Archive for February 14th, 2011

Aceves v. U.S. Bank – Promise by Lender to Negotiate with Borrower Gives Rise to Lawsuit (2011-2-14)

For anyone dealing with distressed mortgages, the story about the lender who said it would “work” with a defaulted loan, only to abruptly proceed to foreclosure, is all-to-familiar.  A legal challenge against the lender must be based on existing legal precedent. The January 27, 2011 decision in Aceves v. U.S. Bank, N.A. gives hope to […]