Michigan's Step Forward Program will provide interest-free loans to help get homeowners back on their feet. This program has been funded by the federal government and implemented by the Michigan Homeownership Division of the Michigan State Housing Development Authority .
Some people are calling it a monumental flip: The storied Southwest Portland Ivy estate, with 24,000 square feet of living space and a well-recorded history of ups and downs, sold in October 2017 for $ 4,072,000. Just two years before, in October 2015, after the owner had long defaulted on payments, the property at 4311…
Namely, that it is still a very large hole in the ground and not the 175 acres of apartments, offices and high-end retail space promised by Atlanta-based Thomas Land & Development back in 2014. But in the nation's fastest-growing city – whose growth has been propelled by an influx of exactly the kind of wealthy…
A prominent and influential West Michigan landlord is dodging its commitments to provide low-income housing for its tenants, housing advocates say. Eenhoorn LLC has arranged foreclosures for least seven of its low-income housing developments in Michigan and other Midwest states, said John Smith, a lawyer with Legal Aid of West Michigan. Foreclosure News
The U.S. District Court of Rhode Island denied a large U.S. Bank's attempt to dismiss a case brought by a borrower for, among other things, breach of contract, misrepresentation, and violation of loss mitigation procedures under RESPA and Regulation X. The case stems from a court-ordered meditation of a foreclosure proceeding in which the parties…
One of the greatest achievements in the investing world over the past decade has been the dominance of index funds and the retreat of high-fee mutual funds and financial advisors. Investors, as a class, are starting to understand that attempting to beat the public market is a fool's errand where the only guaranteed return is…
