Moody's ratings agency says Cyprus' new securitisation framework will create a secondary market for loans, which in turn will support the reduction of Cypriot financial institutions' stock of nonperforming loans . However, the agency was uneasy about the full the extent of powers afforded the Central Bank of Cyprus in this process.
Attorney General Mark R. Herring is encouraging Virginians to use National Consumer Protection Week as a time to familiarize themselves with the risks associated with small-dollar loans including payday, auto title, open-end, and online loans, and to understand their rights when taking out one of these potentially risky loans. “Too often these small dollar loans…
From afar, my old house looks the same. It's still a powdery, medium-blue single story with a white porch out front. Foreclosure News
As rising home prices, slow new home construction, and demographic shifts push homeownership rates to 50-year lows, the U.S. is increasingly a country of renters – and landlords. Last year, 37 percent of homes sold were acquired by buyers who didn't live in them, according to tax-assessment data compiled in a new report published by…
Lavine, Prescott and Bishop, Js.Francis Lieto, with whom, on the brief, was Nicole L. Barber, for the appellant . Benjamin T. Staskiewicz, for the appellee . Foreclosure News
New York-based Gamma Real Estate and Bamcap Partners of Farmers Branch say that the 175-acre development on the Dallas North Tollway has defaulted on its loans. The lenders postponed the foreclosure in May and last week but have set a new forced sale date in early May, according to Addison-based foreclosure listing service which tracks…
