Homeowners blast Southfield over foreclosures
A group of Southfield homeowners are about to lose their homes and they say they're being targeted by the city's greed. The city says it all comes down to paying your taxes.
A group of Southfield homeowners are about to lose their homes and they say they're being targeted by the city's greed. The city says it all comes down to paying your taxes.
The state of Michigan recently enacted House Bill No. 4470 that amends the provisions of Michigan statutes relating to foreclosure by advertisement, specifically MCLS 600.3204 and 600.5807. Foreclosure News
We could see a pop to 30,000 the new tax bill. But after setting dozens of new records in 2017, expect the upward trend to be halted with the headwind of higher interest rates in 2018. Foreclosure News
Foreclosures have continued to drop this year, keeping the area at what experts consider a normal level of troubled homeowners. At midyear, fewer than 1% of the homes in Sarasota, Manatee and Charlotte counties were stuck in the foreclosure mill, well below the peak of the recession when the area posted one of the highest…
The troubled Bangor Mall, which has been headed for foreclosure after defaulting on a loan in October 2017, faces more problems. A company representing its lenders filed a motion in Penobscot County Superior Court in Bangor on July 5 seeking to appoint a receiver to protect the interests of the lenders. Foreclosure News
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On December 11, 2017, Locke Lord obtained a dismissal with prejudice of a punitive class action. In Leones v. Foreclosure News