State of New York awarded $150 million dollars in Foreclosure Settlement

 

 Ocwen, an Atlanta-based firm, will pay New York’s Department of Financial Services (DFS) $150 million awarded due to their wrongful foreclosure activity. According to a court filing, the lawsuit accused Ocwen of commiting fraud by overcharging borrowers in order to drive up its own profits.  The suit stated that Ocwen’s practices “exemplify how America’s lending…

Continue Reading →

The Federal Housing Finance Agency Announces New Post Foreclosure Policy

 

 The Federal Housing Finance Agency (FHFA) recently announced a new policy allowing homeowners who lost their homes to foreclosure the opportunity to buy their properties back at current market value if the properties are owned by Fannie Mae and Freddie Mac. This is a big step forward as previously the policy required the owners to…

Continue Reading →

Foreclosures on the Rise

 

 According to CNBC, the number of borrowers losing their homes is rising again. 123,109 properties were reported to be in some state of foreclosure during the month of October representing a 15% increase from September. At The Law Offices of Jason W. Estavillo, we represent homeowners who are being foreclosed upon by financial institutions that are…

Continue Reading →

Every Day, Another Home Disappears into Foreclosure

 

 The reality of foreclosure litigation: If you have been threatened with foreclosure you need to know that the latest foreclosure laws can protect you and your home. For example, it is illegal for a bank to foreclose upon you if you are in an active loan modification review. Also, did you know that Under the…

Continue Reading →

Save Your Home Conference

 

 Jason W. Estavillo will be manning the FDN booth along with three other foreclosure experts at The Save Your Home America alliance conference this Saturday. The conference is being held in the Los Angeles Fairplex (in the Los Angeles County Fairgrounds complex) on October 25, 2014 from 9:00am to 6:00pm Come by to get all…

Continue Reading →

The Servicemembers Civil Relief Act

 

 Are you an active Servicemember with the Army, Navy, Air Force, Marine Corps or Coast Guard?   Are you or a dependent facing a foreclosure of your personal residence? Under the Servicemembers Civil Relief Act (SCRA) your primary residence cannot be foreclosed upon while you are on active duty. Your home cannot be foreclosed upon…

Continue Reading →

Glaski Update

 

 Last month the California State Supreme Court denied Bank of America’s request to de-publish the Glaski decision (a landmark decision that was issued last summer).  As previously stated, the Court concluded that the homeowner’s “factual allegations regarding post-closing date attempts to transfer his deed of trust into the WaMu Securitized Trust are sufficient to state…

Continue Reading →

Estavillo Leads Three More Clients to Foreclosure Law Success

 

 The Law Offices of Jason W. Estavillo led clients to foreclosure law success in three recent court rulings. In one case we defended a client in summary judgment brought by Aurora Loan Services.  In two other cases we were successful in getting the courts to issue a TRO (temporary restraining order) and a preliminary injunction…

Continue Reading →

Homeowner Victorious in Unprecedented Foreclosure Case Against Bank of America

 

 The Fifth Appellate District of the California Court of Appeals issued a 29-page opinion which reversed the trial court’s granting a demurer in favor of Bank of America and against the homeowner (Glaski) in an unprecedented foreclosure case.  Some of the claims alleged by the homeowner included claims for Wrongful Foreclosure, Quiet Title, Declaratory Relief,…

Continue Reading →

Estavillo Stops Foreclosure Using Newly Enacted Law –California Homeowners Bill of Rights

 

 This week the Law Offices of Jason W. Estavillo was successful in getting a Temporary Restraining Order (“TRO”)  to stop a foreclosure that was scheduled for tomorrow in Alameda County Superior Court.  The decision was based on the recently enacted California Homeowners Bill of Rights.  Contact us to find out how these newly enacted laws impact…

Continue Reading →

Click to access the login or register cheese