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Peoria lawmakers’ measure designed to help some low-income home buyers

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The two Peoria lawmakers who sponsored it say that it could make a real difference in preventing people – particularly in low-income areas – from being taken advantage of by unscrupulous sellers. Senate Bill 885 is designed to combat situations in which in some instances “folks were being treated like renters, never built any equity,” even though…

Jim Martin, Boulder County’s public trustee, resigns as office continues to face budget shortfall

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Jim Martin, left, the Boulder County public trustee, goes over the previous week's foreclosure sales with Lowell Campbell, who assists the office in keeping track of the sales, on March 14. The office tasked with handling Boulder County's real estate transactions continues to decline as its financial crisis worsens and two of its three employees…

Fair Housing: Facing the Pain and the Promise

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For months leading up to the REALTORS Legislative Meetings & Trade Expo in mid-May, talk about fair housing ramped up in association and business circles in recognition of the 50th anniversary of the federal law's passage. Commemorations of all sorts have served as important reminders about real estate professionals' obligation to uphold equal housing opportunities…

Civil Practice a ” Interpleader – ” Trusts & Estates – ” Payable on Death IRA – ” Decedent’s Debt

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UBS Financial Services, Inc. v. Banco Popular de Puerto Rico 6:17-cv-00607; D.S.C. Holding: Where the defendant-bank says a portion of a decedent's IRA is necessary to pay a mortgage foreclosure deficiency, but where the IRA was payable on death to the defendant-widow, the court finds it … You may have reached this page due to…

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