Can a Lender’s Failure to Provide a Promised Refinancing be an…
When a borrower asserts an alleged violation of N.C. Gen. Stat. 75-1.1 against a lender, the claim often presents a familiar fact pattern.
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City struggles to sell blighted homes
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The city acquired this Cuyler Brownville house at 620 W. 42nd St. in 2005 and is considering demolishing it and offering the property for sale to an adjoining property owner for additional yard space due to the small lot size. The house was purchased as part of a neighborhood redevelopment plan that city officials said…
King of Diamonds Landlords Sued for Foreclosure After Allegedly Defaulting on Mortgage Payments
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Hip-hop has turned Miami strip club King of Diamonds into a codeine-hazed Shangri-la where you're apt to run into superstars such as Drake, Lil Wayne, or Rick Ross casually lighting the club up on a Tuesday . King of Diamonds is, famously, the place where reality TV star Blac Chyna danced before she began dating…
Unearthing the Wisdom in Finance
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The world of banking and finance has earned more than a little opprobrium in recent years. Some of the black marks: The pumped-up subprime loan and layered derivatives mortgage crisis, which led to the Great Recession; the false, “robo” signed affidavits that led to people losing their homes through illegal foreclosures; the LIBOR and foreign…
Selling a Beacon Hill condo this winter
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Many of our Beacon Hill condo owners have been contacting us recently and exploring the possibility of selling their home. They are increasingly seeing their neighbors sell for full list price, or even above the list price, which are already above market value. Foreclosure News
Man facing fraud charges over 2 Orange County homes set to go into foreclosure
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A 65-year-old man faces charges of fraudulently stonewalling a financial institution for years in its efforts to foreclose on his properties in Dana Point and Los Alamitos, a prosecutor said Thursday. Reynaldo Francisco Marques is charged with multiple felony charges, including grand theft and attempt to file false/forged instruments with sentencing enhancement allegations of property…
Foreclosure rate drops to all-time low in Twin Cities
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The foreclosure rate in the Twin Cities metro is at an all-time low and is now one of the lowest in the U.S. It's a development, however, that's partly the result of underlying troubles in the housing market: a shortage of listings and tight credit. During the first half of the year, the foreclosure rate…