Damages

Posted by kevin on June 21, 2011 under Foreclosure Blog | Comments are off for this article

In New Jersey, there are two approaches to fighting foreclosures in court.  The first approach is the procedural approach.  That boils down to whether the lender can prove standing and has complied with the Fair Foreclosure Act.  The second is to reduce the amount due on the mortgage loan because of violations of the law.  Usually, the violations are for common law predatory lending or violations of the Truth in Lending Act.

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Too Big To Fail

Posted by kevin on June 1, 2011 under Foreclosure Blog | Comments are off for this article

Watched the HBO movie then read the WSJ article about home prices sinking to 2002 levels.

When I was an intern at the SEC (about a lifetime ago), my boss told me that the best way to get to the root a securities problem was to follow the money.  That was good advice.

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