Do not be surprised to discover that Frank is not from your mortgage company. Frank the Foreclosure Man is a composite I made up to describe what is generally referred to as a foreclosure specialist or foreclosure broker.
A series of cases decided by the federal district court in Chicago holds that a properly perfected secured creditor can waive its right of priority in collateral in favor of a judgment lien creditor if it fails to properly act against its collateral following a borrower's default. Typically a secured creditor attains perfected status and…
The “Shakerlan” development will consist 14 apartments, retail, a parking and event area surrounded by artists' studios with glass overhead doors, a courtyard and green space behind the smaller separate building to the west. “The apartments are well under way, and the overhead doors should be arriving within a month,” project architect Mark Fremont said…
Cyprus has made substantial progress in addressing its key risks in the crisis and continues to do so as significant vulnerabilities are still present. Debt dynamics have turned positive and in the banking sector recent developments, such as those relating to the Cyprus Cooperative Bank and the sale of non-performing loans by Bank of Cyprus,…
BRATTLEBORO REFORMERAttorneys Jim Anderson, representing Berkshire Bank, and Bob Fisher, representing the Hermitage Club, argue about the appointment of a receiver during a hearing at Windham Superior Court Civil Division in May. WILMINGTON – Just a few years ago, The Hermitage Club was dubbed “the fastest growing private company in Vermont” – a private ski…
California fire victims can call for free help with landlord-tenant issues, mortgage foreclosure concerns and questions about life, medical and property insurance. Above, Chris Shaw, 74, surveys his destroyed home in Wikiup. Foreclosure News
