The dispute between lenders and the purchasers at homeowners’ association foreclosure sale regarding superiority of title has embroiled the State of Nevada since at least as early as 2012. Since the issue rose in volume and...more
11/11/2016
/ Appeals ,
Banking Sector ,
Due Process ,
En Banc Review ,
Foreclosure ,
Fourteenth Amendment ,
Homeowners Association (HOA) ,
Liens ,
Mortgages ,
Superiority Claims ,
Wells Fargo
In the wake of SFR Investments Pool 1, LLC v. U.S. Bank, N.A., in which the Nevada Supreme Court held that an HOA foreclosure sale may extinguish a first position deed of trust, lenders have advanced numerous arguments as to...more