Evanston Insurance Co. was not obligated to pay for the defense and investigation costs of an attorney who was sued in a class action and investigated by the Colorado attorney general because the allegations made against him involved overbilling, not professional services, says a federal appeals court, in affirming a lower court ruling.
Economic forecasters say there are early signs that rates of growth in Maine's economy this year have proved somewhat lower than in 2016. The revenue forecasting committee said despite this, gasoline and heating oil prices remain low, personal income continues to rise and mortgage delinquencies and foreclosures continue to decline. Foreclosure News
When a homeowner can't make his mortgage loan payments and the lender repossesses the property, the home becomes foreclosed and is typically available for sale soon after. Foreclosure News
Gov. Tom Wolf signed the Vacant and Abandoned Real Estate Foreclosure Act last week, aimed at tackling the eyesore of blighted properties . It is in conjunction with another bill he signed last week allowing redevelopment authorities more power to remove blighted properties. Foreclosure News
Black Knight: Hurricane Harvey Could Result in 300,000 New Mortgage Delinquencies, with 160,000 Borrowers Becoming Seriously Past Due Harvey-related disaster areas contain over twice as many mortgaged properties as those connected to Hurricane Katrina in 2005, carrying nearly four times the unpaid principal balance Post-Katrina mortgage delinquencies in Louisiana and Mississippi FEMA-designated disaster areas soared…
In 2005, everyone I knew was buying real estate. With no experience and no money, they bought properties they couldn't afford and were convinced they were going to make a fortune. Foreclosure News
