In December, the condo board at One57 , the ultra-luxury skyscraper on Billionaires' Row, slapped the owner of a $ 50.9 million unit with a $ 64,331 bill for unpaid building fees. Six months later, the owner, Nigerian oil magnate Kola Aluko, was under investigation for alleged money laundering.
Earlier this summer my wife and I packed up our house in Minneapolis and moved to Charlottesville. We had been living in Minnesota for the past decade, in a wonderful neighborhood about a mile from the Mississippi River and three miles from downtown Minneapolis. Foreclosure News
African-American homeownership has fallen further in Michigan than in any other state since 2000, and a growing number of low-income renters in Metro Detroit are “being squeezed from all sides” when it comes to finding affordable housing. Those are two just two notable conclusions from a series of reports released by the Urban Institute this…
Workers from Solar City install photovoltaic panels on the roof of a house on Dec. 9, 2013, in San Leandro, Calif. The company, owned by Tesla, relies on monthly payments from solar panel customers. Foreclosure News
A decade on big U.S. banks are still running down and selling off crisis-era mortgages, a process executives point to as weighing on loan growth. FILE PHOTO: Girls walk by a locked and boarded up home in Brentwood, New York February 10, 2012. Foreclosure News
Mortgage servicer Ocwan Financial has been ordered by the state of Illinois to stop making loans, which the company calls a “vast overreach.” Mortgage servicer Ocwan Financial has been ordered by the state of Illinois to stop making loans, which the company calls a “vast overreach.” Foreclosure News
Big Banker reported March 5, 2018: “Sonora Shores luxury housing project on Fassler and Roberts Road has a 04-03-2018 foreclosure date. A Notice Of Sale has been recorded on the property.” Foreclosure News
