The CEO still has 1,000,000 shares that are not fully vested, therefore his interests are aligned with shareholders. Manhattan Bridge Capital has experienced a significant drop in price, giving the prospective investor a chance to establish a position with a high margin of security.
Banco Santander SA has acquired Banco Popular Espanol SA in an overnight auction for the notional amount of EUR1 after the European Central Bank determined that Spain's No. 6 bank by assets was “failing or likely to fail.” Foreclosure News
VINOD K. KAURA et al., Plaintiffs and Respondents, v. STABILIS FUND II, LLC, Defendant and Appellant; CITY OF INDIO, Intervener and Respondent. Foreclosure News
ATTOM Data Solutions , has released its Q2 2018 U.S. Home Flipping Report, which shows that homes flipped in the second quarter of 2018 yielded an average gross return on investment of 44.3 percent, down from 47.8 percent in the previous quarter and down from 50.0 percent in Q2 2017 to the lowest average gross…
On Thursday, City Council advanced amendments to legislation passed last June that would reduce tax foreclosures, but never was enacted due to a quirk of legislative timing. The bill, championed by Council President Darrell Clarke, was the subject of negotiations with Mayor Jim Kenney's administration over the summer. Foreclosure News
On June 26, 2017, Governor Scott approved House Bill 1237, changing or amending a number of statutes regulating condominium associations. These statutes address conflicts of interest and access to official records, changes substantially based on a final report by a Miami-Dade County grand jury, titled Addressing Condo Owners' Pleas for Help: Recommendations for Legislative Action…
A lawyer for Legal Aid of West Michigan is accusing Eenhoorn LLC of racketeering for putting its rental communities through a foreclosure process to escape its obligations to provide low income housing. In a lawsuit filed in federal court last week, John P. Smith claims Eenhoorn “engaged in a pattern of racketeering” when it put…
