party does not breach a statutory duty of good faith.

 

Bank of Sun...

In re Crane, BR 11-90592, 2012 WL 1155738 (Bankr. C.D. Ill. Apr. 5, 2012); on appeal as, The Gifford State Bank v Richardson, 12-CV-21146 (C. D. Ill.).

Summary:...

Summary: Mortgagor’s three attempts to pay off the balance of a loan in default were deemed insufficient for failure to provide legally acceptable funds.

 

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