HOA forclosure landlord boots dozens from home
In Florida, homeowners' associations can foreclose on homes when owners don't pay their duessometimes for as little as a few thousand dollars. “It was a little over 1300 square feet.
Similar Posts
Fewer Dallas-area residents are late with the mortgage payments
Byadmin
Only 1.2% of Dallas homeowners with a loan were 90 days or more behind in their loan payments as of April. That's less than the 1.9% serious delinquency rate nationwide, according to a new report from CoreLogic. Foreclosure News
Lawyer Who Failed To Forward Warning Letter to Malpractice Insurer…
Byadmin
A letter to a lawyer that directed him to refer it to his professional liability insurance carrier gave the lawyer “a basis to reasonably expect a claim” and his failure to inform his insurer of the letter doomed his bid for coverage under his claims-made professional liability insurance policy of the malpractice action that subsequently…
Senate Passes Economic Growth, Regulatory Relief and Consumer Protection Act
Byadmin
On March 15, 2018, the U.S. Senate passed the Economic Growth, Regulatory Relief and Consumer Protection Act a bipartisan bill that LenderLaw Watch reported on as a piece of legislation to watch back in December. In general, the bill seeks to reduce compliance obligations for smaller financial institutions while maintaining the general integrity of the…
Thomas Juul-Hansen tapped to design new Midtown East skyscraper
Byadmin
Following Gamma Real Estate's purchase of the troubled Sutton Place tower site last December , the developer has now picked Danish bigwig Thomas Juul-Hansen to design the new tower that will rise at the site, the Commercial Observer has learned . After a year packed with legal troubles for the former owner of the site…
State-Level Lending Law Changes; Exec’s Letter to LOs on Locks/Extensions
Byadmin
If you are a residential lender doing business in Nevada, would you ever lend on a condo or residence that has a Home Owner's Association? Good luck. As has been noted in this commentary before, it is problematic. Foreclosure News
Ecclesia College facing foreclosure of state-financed land
Byadmin
A lawsuit has been filed in circuit court in Benton County seeking to foreclose on property owned by Ecclesia College in Springdale that was pledged as collateral on loans. The land includes some $ 700,000 worth of acreage for which state money was shipped to the college through the likely unconstitutional and, at times, criminally…