In Zullo v. HMC Assets, LLC , the Massachusetts Land Court has issued a judicial about-face in deciding that a mortgage holder lacks standing to foreclose if that holder never possessed the mortgagor's original promissory note even if that holder can submit a lost note affidavit from a predecessor holder.
The current struggles of the oil-based economy of the Houma-Thibodaux, La., area has led to an increase in foreclosures, a new report says. Attom Data Solutions, curator of the nation's largest fused property database, released its 1Q and March 2017 U.S. Foreclosure Market Report earlier this month. Foreclosure News
July 24, 2018 – As a free community service to help those fearful of losing their homes, the Nassau County Bar Association offers Free Legal Mortgage Foreclosure Consultation Clinics. Held twice a month to meet the demand, the next two clinics are scheduled for Monday, August 6 and Monday, August 20, 2018, 3 – 6…
Acting Consumer Financial Protection Bureau Director Mick Mulvaney hasn't said yet whether he will keep public consumer complaints about banks, credit unions and other financial firms, but a former Ohio attorney general is gearing up just in case. Marc Dann, now a lawyer in private practice who represents mortgage borrowers in foreclosure, said he plans…
The mortgage delinquency rate dipped to a 12-year low, but overvalued housing markets and eventual reversal in the unemployment rate present risk for future delinquencies, according to CoreLogic. About 4% of mortgages reached or maintained a state of delinquency or foreclosure in August, a drop off from 4.6% year-over-year and a month-over-month edge down from…
That should not be a partisan issue. Yet, the president's proposed budget would completely eliminate funding for the Legal Services Corporation, which is the largest source of legal aid funding in the United States. Foreclosure News
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