Hanson Law Firm

California Real Estate Trial Attorneys

415-362-9181

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More MERS Mess

April 9, 2010 by ThomasWard Leave a Comment

Fannie Mae issued new policy guidelines this week that told servicers they can no longer name MERS as a plaintiff in foreclosure actions on a mortgage loan owned or securitized by the GSE. From DSNews.com: “…the system has become the centerpiece of a number of lawsuits, with foreclosed homeowners challenging the naming of the electronic… CONTINUE

Filed Under: Real Estate Tagged With: Fannie Mae, foreclosure

Foreclosure Forecast: Stormy

April 7, 2010 by ThomasWard Leave a Comment

According to a forecast published this week by RealtyTrac, foreclosures are expected to rise to 4.5 million by the end of 2010, from 2.8 million in 2009. Is HAMP the finger in the dike, or a beaver dam hoping to hold back a tsunami? Here’s Jon Maddux’s take in a posting on housingstorm.com: Over a… CONTINUE

Filed Under: Foreclosures Tagged With: California foreclosures, california real estate law

Driven to foreclosure?

March 3, 2010 by ThomasWard Leave a Comment

A report last month from the Natural Resources Defense Council (NRDC) says those homeowners who spend a lot of time driving everywhere are at a greater risk of foreclosure. Using data from three large urban areas – San Francisco, Chicago and Jacksonville – the study found that “factors such as neighborhood compactness, access to public… CONTINUE

Filed Under: REO Tagged With: foreclosure, National Resources Defense Council, NRDC, REOs

From the HAMP Camp

February 13, 2010 by ThomasWard Leave a Comment

The government continues to struggle to put together a loan modification program that will work for both the homeowner and the lender. According to a recent announcement by HUD and the U.S. Department of the Treasury, new provisions to the mortgage modification program (HAMP-Home Affordable Modification Program) that will speed the process will go into… CONTINUE

Filed Under: Videos Tagged With: HAMP, HUD, loan modification program

New Licensing and Language Laws

February 5, 2010 by ThomasWard Leave a Comment

SB 36 – Effective January 31, 2010 and December 2010: Licensing Requirements for Mortgage Loan Originators. Mortgage Loan Originators Regulated: If a real estate broker or the broker’s salesperson makes, arranges, or services loans secured by residential property containing one-to-four units, the broker must notify the DRE by January 31, 2010 or within 30 days… CONTINUE

Filed Under: Videos

(Boring but Important) Buyer’s Choice Law

January 27, 2010 by ThomasWard Leave a Comment

A California law, AB 957, known as the Buyer’s Choice Act amends Civil Code Section 1103.20 through 1103.23 regarding title insurance and escrow service providers. Federal RESPA law prohibits the seller from requiring the buyer to purchase title insurance from an insurer designated by the seller. RESPA applies to the sale of 1 to 4… CONTINUE

Filed Under: Videos

The MERS Mess

January 27, 2010 by ThomasWard 1 Comment

This Kansas Supreme Court decision is the latest to expose the flaw affecting lenders’ ability to foreclose “securitized” mortgages: In a unanimous opinion, the Kansas Supreme Court has ruled that, under the facts presented, a second mortgage holder who was not given notice of a foreclosure performed by the first mortgage holder on the same… CONTINUE

Filed Under: REO

Videos

C.A.R. Form Redo – Who Gets the Liquidated Damages?
The Math Behind Social Distancing
Non-Disturbance Agreements
Trebling Trouble With Trees

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Latest News

Use it or Lose it – Special Tenant Notice by Sep 30

RESIDENTIAL LANDLORDS REQUIRED TO SEND SPECIAL … CONTINUE

ADR has an ODR ???

Is this a secret code or TXT abreviation meaning … CONTINUE

PPP Loans (to prevent Company DEATH) and TAXES

The Guvm'nt giveth, and the IRS taketh away! IRS … CONTINUE

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Recent News

  • Use it or Lose it – Special Tenant Notice by Sep 30
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  • PPP Loans (to prevent Company DEATH) and TAXES
  • 25% Rent Reduction? Stupid Legislation Proposed
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Hanson Law Firm
315 Montgomery, 10th Floor
San Francisco, CA 94104

Phone: 415-362-9181

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  • Practice Areas
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    • Maritime Insurance Claims
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