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New Jersey Courts continue to support unsuspecting mortgage lenders
- Fox Rothschild LLP
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- USA
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- January 24 2013
Mortgage priority lawsuits continue to attract the attention of the New Jersey courts. In that context, the theory of equitable subrogation continues
Foreclosure defense limits clarified
- Fox Rothschild LLP
- -
- USA
- -
- February 13 2013
Trial judges in New Jersey are doing a much better job of late reducing the foreclosure back log in part by aggressively disposing of baseless
Standing to commence foreclosure
- Fox Rothschild LLP
- -
- USA
- -
- February 6 2013
For mortgage loans that have been bundled into mortgaged backed securities and other collateralized debt obligations ("collectively, "CDO's"), the
A pleasant surprise for loan companies --- mortgage loan officers found to be exempt from overtime
- Fox Rothschild LLP
- -
- USA
- -
- March 21 2011
On March 17, 2011, a Michigan jury returned a verdict in favor of loan company, Quicken Loans Inc. in a class action lawsuit alleging that Quicken had failed to pay them overtime under the Fair Labor Standards Act (“FLSA”
Too little, too late
- Fox Rothschild LLP
- -
- USA
- -
- September 19 2012
The New Jersey Appellate Division has disallowed a claim, raised by a foreclosure defendant for the first time on appeal, that the plaintiff lacked standing because it did not possess the note showing the repayment obligation when it filed its complaint
