What happened to all of those foreclosures?
I get a surprising number of inquiries from people who want to buy bank owned property. During the height of the housing market crash foreclosures were plentiful.
I get a surprising number of inquiries from people who want to buy bank owned property. During the height of the housing market crash foreclosures were plentiful.
Dozens of Amsterdam property owners have paid off back taxes and penalties leading up to the city's foreclosure auction later this year, with excess revenue helping offset expenses. Amsterdam Common Council members approved three resolutions last week amending the current budget to increase the controller's office revenue lines approximately $ 90,000 to offset expenses exceeding…
Manhattan's One57 boasts opulently luxurious condominiums, expansive views of the New York City skyline, and price tags that exclude all but the ultra-wealthy. Oddly, the property is now experiencing its second foreclosure in a month. Foreclosure News
Yet again this week, the Hayne royal commission has brought disturbing news of misconduct toward customers of our largest financial institutions. And by far the most significant category within operational losses was “Clients, Products and Business Practices”. Foreclosure News
From Freddie Mac's weekly survey: The 30-year fixed rate averaged 4.02 percent, three basis points better than last week's 4.05 percent. Thirty-year rates have held steady just above or below 4 percent for the past five weeks.The 15-year fixed averaged 3.27 percent, two basis points better than last week's 3.29 percent. Foreclosure News
Great Ajax Corp. and Ladder Capital Corp are both small-cap mortgage reits companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, profitability, risk, earnings, analyst recommendations, dividends and valuation. 74.9% of Great Ajax Corp. shares are owned by institutional investors. 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