The Arizona Supreme Court recently addressed what impact, if any, a lender's credit bid at an Arizona trustee's sale has on an insurer's liability under Sections 2, 7 and 9 of the standard's lender's title policy , holding in Equity Income Partners, LP v. Chicago Title Insurance Company , 241 Ariz.
Lenders who foreclose and take ownership of security property via credit bid at the foreclosure sale often confront a tenant whose lease has been extinguished, but who would rather not vacate the property. A recent decision from California's Second Appellate District – Dr. Leevil, LLC v. Foreclosure News
Shane Merrill lives in a small town in South Dakota that's 1,400 miles from Wall Street, but he watches the numbers as avidly as the traders. Merrill isn't an investment manager. Foreclosure News
ABA Journal Daily News
As Uber and Lyft expand, taxi revenue has fallen by 40% over the past three years, while 42% of cabs in Chicago aren't even operating, according to a study published by the city's taxi driver union and reported by USA Today . This dropoff can be seen in the average monthly income being brought in…
