Harrop: Freeing predators to bilk little people hurts everyone
The most vivid takeaway from the financial meltdown of 10 years ago was that nearly everyone got hurt. Stock investors took a beating.
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Cobb houses selling quicker and avoiding the auction block
ByadminCobb saw 170 properties advertised for foreclosure for the March auction, down from the 231 properties advertised at this time last year. Foreclosure News
BofA neglects foreclosures in minority neighborhoods, activists allege
ByadminBank of America allows foreclosed houses in black and Hispanic neighborhoods to fall into disrepair even as it studiously maintains bank-owned homes in white areas, housing activists allege. The nonprofit National Fair Housing Alliance on Tuesday filed suit accusing one of the nation's largest financial institutions of “systematic” discrimination. Foreclosure News
Chatsworth Father-Daughter Found Guilty $30 Million – Foreclosure Scheme
ByadminA father and daughter from Chatsworth were convicted for their roles in a family-run mortgage relief fraud scheme that siphoned $ 30 million from homeowners and banks. Jamie Matsuba, 33, and Thomas Matsuba, 67, were each found guilty in Los Angeles federal court of conspiracy to commit wire fraud, making false statements to federally insured…
Florida struggles with top job in Irma’s wake: Restoring power to millions
ByadminFlorida's tourism business is worth more than $ 100 billion, and Hurricane Irma has put a dent in it. Even as some major theme parks re-open and airlines resume flights this week, some destinations face long roads to recovery, and workers will suffer from lost wages and tips. Foreclosure News
Should Lenders Mail Unsolicited Checks to Potential Borrowers?
ByadminQ. My brother, who has a history of credit problems, recently got an unA requested check in the mail for $ 1,200. He was invited to cash it, as a loan from a company called Mariner Finance. Foreclosure News
New Nevada Laws Governing Commercial Foreclosure and Receivership
ByadminWith the financial crisis still in mind and the potential “wall of maturities” perpetually on the horizon, the Nevada Legislature has enacted two bills addressing commercial real property foreclosure and commercial real property receiverships. Turning first to commercial foreclosures, the Nevada Legislature previously enacted legislation requiring foreclosing lenders to provide an affidavit of authority indicating…