The Bangor Mall suffered another blow last week when a Maine Superior Court judge ruled it should be placed under control of a receiver that will effectively take over the mall and run its business. What the July 17 decision means for the mall's future remains a question, although the receiver could potentially improve and sell the mall or move it into foreclosure.
In 2015, Oswego developer Thomas Millar had high hopes to rehabilitate a three-story commercial building at 259 JB Wise Place into new upper-floor apartments and renovated commercial space. And now the building is going through foreclosure and Mr. Millar has defaulted on a nearly $ 41,000 loan with the Watertown Local Development Corp., also known…
Two recent federal foreclosure cases applied Texas law and one highlighted a fact situation that may involve a new statute. In Arbuckle v. Foreclosure News
Drafting an ordinance to address abandoned or bank-owned properties not maintained and commonly referred to as “zombie” houses, will be a priority for city officials in 2018. An increased number of homeowners lost their homes in foreclosures during the last decade due to economic issues, said Mayor James Anzaldi. Foreclosure News
Three properties in Glynn County – 7 and 9 10th St. and 100 Butts Road – and four properties in Brunswick – 2227 and 2229 Amherst St. and 1023 and 1025 Martin Luther King Jr. Blvd. – will become land bank properties, assuming a due diligence period shows no complications, and the county finance department…
In the pilot, a select pool of consumers will be given free access to EarnUp for a year. EarnUp allows consumers to manage all of their loans via a single dashboard. Foreclosure News
