Standing
Standing is a party’s legal right to bring a claim or ask a court for relief. It comes up both as a constitutional limit on federal courts and as a practical question in debt and foreclosure cases: who may enforce the obligation?
Federal statutes, Federal Rules of Civil Procedure and federal courts.
Standing is a party’s legal right to bring a claim or ask a court for relief. It comes up both as a constitutional limit on federal courts and as a practical question in debt and foreclosure cases: who may enforce the obligation?
Securitization pools loans or receivables and sells interests in the pool to investors. Those interests are securities regulated by federal and state securities laws.
For most residential mortgage loans, federal mortgage servicing rules in Regulation X limit when a servicer may start foreclosure and how it must handle loss mitigation applications.
A motion in a jury trial arguing that a reasonable jury would not have a legally sufficient evidentiary basis to find for a party on an issue.
A post-verdict motion renewing an earlier Rule 50(a) motion.
A request that the court grant a new trial on all or some issues.
A request that the court change its judgment.
A request to fix a clerical mistake, or a mistake arising from oversight or omission, in a judgment, order or other part of the record.
A motion asking the court to relieve a party from a final judgment, order, or proceeding for one of the reasons listed in Rule 60(b).
Requests after judgment for costs and, where a statute, rule or contract allows, attorney’s fees.
LAWTOPOLIS
The Law as Written. The Law as Applied.