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Maine court: Lenders limited to 1 foreclosure proceeding

A mortgage company can't bring a second foreclosure action against a borrower after losing a similar foreclosure in the court system, Maine's supreme court ruled. The court on Thursday unanimously … Click to Continue »
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United States / New York : Crain's New York Business

The Supreme Court on Monday blocked a massive sex discrimination lawsuit against Walmart on behalf of women who work there. The court ruled unanimously that the lawsuit against Wal-Mart Stores Inc. cannot proceed as a class action, ...

(Saving...) In MERS ruling, Oregon Supreme Court clears way for out-of-court foreclosures to proceed

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

``The recording decision reverses part of a ruling by the Oregon Court of Appeals, a lower court, that had been the final word in state law until Thursday. After the appellate court issued its decision in July 2012, most lenders div...

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The California Supreme Court says property owners can't file lawsuits challenging restrictions in building permits once they construct the project. The court's unanimous ruling on Thursday came in a dispute … Click to Continue »

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State's high court: Mortgage registry can't foreclose

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

``In a unanimous opinion, the Washington Supreme Court said that Mortgage Electronic Registration Systems (MERS) can't begin a foreclosure itself because it doesn't hold the note the homeowner signed with the lender. The ruling mean...


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