The money, a source familiar with the deal said, is enough to plug shortfalls that had threatened to derail construction of the $ 1 billion project. The needlelike tower, which will soar more than 1,400 feet into the air, was envisioned by a partnership between JDS Development and Property Markets Group.
Receiver/Barton Doctrine: individual could not bring negligence action against discharged receiver of commercial property until individual first obtained leave to do so from the court that appointed the receiver Asset Recovery Group, LLC v. Cabrera , No. Foreclosure News
Growing numbers of small subprime auto lenders are closing or shutting down after loan losses and slim margins spur banks and private equity owners to cut off funding. Summit Financial Corp., a Plantation, Florida-based subprime car finance company, filed for bankruptcy late last month after lenders including Bank of America Corp. said it had misreported…
Stepping up foreclosure prevention efforts in New Jersey, the Murphy Administration unveiled a new housing counseling initiative, which will work with and enhance New Jersey's existing court mediation program, and is aimed at helping up to 2,000 threatened homeowners, Lt. Gov. Sheila Y. Oliver announced Aug. 14 in a release. Foreclosure News
DAMNATION — “Sam Riley's Body” Episode 101 — Pictured: Logan Marshall-Green as Creeley Turner — In a hardscrabble town in 1931 Iowa, preacher Seth Davenport urges his flock to revolt against the institutions crushing them. The farmers are striking because local price fixing makes it impossible for them to pay back the loans on their…
Marquitia Fell isn't sure how she got to the website — she clicked from one site to another to another — but finally, in black and white, she found the promise she'd been looking for: a promise to make her mortgage problems go away. Fell's bank was threatening to kick her out of her Germantown,…
Joseph Bates, 48, stands in front of the Southwest Detroit home his great-great-grandparents bought in 1907. The home had been in his family until it was foreclosed due to unpaid tax bills. Foreclosure News
