We are proud to announce that our law partner Lawrence (“Larry”) McDonough has been named as the Attorney Honoree for the 2015 Red Mass by the St. Thomas More Society of Southern Arizona. The Red Mass was held on Tuesday, October 6, 2015 at St. … [Read more...]
Huge Penalties Against Lender for Mistreating Borrowers
The Consumer Finance Protection Bureau (“CFPB”) and the Federal Trade Commission (“FTC”) announced a settlement with Green Tree Servicing for its mistreatment of borrowers trying to save their home from foreclosure. Green Tree “failed to honor … [Read more...]
2015 Legislative Update
From January 12, 2015 to April 3, 2015, the Arizona 52nd Legislature met for 81 days—a record for the shortest session since 1968. There were 1,163 bills introduced, 324 bills were signed and 20 bills were vetoed. While there were no changes to the … [Read more...]
U.S. Supreme Court Rules for Consumer Rescission in Truth in Lending Act Rights
For lenders’ violations of the Truth in Lending Act (“TILA”) the borrower has the right to rescind the transaction, meaning cancel the loan, by notifying the lender in writing within three years of the transaction. In Jesinoski v. Countrywide … [Read more...]
Arizona Supreme Court Prohibits Waiver of Anti-Deficiency Protections
When borrowers cannot make payments on their deed of trust or mortgage and the property is sold, generally the lender is limited in recovery to the sale of the property when the property is a one-family or two-family dwelling on land of 2 ½ acres or … [Read more...]
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- Next Page »