His wife had died, his career had been ended by injuries, and struggling to get by on his disability check, he had scraped together just enough to pay a lawyer to avoid imminent foreclosure on his modest Brooklyn home. The man on the phone offered a godsend: The foreclosure could be averted, the legal fees could be eliminated and the monthly mortgage payment he could no longer afford could be trimmed.
A California Association of Realtors report says signs like these – common during the market crash of 2007 – aren't likely to make a comeback in the near future. Low interest rates are keeping home prices relatively affordable, the report said. Foreclosure News
Sayles Place, a subsidized co-op in Southeast Washington, before it was sold to Sanford Capital. Residents say since Sanford bought it, the property has declined. Foreclosure News
The Massachusetts Supreme Judicial Court provided further guidance – up to a point – on mortgagees' strict compliance with the notice of default provisions within paragraph 22 of the standard mortgage and when that standard takes effect. Mortgage holders have litigated this issue for years in Massachusetts, and the SJC first addressed compliance with paragraph…
Link to Fitch Ratings' Report: APOLLO Series 2017-1 Trust here SYDNEY, March 13 Fitch Ratings has assigned final ratings to APOLLO Series 2017-1 Trust's residential mortgage-backed floating-rate notes. The issuance consists of notes backed by first-ranking prime Australian mortgages originated by Suncorp-Metway Limited . Foreclosure News
TCPA: denying motion to stay TCPA proceeding pending the D.C. Circuit's decision in a case challenging the FCC's July 10, 2015 Order as, issuing stay “would amount to a constructive refusal to enforce the FCC's interpretation [of the statute], which th[e] court is prohibited from doing []” – Williams v. Bluestem Brands, Inc. , 2017…
As Uber and Lyft expand, taxi revenue has fallen by 40% over the past three years, while 42% of cabs in Chicago aren't even operating, according to a study published by the city's taxi driver union and reported by USA Today . This dropoff can be seen in the average monthly income being brought in…
