Prisoner wins parole after getting life sentence for trying to steal hedge clippers in 1997
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
Activists argue Maryland faces another housing crisis unless the state clamps down on hedge funds turning a profit buying distressed mortgages and foreclosing on homes. Advocates, including the Consumer Law Center and the Maryland Consumer Rights Coalition, accuse several hedge funds of purchasing Maryland home loans, not servicing the loans, and aggressively pursuing foreclosures in […]
ABA Journal Daily News
ABA Journal Daily News
A housing crash may be on the horizon. According to one area broker, foreclosures are hitting record low rates not seen since the early 2000s. Foreclosure News
The legal war over 111 West 57th Street is opening along another front. Hedge fund IsZo Capital sued Richard Bianco, the head of the project's former majority owner AmBase Corp., and his family for failing prevent the tower's foreclosure and for allegedly scheming to enrich himself at the expense of shareholders. Foreclosure News
California's Inland Empire was hit hard by the 2008 crisis, with disproportionate foreclosures on poor and working-class families, leaving neighborhoods blighted by empty, vandalized homes. But then a funny thing happened: the rents in these blighted neighborhoods started going up and up and up, so that now 63% of tenants are paying 30% or more […]
Steven Mnuchin, President-elect Donald Trump's choice for Treasury secretary, in the lobby of Trump Tower on Fifth Avenue in Manhattan, Nov. 15, 2016. Mnuchin's dealings as a hedge fund manager and close ties to others in the sector are likely to open him to intense scrutiny at a Senate confirmation hearing. Foreclosure News