Real Estate: Unsung Heroes of the Great Recession.
No. 721 Little note and less recognition has been given to a substantial group of people who have benefitted us all.They are the unsung heroes who have been quietly buying substandard, decaying houses and fixing them up. Without them, there would be a lot more unlivable or barely livable homes in our community. Many more […]
Real Estate: All is not quiet on the mortgage foreclosure front.
USA Today reports that a recent settlement between Bank of America (pronounced Countrywide) and certain large investors precipitated a storm of delinquency notices. Although BOA has denied the connection, there is no doubt that litigation activity generally has been increasing, after a long lull during the summer.
Bill reintroduced in US House to Authorize Rental of Foreclosed Homes to Occupants.
No. 670 DS News.com reports that Rep. Gary Miller (R., CA) has introduced legislation to authorize rentals to families who have lost their homes to foreclosure for a period of five years. A similar bill was introduced in the last session of Congress, was passed by the House on a bipartisan basis, but was not […]
No More Foreclosures by MERS.
No. 664 Mortgage Electronic Recording System (MERS), a private corporation, announced that it will no longer permit mortgage foreclosures or Bankruptcy claims to be filed in its name. MERS was established to hold record title to mortgages as “nominee”, enabling them to be assigned privately without the need to file assignments. However, the standing to […]
Goldbeck Case Update
In the post reprinted mmediately below you will find the Post from December discussing the case of Loughren v. Bair, GD 10-021437. Since the post below was written in December, PO’s were filed, followed by an amended complaint whereby Loughren, who filed the original complaint, became the representative party in a class action. Robert F. Dailey of Pierce & Pierce has taken over as counsel for the plaintiff. The Defendants are represented by James Schadel of Weinheimer Schadel & Haber, Pittsburgh.
Encore Post: Goldbeck Case.
No. 660 Goldbeck, McCafferty & McKeever PC is one of a handful of law firms in Philadelphia and Eastern Pennsylvania that has handled thousands of mortgage foreclosures throughout the State. However, the firm was delivered a severe blow in Bankruptcy Court this week. Coverage of that matter brought to light a suit recently filed […]
Judge Wettick Holds that Verification by an “Authorized Representative” of Party Does Not Satisfy the Rules of Civil Procedure.
No. 620 Complaints in mortgage foreclosures and credit card cases are frequently verified by individuals who are not employees of the plaintiff, but of some service company engaged by the plaintiff for that purpose. Judge Wettick, as the judge handling preliminary objections in arbitration cases, has held that such verifications do not comply with […]
Mortgage Forclosure: PA Superior Court holds sheriff sale may be set aside when complaint fails to allege how plaintiff became proper owner of mortgage.
A panel of the Superior Court of Pennsylvania reversed a Common Pleas Court order refusing to set aside a sheriff sale and strike a default judgment when the the record lacked any mention of how the Plaintiff acquired ownership of the mortgage.
Goldbeck, McCafferty & McKeever PC, Philadelphia foreclosure law firm, faces serious charges in Allegheny County Equity Action.
Goldbeck, McCafferty & McKeever PC is one of a handful of law firms in Philadelphia and Eastern Pennsylvania that has handled thousands of mortgage foreclosures throughout the State. However, the firm was delivered a severe blow in Bankruptcy Court this week. Coverage of that matter brought to light a suit recently filed in Allegheny County Common Pleas Court that is likely to have far-reaching consequences — to that firm, to numerous cases statewide and even to real estate previously sold in sheriff sales.
« go back