Jury awards Garland woman $755,000 in lawsuit alleging foreclosure fraud
Angelica Garcia is an immigrant from Honduras, a widow, and mother of two. Her version of the American dream was a one level brick home on a quiet street in Garland.
Angelica Garcia is an immigrant from Honduras, a widow, and mother of two. Her version of the American dream was a one level brick home on a quiet street in Garland.
The Federal Housing Administration's financial health is benefiting from continued reductions in delinquencies and foreclosures, but the FHA is also losing some of its best customers at a fast clip. The “serious” delinquency rate on FHA-insured home loans dropped to 4.28% in the third quarter of fiscal year 2017, according to an FHA quarterly report…
According to this week's market reports, office leasing in Midtown reached its highest point since 2015 and home prices dropped significantly in the Financial District. In the second quarter, a total of 881 homes were foreclosed for the first time in New York City. Foreclosure News
ABA Journal Daily News
On April 12, 2018, the New York legislature enacted and Governor Cuomo signed, Assembly Bill 9508, a budget bill. Obscured in the budget bill was an amendment to New York law requiring reverse mortgage servicers to provide a pre-foreclosure notice at least 90 days before the mortgage loan servicer commences legal action against the borrower…
This past weekend, the first ever Fyre Festival, a luxury getaway music festival in the Bahamas, turned out to be more like a disaster relief drill than luxury music experience. Thousands of concert goers, who all paid thousands of dollars to be there, were essentially deceived and needlessly put in harm’s way. Rather than luxurious…
ABA Journal Daily News