Monthly Archives: September 2013

Loss Mitigation Program: Sooner Or Later a Court May Lose Patience With a Dilatory Mortgagee

In re Bambi, 492 B.R. 183 (Bankr. S.D.N.Y. 2013) – The Bankruptcy Court for the Southern District of New York has adopted Loss Mitigation Program Procedures to facilitate negotiation in cases where individual debtors are in danger of losing their homes … Continue reading

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Mortgage Execution: Even a “Teensy-Weensy Boo-Boo” Can Come Back To Bite You

Wells Fargo Bank, N.A. v. Gordon (In re Codrington), 716 F.3d 1344 (11th Cir. 2013) – A Chapter 7 trustee sought to use his strong arm powers as a hypothetical bona fide purchaser to avoid a security deed.  He argued that … Continue reading

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