Florida Second District Court of Appeal Ruling Highlights the…
Florida's Second District Court of Appeal recently held that a mortgagee failed to demonstrate it satisfied the condition precedent in a residential mortgage foreclosure. Allen v.
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Equities Research Analysts’ Downgrades for July, 4th (AJX,…
ByadminAccording to Zacks, “Great Ajax Corp. is a real estate investment trust which acquires, invests and manages a portfolio of mortgage loans secured by single- family residences and single-family properties. The company invest in loans secured by multi-family residential and commercial mixed use retail/residential properties. Foreclosure News
Mechanica s liens prompt foreclosure action on Top Capital project
ByadminThe mortgage holder for the $ 18 million Chateau at Heritage Square senior living community in the Town of Sweden has filed suit to foreclose on the loan. S&T Bank of Indiana, Pa., filed papers in state Supreme Court in Monroe County earlier this month, calling due an outstanding balance of $ 13,986,678 on the…
The Hague Securities Convention – II. What do these provisions accomplish?
ByadminThe cited provisions are choice-of-law provisions that select the governing law for the intermediary account agreement, which under the Hague Securities Convention will then also dictate the governing law for other issues regarding the securities, enumerated in Article 2 of the Convention, such as perfection of liens and priority of interests. By designating the governing…
Jim Martin: Perfect storm likely to keep housing costs rising
ByadminI have good news and bad news to report from the Boulder County Public Trustee's office. The office has dealt with an incredibly low foreclosure total of just 12 homes in the first six months of 2017 – the smallest first-half total in at least 60 years and significantly lower than other major Colorado counties….