While a disgraced Nigerian oil-trading billionaire is on the run from authorities , his posh West 57th Street pad is back on the market – at the wholesale price of $ 39 million. Kola Aluko is believed to be on his $ 80 million 213-foot yacht , the Galactica Star, dodging justice.
On February 13, 2018, the Florida Supreme Court accepted jurisdiction in an appeal emanating from a hot button issue in contested foreclosures can the borrower in a foreclosure secure an award of contractual attorney's fees after successfully defending the foreclosure on the basis that the lender lacked standing to enforce the mortgage contract? Florida law…
Despite a tight housing supply, the Greater Las Vegas Association of Realtors reported this month that 2017 was one of the best years on record for local home sales and that home prices continued to increase from the previous year. Despite a tight housing supply, the Greater Las Vegas Association of Realtors reported this month…
Sales of new and existing homes in the 13-county Twin Cities area were down slightly in May on a year-over-year basis, as new listings inched up during the same period, the Minneapolis Area Association of Realtors said Thursday. But Realtors say the inventory of homes for sale continues to be too low for the demand…
The Bankruptcy Court for the Western District of Pennsylvania has recently held that a pre-petition foreclosure of a debtor's real property, conducted in accordance with state law, is not subject to attack as a preference under 11 U.S.C. 547. [1] There, the holder of the first mortgage on the property commenced foreclosure proceedings against the…
On October 4, the Consumer Financial Protection Bureau announced changes to its mortgage servicing rules. The Bureau issued an interim final rule to provide mortgage servicers more flexibility and certainty around requirements to communicate with borrowers under the CFPB's 2016 mortgage servicing amendments. Foreclosure News
The permabears in the equity market get a lot of attention, and for good reason: They crave the spotlight, and use it to sell bad investment products. If you want to get rich sowing fear in stocks with your bad advice , there are plenty of dupes out there ready to pay usurious fees for…
