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Real Estate & Property Law

: The Home Equity Theft Reporter

Indiana Appeals Court: Failure To Comply With HUD Servicing Regulations A Valid Affirmative Defense In Foreclosure Action Involving FHA-Insured Loan

By r morris

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Lexology reports:In a recently-published case of first impression in Indiana, the Court of Appeals of Indiana has held that a lender?s failure to comply with HUD servicing regulations on an FHA-insured loan may be asserted as a valid affirmative defense to a mortgage foreclosure action.In Lacy-McKinney v. Taylor, Bean & Whitaker Mortgage Corp., 2010 Ind. App. LEXIS 2161 (Ind. Ct. App. Nov. 19,

Full post as published by The Home Equity Theft Reporter on December 15, 2010 (boomark / email).

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