8th Circuit affirms lower court on non-judicial foreclosures by out-of-state banks | Arkansas Blog

Tuesday, July 9, 2013

8th Circuit affirms lower court on non-judicial foreclosures by out-of-state banks

Posted By on Tue, Jul 9, 2013 at 1:22 PM

For the legal/financial gnomes:

The U.S. 8th Circuit Court of Appeals today affirmed a lower court ruling that a national banking association (J.P. Morgan Chase) not registered to do business in Arkansas may still use non-judicial foreclosure procedures in Arkansas.

This issue balled up foreclosures for a time after a bankruptcy judge had said out-of-state lenders were out of compliance with state rules. District Judge Leon Holmes later rejected that interpretation and he was upheld today.

Tags: , , ,

From the ArkTimes store

Favorite

Comments

Subscribe to this thread:

Add a comment

More by Max Brantley

Readers also liked…

  • Judge Griffen: Why black lives matter

    Another few words from Judge Wendell Griffen growing from the controversy over the sale of Black Lives Matter T-shirts at the state black history museum — removed by the administration and restored after protests from Griffen and others stirred by a story in the Arkansas Times:
    • Mar 13, 2016
  • Kenneth Starr: A comment from Betsey Wright

    Betsey Wright, former President Bill Clinton's chief of staff when he was Arkansas governor, responds bitterly to a New York Times article today quoting Whitewater Prosecutor Kenneth Starr's warm words about Clinton. She can't forget the lives Starr ruined in Arkansas.
    • May 24, 2016
  • Civil War over in Fort Smith; lawyer strikes his Rebel mascot battle tent

    KSFM reports that Joey McCutchen, the lawyer who's been trying to restart the Civil War in Fort Smith over the School Board's decision to drop the Rebel mascot and related trappingsfor Southside High School, is dropping his School Board takeover campaign.
    • May 27, 2016

Most Shared

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation