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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City of Fargo condemns house, orders demolition within next…
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In a rare move, Fargo City Commissioners have ordered demolition of a vacant, 120 year old house at 1011 5th Avenue South, condemned and declared a dangerous building by the city. The decision was made at a hearing before the commission Monday. Foreclosure News
CFPB Announces Changes to Mortgage Servicing Rules
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On October 4, the Consumer Financial Protection Bureau announced changes to its mortgage servicing rules. The Bureau issued an interim final rule to provide mortgage servicers more flexibility and certainty around requirements to communicate with borrowers under the CFPB's 2016 mortgage servicing amendments. Foreclosure News
LI couple evades foreclosure as deadline passes
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If you used an Optimum login , click the Connect Account button to use your Optimum login info to manage your Newsday subscription account. If you used a Newsday login , it looks like it's not connected to an active subscriber account. Foreclosure News
Judge orders foreclosure on Xcel Sports Complex
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The unfinished, multi-million dollar sports facility is owned by Xcel Sports Complex LLC, which in turn is owned by Dr. Todd G. Goldbeck. Goldbeck also owns Xcel Sports Training Inc. The judgement of foreclosure was one of five claims of relief requested by Summit and that came during a motion hearing overseen by Dane County…
KPFA Radio put at risk by $1.8 million judgment against Pacifica Foundation
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Dec. 28, 2017 – Legendary KPFA Radio , 94.1 FM, in Berkeley has reportedly been placed at risk due to $ 1.8 million awarded in a summary judgment to Empire State Realty Trust, Inc. . Additionally, attorney's fees against the Pacifica Foundation and WBAI Radio in New York, KPFA's sister station in the Pacifica network,…
Unearthing the Wisdom in Finance
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The world of banking and finance has earned more than a little opprobrium in recent years. Some of the black marks: The pumped-up subprime loan and layered derivatives mortgage crisis, which led to the Great Recession; the false, “robo” signed affidavits that led to people losing their homes through illegal foreclosures; the LIBOR and foreign…