McGlinchey Stafford PLLC is pleased to announce new attorney and practice area listings in the 2018 edition of The Best Lawyers in America A . The firm was top-listed in Louisiana in the area of Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law.
The I-Team found the troubling trend by analyzing data provided Property Shark, a company that monitors every foreclosure in New York City The I-Team found the troubling trend by analyzing data provided by Property Shark, a company that monitors every foreclosure in NYC Out of more than 900 properties purchased at foreclosure auctions in 2016,…
In their Financing column, Jeffrey B. Steiner and Jason R. Goldstein discuss how the prepayment of a loan in commercial real estate transactions may result in unanticipated economic consequences and write: Counsel representing lenders must take care when drafting provisions designed to protect their clients against the risks associated with prepayments by borrowers. For the…
The two Peoria lawmakers who sponsored it say that it could make a real difference in preventing people – particularly in low-income areas – from being taken advantage of by unscrupulous sellers. Senate Bill 885 is designed to combat situations in which in some instances “folks were being treated like renters, never built any equity,” even though…
Blame it on the housing shortage: Existing-home sales posted their largest declines on an annual basis in more than three years, the National Association of REALTORS reported Wednesday. All major regions of the U.S. saw monthly and annual sales decline in January. Foreclosure News
Years after the worst of the housing crisis, states still dealing with high foreclosure activity are weighing laws to speed the process on vacant or abandoned properties. Maryland Gov. Larry Hogan is expected to sign a bill soon that would fast-track the foreclosure process for abandoned or vacant properties. Foreclosure News
When California received $ 410 million as part of a settlement with banks accused of abusive foreclosures, the state used most of the money to offset state deficits. Now an appeals court says the state must return the funds to help homeowners hurt by the foreclosures — like it was supposed to do in the…
