Marc A. Hebert’s Money Sense: Home buyers need to understand terms of any mortgage clauses
There are many different types of clauses and these are subject to state and federal law.
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Columbiana County Common Pleas
ByadminMichael E. Wilson, 47, Sandusky, was placed on four years community control after pleading guilty in Columbiana County Common Pleas Court on Monday to non-support of dependents. Wilson failed to make adequate payments between July 2002 and continuing through July 2008, leading to an accumulated arrearage of about $ 34,192. Foreclosure News
NJ Housing-Mortgage Finance Agency Targets Foreclosure Via New Counseling Program
ByadminStepping up foreclosure prevention efforts in New Jersey, the Murphy Administration unveiled a new housing counseling initiative, which will work with and enhance New Jersey's existing court mediation program, and is aimed at helping up to 2,000 threatened homeowners, Lt. Gov. Sheila Y. Oliver announced Aug. 14 in a release. Foreclosure News
Great Ajax Corp. (AJX) Downgraded by Zacks Investment Research to Strong Sell
ByadminAccording to Zacks, “Great Ajax Corp. is a real estate investment trust which acquires, invests and manages a portfolio of mortgage loans secured by single- family residences and single-family properties. The company invest in loans secured by multi-family residential and commercial mixed use retail/residential properties. Foreclosure News
Crystal will be up for public action in September
ByadminThe iconic restaurant at 85-87 Public Square was taken out of bankruptcy last year and has now gone through foreclosure proceedings after former owner Ricky E. Frazier failed to remain current on his mortgage payments. Last week, State Supreme Court Judge Norman W. Seiter Jr. ordered the public auction to take place on Sept. Foreclosure…
Tax foreclosures of owner-occupied Detroit homes down 88 percent since 2015
ByadminTax foreclosures of owner-occupied homes in Detroit have been reduced by 88 percent over the past two years, Wayne County and Detroit officials announced Tuesday morning. There were 786 tax foreclosures of owner-occupied homes in Detroit this year, compared to 6,408 in 2015, officials said. Foreclosure News
Don’t Miss Out on Important Disaster Recovery Assistance Deadlines
ByadminORLANDO, Fla . – The Federal Emergency Management Agency is reaching out to remind you of important dates and deadlines as you proceed with your recovery from Hurricane Irma. Foreclosure News