Maryland Court Clarifies Rules for Foreign Statutory Trusts in Foreclosure Proceedings
The Maryland Court of Appeals' decision in Blackstone v. Sharma provides much-needed clarity to mortgage debt owners.
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Lender purchases Wyoming hotel at auction with $15.5M bid
ByadminCasper's Parkway Plaza hotel has a new owner as GreenLake Real Estate Fund bid $ 15.5 million at a foreclosure sale to purchase the property. There were no other bidders for the hotel during the public auction, which was held in the entryway of the Natrona County Courthouse. Foreclosure News
Court security officer is accused of emailing photo of defense lawyer’s notes to prosecutor
ABA Journal Daily News
Condemned Shakertown Apartments sold at sheriff’s auction
ByadminThe enduring eyesore at the corner of South Moreland Boulevard and Drexmore Road, across from Dave's Market and the rest of Shaker Square, was recently bought at sheriff's sale. And the new owner, Rakafet Landes, who moved to Cleveland from New York City last year, went over some very preliminary redevelopment plans at the Dec….
Minneapolis officials, developers work to fill hundreds of vacant lots
ByadminYears after the recession rocked some Minneapolis neighborhoods with foreclosures, the city owns hundreds of vacant lots – and pays thousands of dollars a month to keep them tidy. About 400 of the 500 lots are on the North Side, according to the city's department of Community Planning and Economic Development . Foreclosure News
Under City Program, Renters-Turned-Homeowners Could Become Renters Again
ByadminIn the 1970s, New York City turned deteriorating buildings over to low-income tenants to save their homes. But many of the co-ops, which have struggled financially, have foreclosed. Foreclosure News