After the meltdown of the subprime mortgage market and resulting Great Recession came an epidemic of foreclosures. Creditors initiating these foreclosures – mostly investment trusts owning pools of mortgages – often couldn't prove ownership of the loans in question, the amounts owed or both.
The Federal Housing Administration on Thursday extended through May 18 a foreclosure moratorium for certain homeowners in Puerto Rico and the U.S. Virgin Islands, which were devastated last September by Hurricane Maria. Homeowners whose mortgages are insured by the FHA will get an additional 60 days of foreclosure relief on top of the previously-imposed 180-day…
Chief Judge Janet DiFiore gave her first State of Our Judiciary address at the Bronx County Hall of Justice on Wednesday in which she examined her first year as the state's top judge and even praised Brooklyn a couple of times. “I am pleased to report that our judiciary is fundamentally sound, that our trial…
The 30-year fixed mortgage rate on Zillow Mortgages is currently 3.72 percent, up one basis point from this time last week. The 30-year fixed mortgage rate rose last Thursday, then hovered around 3.77 percent before falling back to the current rate early this week. Foreclosure News
WEBVTT >> A LOCAL COLLEGE PREVIOUSLY IN THE SPOTLIGHT DURING A FEDERAL CORRUPTION TRIAL IS NOW BEING SUED. ECCLESIA INCORPORATED.,WHICH STARTED ECCLESIA COLLEGE IN SPRINGDALE IS NAMED IN A FORECLOSURE LAWSUIT SAYING THEY'VE DEFAULTED ON MORE THAN $ 1 MILLION IN LOAN 40/29'S KATIE DAVIDSON JOINS US LIVE IN SPRINGDALE WITH MORE >> THIS LAWSUIT…
A Hillsborough real estate investor pleaded guilty to mail fraud and bid rigging at public auctions of foreclosed properties outside the San Mateo County courthouse in Redwood City, according to the Department of Justice. His plea makes Rosenbledt the 36th person to plead guilty or agree to plead guilty as part of the department's ongoing…
NORTH TONAWANDA, N.Y. – It holds decades of local history; pieces of the Lumber City's past you won't find anywhere else. From antique Wurlitzer pianos to logging artifacts, even family heirlooms. Foreclosure News
