LM Funding America, Inc. , a specialty finance company offering unique funding solutions to community associations, received a favorable ruling from a Federal District Court judge in Florida regarding a proposed class action lawsuit filed by Wilmington Savings Fund Society, FSB . This is a victory for not only LM Funding, but homeowners associations and responsible home and condominium owners throughout Florida.
The industry lost a Supreme Court battle in 2015 protecting the use of “disparate impact” in housing discrimination cases, but legal observers see potential for the fair-lending tide to turn if Judge Brett Kavanaugh is confirmed to the high court. The 2015 ruling , related to how Texas awards housing tax credits, bolstered the legal…
However, no high school bully, college class, or sporting event ever prepared me for the stress I would find in buying my first home. Foreclosure News
Manhattan U.S. Attorney Geoffrey Berman announced the lawsuit against Rosicki, Rosicki & Associates, which focuses on foreclosure, and its affiliates Enterprise Process Service as well as Paramount Land, a title company. Authorities said the organization engaged in a scheme “to generate false and inflated bills for foreclosure-related expenses and causing those expenses to be submitted…
Paul Volcker, the former chairman of the Federal Reserve, once quipped that the ATM was “the only useful innovation in banking for the past 20 years.” Today's regulators, especially ones taken with the new fintech industry, would do well to remember that new doesn't necessarily mean better for most people. Foreclosure News
Kings County Supreme Court is about to quietly dismiss thousands of foreclosure cases on Tuesday – in what lawyers say will deal a severe blow to homeowners with pending cases. The court said it planned to dismiss all cases filed before Jan. 1, 2016 that have seen no court activity after Sept. Foreclosure News
In September, a fire destroyed the property at 4621 N. Graham Road, after the owner, John Fulling, set a fire before committing suicide, the coroner's office said at the time. Since then, the burned-out building has remained unchanged, despite the town declaring the building unsafe and requiring it to be repaired or torn down, Whiteland…
