Flipping houses never as easy as portrayed on TV – Sat, 29 Apr 2017 PST
Lee Arnold of Cogo Capital walks through the basement of a problem house on N. Cedar last September. Arnold put $ 85,000 into the rehabilitation of the home.
Lee Arnold of Cogo Capital walks through the basement of a problem house on N. Cedar last September. Arnold put $ 85,000 into the rehabilitation of the home.
Bank of America's anti-consumer practices have been the subject of numerous protests in recent years. Thousands demonstrated against the bank's foreclosures in 2011. Foreclosure News
Distressed home sales shot up 25% in the Baton Rouge metro area during the third quarter, according to a new report released today by ATTOM Data Solutions, which curates the nation's largest multisource property database. Nationally, the sale of distressed homes-foreclosures and short sales-dropped to a 10-year low of 12.5%. Foreclosure News
As banks and government tried to stem the flow of foreclosures during the housing crisis there was a lot of debate about what needed to be done and how to do it. The acting director of the Federal Housing Finance Agency, Edward DeMarco fought tooth and nail to prevent Fannie Mae and Freddie Mac from…
Breach of Contract/Damages: court erred by precluding setoff when calculating damages because purpose of award is to restore the injured party to the position it would have realized no for the other party's breach. Asset Management Holdings, LLC, et al v Assets Recovery Center Investments, LLC, et al, Case Nos. Foreclosure News
Bass, Berry & Sims attorney Chris Lazarini provided insight on a lawsuit involving a former broker of Wells Fargo who sued the firm in state court for fraud and personal injury when the company initiated a foreclosure action against him. After losing in state court and on appeal, the plaintiff criticized company employees online and…
In In re Transwest Resort Properties, Inc. , the Ninth Circuit addressed the Chapter 11 reorganization plan approval process where a single plan was proposed for multiple affiliated debtor entities whose cases were being administered jointly. Generally, for “cramdown” plans, the Bankruptcy Code requires that at least one class of impaired creditors vote in favor…