Homeless shelter given foreclosure reprieve – for now
The bank trust that owns its liens was trying to foreclose on the well-respected Bed-Stuy homeless shelter for women and children.
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ByadminCongratulations to the Alaska Housing Finance Corp. for being one of the best-managed public housing agencies in the nation. Established 45 years ago to provide “Alaskans access to safe, quality, affordable housing,” its mission is perhaps more important today than ever before. Foreclosure News
Judicial Foreclosure Sales are Immune to Preference Challenges
ByadminThe Bankruptcy Court for the Western District of Pennsylvania has recently held that a pre-petition foreclosure of a debtor's real property, conducted in accordance with state law, is not subject to attack as a preference under 11 U.S.C. 547. [1] There, the holder of the first mortgage on the property commenced foreclosure proceedings against the…
Maryland accelerates foreclosures on abandoned and vacant properties.
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Birdmana s multimillion-dollar Miami Beach home faces foreclosure
ByadminWith seven bedrooms and 11 bathrooms, Bryan “Birdman” Williams' Miami Beach “birdhouse” was listed for $ 20 million over the summer. The asking price was just reduced to a more affordable $ 16.9 million. Foreclosure News
One Arrest Following Foreclosure Fire
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Detroit foreclosure buy-back expansion faces time crunch, funding uncertainty
ByadminKaren Russell, right, fills out paperwork with a United Community Housing Coalition staffer. Russell is hoping to buy the southwest Detroit home she's been renting for a year out of foreclosure through a city buy-back program. Foreclosure News