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.
Steve Lockwood and Michelle Lucas with the Frayser Community Development Corp. stand in the yard of one of the properties they recently rehabbed in the Frayser community. By almost all accounts the Memphis housing market is firing on all cylinders almost everywhere, but for some neighborhoods hit hardest during the housing crisis like Frayser, the…
The bank said in a filing Friday the error caused about 625 customers to be denied, or not offered, loan modifications they otherwise qualified for. Foreclosures were completed in about 400 of the cases. Foreclosure News
As the cost of housing rises, young adults may be reconsidering their ability to afford children, a Zillow report says There are a number of factors economists examine to determine the current and future health of the housing market, such as available inventory, home price growth and foreclosure rates. But there are other, seemingly unrelated…
The average rate on a 30-year fixed-rate mortgage was unchanged, the 15-year fixed rate fell one basis point and the 5/1 ARM was unchanged, according to a NerdWallet survey of daily mortgage rates published by national lenders Thursday. The 30-year, fixed-rate mortgage is six basis points lower than one week ago, and 27 basis points…
I enjoy writing about gold and Bitcoin in the same article because it serves a deep seeded perverse need within my being. Addressing two of the most emotional and passionate groups of investors and traders in one piece invited some of the most interesting and thought-provoking debates. Foreclosure News
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