Miami has become a mortgage lender's worst nightmare. We have also become a nightmare for foreclosure mills like Orlans Associates and Trott Law! Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers in Michigan.
Bass, Berry & Sims attorney Chris Lazarini examined a case of alleged breach of trust and breach of fiduciary duty against a bank acting as the indenture trustee related to a foreclosure action on defaulted mortgage revenue bonds. The trial court granted summary judgment for the bank, which was later affirmed, since under Ohio law,…
The foreclosure resulted from an ongoing struggle to manage the pre-makeover mortgage plus additional expenses from property taxes and insurance. Bank forecloses on 'Extreme Makeover' homeowner The foreclosure resulted from an ongoing struggle to manage the pre-makeover mortgage plus additional expenses from property taxes and insurance. Foreclosure News
Families, who have assembled the necessary financial resources to apply, qualify, and then purchase a home, understandably value that key investment and its accompanying opportunity to build wealth; but buying the home is just the first step of securing the American Dream of homeownership. What many homeowners soon discover is that faithfully paying a monthly…
Prepayments, apparently spurred by the recent retreat in interest rates, soared in May. Black Knight Financial Services, in its “first look” at the month's mortgage performance data, said there was a 23 percent increase in prepayments, historically a good indicator of refinancing activity , from April to May, bringing the incidence to the highest so…
Repeat foreclosures are happening in New York City at a higher rate than other major domestic housing markets like Los Angeles and Miami. Across the United States, foreclosures are at their lowest level since 2005, Politico reported, citing a new report from real estate research firm ATTOM Data solutions. Foreclosure News
Elon Musk gets all the attention . But small companies in China have plans to build battery factories that can supply an additional 120 gigawatt-hours of power a year by 2021. Foreclosure News
