4 Ways to Prepare for Major Homeowner Expenses
Being a homeowner isn't cheap or easy. Here are some ways to access relatively cheap money for planned renovations and unplanned emergencies.
Being a homeowner isn't cheap or easy. Here are some ways to access relatively cheap money for planned renovations and unplanned emergencies.
The Massachusetts attorney general sued a unit of Ocwen Financial Corp on Friday, accusing the mortgage servicing company of engaging in abusive practices that harmed thousands of homeowners in the state. The lawsuit, filed in Suffolk County Superior Court, came a week after the U.S. Consumer Financial Protection Bureau, the Florida attorney general and more…
Non-bank lender Thinktank is targeting the self-managed super sector with two new trusts that give them an exposure to small-scale commercial assets that generally have performed better in distressed times than larger-scale properties. Thinktank's move reflects the resurgent interest in mortgage-backed funds, which dwindled after hitting problems during the global financial crisis. Foreclosure News
The Ron Finley Project, the beloved South L.A. community garden that braved a months-long court battle after being threatened with eviction earlier this year, is keeping its roots firmly planted on Exposition Boulevard. Owing to a successful crowd-funding campaign and donations from some of the biggest names in the organic food industry, the nonprofit raised…
The worst of the residential foreclosure crisis may be in Connecticut's rearview mirror, but a recent report still ranks the state high among all states for homeowners with troubled mortgages. In 2017, one in 128 properties was in a stage of foreclosure in Connecticut, placing it fifth highest behind New Jersey, Delaware, Maryland and Illinois,…
Assessor Mark Peterson reported Tuesday to the county board sales of existing houses in the county are up about 6 percent this year over 2016. Through September, there were 803 arms-length property sales this year, compared with 756 last year. Foreclosure News
In First Southern National Bank v. Sunnyslope Housing Limited Partnership , No. 12-17241 , the Ninth Circuit Court of Appeals, in an en banc decision, held that, for purposes of confirmation of a plan of reorganization over a mortgagee's objection, the value of the mortgagee's secured claim was the value of the property as low…