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AARP Lawsuit Defines Proposed Class
Aug 12, 2011The recent lawsuit filed by AARP against Wells Fargo and Fannie Mae seeks class action status to include all borrowers, including their heirs and estates, that were not provided the opportunity to purchase the subject homes for 95% of appraised value. In a review provided to NRMLA, the organization's legal counsel Weiner Brodsky Sidman Kider, PC discussed the proposed class and the rule, termed "the 95% Rule" that is the key allegation against the defendants. In requesting class action status, the review says, AARP proposes a class that includes all borrowers under HECM loans of Wells Fargo and
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Foreclosure activity falls to 44-month low
Aug 11, 2011 -
BofA marks down billions from Countrywide portfolio
Aug 10, 2011 -
Smaller banks push for mortgage servicing standards exemption
Aug 02, 2011 -
MERS publishes new foreclosure guidelines
Jul 28, 2011 -
Lawmakers to investigate foreclosures on military members
Jul 12, 2011 -
Nevada Supreme Court offers foreclosure guidance to mortgage firms
Jul 11, 2011 -
Reverse Mortgages Are Not Going Anywhere
Jun 27, 2011 -
Media Response to the Wells Fargo Announcement
Jun 17, 2011 -
Legal analysts say MERS is down, but not completely out
Jun 17, 2011 -
MGIC tightens default guidelines for mortgage servicers
Jun 07, 2011 -
Florida court defends ‘rocket docket’ foreclosures in its final month
Jun 02, 2011
