Foreclosures
Articles
Attorneys needed for foreclosure events
Attorney volunteers are needed for free borrower outreach programs around Indiana hosted by the Indiana Foreclosure Prevention
Network Sept. 1.
Couple should have jury trial on legal claims
A couple whose home is being foreclosed on is entitled to a jury trial on their legal claims against the mortgage holder and
loan servicer, the Indiana Court of Appeals ruled today.
Rental properties require effort
As the prices for homes continue to drop as foreclosures and abandoned properties continue to pop up in virtually every neighborhood,
there may be a few people considering whether these homes could make for good investments either as properties to fix and
sell or to buy and repair for a rental property.
Court pilot programs boost foreclosure conferences
Foreclosure rates have remained at record highs for Indiana the past few years, and a court program to help homeowners hasn’t
been as successful as hoped. That’s now changing.
2 county court systems get e-filing approval
Two of Indiana’s largest counties are getting close to putting electronic filing plans into place after receiving a green
light from the Indiana Supreme Court late last year and early this year for pilot projects.
Former attorney gets probation in fraud case
A former attorney who pleaded guilty to mail fraud last year was sentenced to 3 years probation Tuesday by a federal
judge.
Appellate ruling addresses priority rights
In reversing summary judgment for a home loan company on its complaint for strict foreclosure, the Indiana Court of Appeals specifically adopted the reasoning set forth in a federal decision involving priority rights on liens.
New foreclosure-prevention initiative announced
To encourage more eligible Hoosiers to participate in settlement conferences when facing mortgage foreclosures, a new program involving the Indiana Supreme Court and the Indiana Foreclosure Prevention Network was announced today in Fort Wayne.
COA rules on service of summons issues
The Indiana Court of Appeals addressed service of summons issues in foreclosure actions in two decisions today, finding the servicing parties needed to do more to ensure the recipients actually get notice.
Comment sought on foreclosure settlement rule
The Marion County courts are seeking comment on proposed amendments to Administrate Local Rule 49-TR 85 Rule 231 – Mandatory Settlement Conferences in Mortgage Foreclosure Cases.
Foreclosure defense training April 3 in Indy
The Indiana Supreme Court's third mortgage foreclosure training opportunity for attorneys, judges, and housing counselors will be April 3 at Indiana University School of Law – Indianapolis.
Group criticizes foreclosure mediation programs
A report released today by the National Consumer Law Center examining foreclosure mediation programs believes states, including Indiana, need to make substantial changes before the programs can be effective.
Volunteers sought for phone-a-thon
A phone-a-thon for troubled homeowners seeking help will take place June 30 from 5 to 10 p.m. The event, advertised in public service announcements around the state, needs attorney volunteers to answer questions from callers. According to organizers, three Public Broadcasting Service stations will allow the Indiana Foreclosure Prevention Network to use their phone banks […]
AG discusses settlement of mortgage lender suit
A civil deceptive practices suit against the former Countrywide Home Loans has ended with a $2.83 million settlement, as well as other components designed to address the state and country's mortgage foreclosure crisis.
Mortgage CLE numbers announced Monday
Representatives from the Indiana Supreme Court will be in Evansville Monday to release the number of judges, attorneys, and mediators who were trained this summer and fall to represent borrowers and handle settlement conferences.
COA: Wife is liable for mortgages
The Indiana Court of Appeals affirmed a judgment against a woman who denied signing for mortgages that are now in foreclosure; however, the judges disagreed whether the mortgage holder proved default under the terms of the notes.
Farming dispute creates first impression issue
In a ruling from the Indiana Supreme Court on an issue of first impression, two of the state's five justices fear a new holding will have far-reaching impact not only on the forfeiture cases at issue, but also mortgage foreclosure cases impacting the commercial and industrial real estate world.
Lawyer failed to deny note execution under oath
Because an attorney acting pro se in a mortgage suit didn't include a statement in his general denial that the denial was truthful and made under penalty for perjury, he failed to deny under oath the execution of the note, the Indiana Court of Appeals ruled today.
Judge holds public hearings on foreclosure rule
Marion Superior Judge Cynthia Ayers is holding public hearings today and Thursday regarding the proposed local rule, 49-TR85-231, which would require mandatory mediation for mortgage foreclosure cases in Marion County.