The number of foreclosure filings, which include default notices, auctions and bank repossessions, dropped 19% nationwide from a year ago during the first quarter, affecting only roughly 235,000 properties, according to a report released Thursday by real-estate data firm Attom Data Solutions. That figure represents the lowest level of foreclosure activity reported since the third quarter of 2006.
Kings County Supreme Court is about to quietly dismiss thousands of foreclosure cases on Tuesday – in what lawyers say will deal a severe blow to homeowners with pending cases. The court said it planned to dismiss all cases filed before Jan. 1, 2016 that have seen no court activity after Sept. Foreclosure News
In PMC Aviation 2012-1 LLC et al. v. Jet Midwest Group, LLC et al. , No. 654047/2015, BL221447 , Commercial Division Justice Shirley Kornreich denied a motion to dismiss a fraudulent inducement claim by an LLC member against its business partner. Foreclosure News
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This comes months after mounting legal troubles with Upper Padre Partners – the group who built the Corpus Christi waterpark with plans to transform 500 acres of island real estate into a waterfront attraction similar to the San Antonio Riverwalk. The partnership is made up of the Henry family, which owns Schlitterbahn, and real estate…
As anniversaries go, it's not much of one to celebrate, but this year the foreclosure crisis marks its tenth year. Since Mid-2007, more than 7.8 million homes have been foreclosed according to a new retrospective, published by CoreLogic, on the ten-year rise and fall of the cycle. Foreclosure News
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