The Shoreham Hotel in Midtown is on the market after the special servicer on the property's mortgage foreclosed on borrower Ark Partners last month. The 177-key property at 33 West 55th Street is on the market with Steven Vazquez of NAI Global, the Commercial Observer reported.
On November 9, the Department of Justice announced its lawsuit against a foreclosure trustee for wrongfully foreclosing on at least twenty-eight servicemembers in violation of the Servicemembers Civil Relief Act , 50 U.S.C. 3953. The SCRA prohibits foreclosure on the home of a servicemember during active military service and for twelve-months after service without a…
In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices. Their stories may even inspire you to pay off your debt . Foreclosure News
Link to Fitch Ratings' Report: Medallion Trust Series 2017-2 here SYDNEY, November 12 Fitch Ratings has assigned expected ratings to Medallion Trust Series 2017-2's mortgage-backed floating-rate notes. The issuance consists of notes backed by Australian residential mortgages originated by Commonwealth Bank of Australia Limited . Foreclosure News
Brian Davidoff was quoted in a Los Angeles Daily Journal article on March 28, 2017, discussing U.S. Bankruptcy Judge Christopher M. Klein's ruling in Sundquist v. Bank of America NA which awarded Erik and Renee Sundquist $ 1.07 million in actual damages and $ 45 million in putative damages for the improper foreclosure of their…
Anthony “Tony” Culler is starving himself in hopes the FBI will start an investigation. It's been four weeks since he started his 50-day hunger strike, and he looks to be shrinking into his clothing in videos posted online. Foreclosure News
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