How America’s foreclosure capital came back from the dead
Whenever he wants to see his old house, Nezam Juman walks to the edge of his waterfront property and peers around the river's bend. He can just see the roof behind some trees.
Whenever he wants to see his old house, Nezam Juman walks to the edge of his waterfront property and peers around the river's bend. He can just see the roof behind some trees.
SYDNEY, December 01 Fitch Ratings has upgraded four and affirmed 33 tranches from 14 Medallion Trust Series RMBS transactions. The transactions are securitisations of first-ranking Australian residential mortgages originated by Commonwealth Bank of Australia and Homepath Limited, CBA's wholly owned subsidiary that originates home loans online. Foreclosure News
The percentage of U.S. mortgages in the process of foreclosure at the end of the first quarter fell to its lowest level since the first quarter of 2007, the Mortgage Bankers Association said on Tuesday. The share of home loans in foreclosure was 1.39 percent in the first three months of 2017, down 14 basis…
A Winnipeg couple have been given back title of their home after a an 11-year court battle against local businessman Richard Boon, who they say swindled them out of their home. Venni and Rosa Sartor have been fighting the case since 2007, saying they were swindled out of title to their West Kildonan home by…
The stalled Las Olas Ocean Resort across from Fort Lauderdale Beach is headed for an Aug. 15 auction after months in U.S. Bankruptcy Court. The stalled Las Olas Ocean Resort across from Fort Lauderdale Beach is headed for an Aug. 15 auction after months in U.S. Bankruptcy Court. Foreclosure News
If any of this applies to you, this is a serious situation and you might be on your way to foreclosure. The easiest thing to do is ignore any phone calls from your lender or the demand letter that they may have sent to you, but doing so is really the worst thing you can…
Link to Fitch Ratings' Report: Illawarra Series 2017-1 RMBS Trust here SYDNEY, May 14 Fitch Ratings has assigned expected ratings to Illawarra Series 2017-1 RMBS Trust's mortgage-backed floating-rate notes. The issuance consists of notes backed by Australian residential mortgages originated by IMB Ltd. The ratings are as follows: AUD276.00 million Class A notes: 'AAA sf';…