Get the dirt on California's Grittiest Real Estate Lending and Foreclosure law blog!

Palo Alto real estate attorney Julia Wei providing commentary & insight into trends in California real estate law & lending law, mortgages & foreclosures.

Entries Tagged as 'Uncategorized'

Fed Proposed Changes to Truth In Lending to Curb Rescission–really?

December 21st, 2010 · No Comments · California Lending & Mortgage Law, Foreclosure Defense Lawsuits, Foreclosures, Mortgage Fraud, Trust Deeds, Uncategorized

I do a lot of defense work, and readers of this blog know that I work primarily for private lenders (not institutional lenders).  This means I defend against a lot of TILA rescission claims.  The current state of TILA rescissions is somewhat murky with circuit courts across the nation having to fill in the logistical […]

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New look, New address – dirtblawg.com

August 20th, 2010 · No Comments · Uncategorized

We’ve moved! You are currently looking at the new site at www.dirtblawg.com. Many thanks to the talented team at Foliovision for the migration from Typepad to WordPress, and the new look & feel.

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April 13th, 2010 · No Comments · Uncategorized

For those of you following the progress of California Senate Bill 401, the Governor signed it yesterday, which means that mortgage debt forgiveness for the California taxpayer is now more in line with the Federal relief act. "SB 401 extends the law providing mortgage debt forgiveness to homeowners who have already lost their homes due […]

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Palo Alto Real Estate Prices – Still High.

February 16th, 2010 · No Comments · Uncategorized

Maybe because I am a real estate attorney, people always ask me about real estate prices and the economy.  What I know is mostly anecdotal and it seems like the old adage from Realtors TM about "location, location, location" seems to be true because check out this recent residential price survey from the SF Chronicle […]

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February 15th, 2010 · No Comments · Uncategorized

A normally humdrum article about mortgage rates rising was made way more interesting by Moody's economist Zandi's quote at the end: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/02/15/MNSP1BVILP.DTL "We have a boatload of homes that ultimately will find their way to a foreclosure sale, and that will put pressure on house prices," Zandi said. "The more that distressed home sales rise, […]

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Foreclosure Defense Lawsuits – California Attorney General Calls Them "Phony"

July 13th, 2009 · 3 Comments · Uncategorized

I posted previously about the foreclosure defense lawsuits.  They are also the "lost note" defense lawsuits that are hotly publicized.  Well, the lawyers who prey on these hopeful homeowners are are getting sued now by the California Attorney General, Jerry Brown.  It's no secret that I represent many private money lenders.  That means that I see […]

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Defending Against the "Foreclosure Defense" lawsuit.

February 3rd, 2009 · 13 Comments · Uncategorized

There's a new litigation trend we've been seeing in California – the rise of the "foreclosure defense" lawsuits. Basically these lawsuits allege that the lender no longer owns the original promissory note and therefore cannot foreclose on the borrower's property.  Of course, to keep things interesting, the lawsuit alleges all manner of violations of any […]

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Lis Pendens – What Is It and How Does it Affect Title?

October 1st, 2008 · No Comments · Uncategorized

I recently wrote an article for the Foreclosures.com newsletter, October 2008: Excerpted:   In California, the purpose of the Lis Pendens is to give constructive notice to the public at large that this property has a lawsuit pending that could affect whether or not the owner of record has the right to sell it, put […]

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The Federal Reserve Board Amends Reg Z and California Passes SB 1137

July 14th, 2008 · 2 Comments · Uncategorized

The newspapers today were filled with headlines that the Fed was curbing “shady lending” practices.  Of course, these articles were a little vague on what the name of the regulation was and what date these rules would go into effect. Going straight to the horse’s mouth, I learned that the Fed is amending Reg Z […]

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