According 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.
It can be hard to feel too sorry for the lawyer reduced to a stammering mess when an opposing lawyer or judge brings up a precedent the lawyer wasn’t ready for. After all, these kinds of predicaments can be easily avoided with some proper legal research, right? ABA Journal Daily News
The rise in foreclosure filings for August over July was more than double the historic increase between these two months, said Attom Data Solutions. “There is often a seasonal monthly increase in foreclosure activity in August paralleling the seasonal slowdown in the overall real estate market, but the 14% month-over-month increase nationwide this August is…
Michael J. McCarthy has joined Dorsey's Real Estate & Land Use Practice Group in New York as a Partner. )–International law firm Dorsey & Whitney LLP announced today that Michael J. McCarthy has joined the Firm's Real Estate & Land Use Practice Group in New York as a Partner. Foreclosure News
More to the story on Fashion Square mall financial troubles, with owner now accusing its bank of “fraud”a Exclusive scoop on mall owner filing for Chapter 11 bankruptcy Friday morning. More to the story on Fashion Square mall financial troubles, with owner now accusing its bank of “fraud”a Exclusive scoop on mall owner filing for…
You may have heard that buying a short sale is a great way for prospective homeowners to get a property at a bargain price. It's true that you may be able to buy a short sale for a lower price than in a similar home would sell for in a traditional sale. Foreclosure News
In Dan-Harry v. PNC Bank , the Rhode Island federal court concluded that a mortgagor may bring a claim for damages and other remedies against a mortgagee on allegations of failure to conduct a pre-foreclosure face-to-face meeting required for breach of an FHA-insured mortgage. Foreclosure News
