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.
Rising home prices have helped slacken the pace of foreclosure starts, according to The Warren Group, which reported Tuesday that June foreclosure petitions were down 18.3 percent compared to last year. The 5,783 foreclosure petitions filed in the first six months of 2017 is 12.6 percent lower than the number in the first half of…
The housing ATM is back in service! Black Knight Financial Services reports that 44 percent of Q4 refinances were cash-outs, highest equity drawn in eight years. Have you heard the good news brothers and sisters? The housing ATM is now back in working order. Foreclosure News
Three California residents have been sentenced for stealing about $ 11 million from homeowners facing foreclosure by pretending to be a government program or nonprofit offering financial help. The Orange County Register reports a federal jury in Virginia convicted the trio earlier this year of mail fraud, wire fraud and conspiracy to commit fraud. Foreclosure…
Bobby Digi Olisa — one of three Democrats vying for a soon-to-be vacated seat in the New York State Assembly and a community activist for decades — has been dogged by whispers of impropriety throughout his time working on the North Shore. Those whispers become louder after he declared for the Assembly seat, with accusations…
Jacob Inwald of Legal Services NYC writes: Important changes governing pre-foreclosure notices and settlement conferences for reverse mortgages were signed into law on April 20, 2017, requiring 90-day pre-foreclosure notices in all reverse mortgage foreclosures and requiring settlement conferences in many reverse mortgage cases. Foreclosure News
East County resident Troy Snyder, the pop in a mom-and-pop business, admired the Braden River as he drove into the Marshall's Landing subdivision. However, sitting high in his bulldozer, he quickly set his eyes back to the task at hand – moving concrete blocks that were being used to build homes. Foreclosure News
