Farewell: Mark D'Arcy, Wells Fargo's chief operational risk officer, whose job includes oversight over regulatory reviews, annual stress tests and living wills, is leaving, effective next Tuesday, after about a year and a half with the bank. Mark Weintraub, the bank's chief auditor for consumer banking will take over.
Foreclosure starts have begun to edge up in some of the nation's hottest housing markets, an unsettling development that worries some economists. Nearly a quarter of the nation's large metro areas saw upticks in foreclosure starts, the point when banks take the first step to foreclose on a delinquent home loan, in the third quarter…
How do you sell a long-vacant Skaneateles mansion that's been so vandalized and caused so much trouble that town officials have started the process to tear it down? Toss in that the place is called a zombie home – an unoccupied and ill-maintained property caught in limbo in foreclosure proceedings – and you have a…
Florida's Third District Court of Appeal issued an opinion yesterday that highlights the perils of de novo review. De novo review is the broadest standard of review for an appellate court, reserved for construing pure matters of law, and is often an appellant's best opportunity for reversal. Foreclosure News
MOSCOW/LONDON, December 04 Fitch Ratings has affirmed Alfa-Bank's Long-Term Issuer Default Rating at 'BB+' and its Cyprus-based holding company ABH Financial Limited at 'BB' with Stable Outlooks. A full list of rating actions is at the end of this commentary. Foreclosure News
Q: What is the difference between a judicial foreclosure and a non-judicial foreclosure? Several years ago, I lent what I then called a friend some money to buy a house, and we put a mortgage on the property. He doesn't want to pay so I am exploring all options. Foreclosure News
African-American homeownership has fallen further in Michigan than in any other state since 2000, and a growing number of low-income renters in Metro Detroit are “being squeezed from all sides” when it comes to finding affordable housing. Those are two just two notable conclusions from a series of reports released by the Urban Institute this…
