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Fight persists over $800,000 Bull Valley mansion owned by couple accused of drug trafficking
ByadminBULL VALLEY – Prosecutors are fighting a lender for control of an $ 800,000 Bull Valley mansion that they said a local couple used as the headquarters for a multistate drug trafficking ring. The McHenry County State's Attorney's Office moved to seize the mansion they said was bought by David A. Soskin with drug money…
Too many low income renters, too few homeowners could hurt Detroit
ByadminDetroit has more renters than homeowners for the first time in 50 years, and according to a recent report, this could be a bad thing. The Detroit Future City report from earlier this month notes that the high number of foreclosures and overall population loss contributed to this. Foreclosure News
A hotel developer is asking Marina to forgive his $735,000 debt to the city.
ByadminBefore getting the green light to develop a hotel in Marina, Harvey Dadwal tried hotel projects at other sites, including Lightfighter Drive. Before getting the green light to develop a hotel in Marina, Harvey Dadwal tried hotel projects at other sites, including Lightfighter Drive. Foreclosure News
Man convicted in mortgage scam arrested for a probation violation
ByadminThe man authorities called the mastermind behind a complex mortgage fraud scheme targeting distressed properties was arrested June 7 in South Carolina and charged with being a fugitive in violation of probation. Allen J. Seymour, 49, originally of Oxford, Mass., was charged based on two warrants for his arrest in Brookline and Worcester, according to…
Public Notices Week of August 7, 2018
ByadminNOTICE OF SUBSTITUTE TRUSTEE S SALE WHEREAS, default has occurred in the performance of the covenants, terms and conditions of a Deed of Trust dated June 10, 2016, executed by BARBARA L. WELLS, TREVOR T. WELLS, conveying certain real property therein described to THOMAS I. BOTTORFF, as Trustee, as same appears of record in the…
FTC Obtains Preliminary Injunction Against Mortgage Relief Operation
ByadminOn May 8, the Federal Trade Commission announced that the U.S. District Court for the Central District of California granted its request to preliminarily enjoin affiliated California-based debt relief companies from continuing operations, and to freeze their assets. In its complaint , the FTC alleged that the companies violated Section 5 of the Federal Trade…