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.
The Maryland Court of Appeals' decision in Blackstone v. Sharma provides much-needed clarity to mortgage debt owners.
Two New Jersey programs that provide financial assistance to homeowners on the brink of foreclosure are temporarily suspending acceptance of applications, a state official said this week, bringing an indefinite hiatus to a set of funds that have helped thousands of residents stay afloat in the aftermath of the Great Recession. New Jersey's HomeKeeper and…
TPI Triunfo Participacoes & Investimentos SA has sued a Brazilian regulator over delays in a toll road project that forced the debt-laden infrastructure firm to embark on a painful restructuring, two people familiar with the matter said. Last week, Triunfo filed a lawsuit at the 5th Civil Court of Brasilia against transportation industry watchdog ANTT,…
ABA Journal Daily News
A judge Monday confirmed the foreclosure sale of the Wausau Center Mall and an attorney for the owners promised “the mall is going to stay intact, at least the main part.” Marathon County Sheriff Scott Parks reported that a limited liability company named RSS WFRBS2011C4 WCPC was the highest bidder at $ 12.8 million for…
The building that houses Richard's Restaurant & Gentlemen's Club at 1732 Altamont Ave. is being threatened with foreclosure, according to a recent public notice. The 3,900-square-foot building, which sits on a 0.40-acre site, is scheduled for auction March 23 at noon on the steps of the Richmond Circuit Court building. Foreclosure News