NY – SMust Make Land Banks A – SPriority
Governor Cuomo signed the Land Bank Act into law in 2011, empowering local communities to use land banks to proactively address blighted and abandoned properties that affect their residents.
Governor Cuomo signed the Land Bank Act into law in 2011, empowering local communities to use land banks to proactively address blighted and abandoned properties that affect their residents.
A federal jury has convicted two businessmen – including one from Aurora – on multiple bank fraud charges related to falsifying loan documents to postpone foreclosure on a parcel of land in Aurora worth nearly $ 2 million. After an eight-day trial in federal court in Chicago, a jury returned verdicts finding Kevin LeBeau, 55,…
Raphael Toledano is going to bankruptcy court to try to regain control of an East Village property he claims Delshah Capital's Michael Shah “commandeered.” The controversial 27-year-old landlord filed for Chapter 11 bankruptcy protection for the property at 97 Second Avenue between East 5th and 6th streets, the Commercial Observer reported. Foreclosure News
The shuttered Senses nightclub on Poplar Avenue is facing foreclosure after its owners, who had planned to resurrect the once-popular nightclub, defaulted on a $ 1.1 million loan. Senses, 2866 Poplar Ave., closed in April 2013. Foreclosure News
You think you have it rough? Try being a Wells Fargo MLO trying to hold onto your business when every newspaper is carrying stories about the cross-selling scandal, auto insurance scandal, unauthorized account scandal, bill pay enrollment scandal, rate lock fee scandal No wonde r independent mortgage banks are picking up market share through steering…
Vacant and deteriorating homes are the bedbugs of neighborhoods. They suck the lifeblood out of what were once strong communities and start to break down the pride of residents. Foreclosure News
The city of Willits has experienced low inventory in the real estate market over the past several years according to local realtors while the median sales price has decreased by 6 percent compared to a year ago according to statistics made public by a leading online real estate resource. According to Realty Trac's statistics for…