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Two Big Topics: Reversal in a Chase defense case; Real Estate Brokers and RESPA

  • Broadcast in Finance
THE NEIL GARFIELD SHOW

THE NEIL GARFIELD SHOW

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Today's Show involves two important topics:

1. First Circuit US Court of Appeals case, Thompson v. Chase, in which the appellate court reversed the lower district court, essentially strictly construing the Mass. judicial foreclosure statutory framework.

2. Real Estate brokers are being used as institutional stand-ins for certain evidentiary purposes, particularly in non-judicial foreclosure states like California. Bill Paatalo has a great blog item about this issue, on his blog, from May 17, 2019. Gives the apperance of real estate brokers paying illegal referral fees to sub-servicers, in violation of the Real 
Estate Settlement & Procedures Act (RESPA). Details to follow on today's Show.

 

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