Squatters, scams plague foreclosures
For the new resident, the foreclosed three-bedroom house on Beck Avenue – complete with a remodeled kitchen, hardwood floors and a pool – must have been a dream come true. “He had the door barricaded.
Similar Posts
Goldman expects “Tax Reform” to be Enacted in the “Next Two Weeks”
ByadminBottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking…
N.Y. developer bids $500K for Norwich Main Street buildings at tax foreclosure auction
ByadminTo continue reading this premium story, you need to become a member. Click below to take advantage of an exclusive offer for new members: Norwich – The large two-building complex at 77-91 Main St., proposed as a heritage museum 20 years ago, sold for $ 500,000 Saturday at a tax foreclosure auction that featured several minutes…
MTC Financial Inc v. Nationstar Mortgage Pan Sparrow
ByadminCouncil for plaintiff: No appearance Counsel for appellant: McCARTHY & HOLTHUS, Melissa Robbins Coutts Counsel for respondents: MOSS & MURPHY Glen L. Moss, SWEDELSON GOTTLIEB, Joan Lewis-Heard Defendant Nationstar Mortgage LLC appeals an order denying its claim to surplus funds deposited with the court by plaintiff MTC Financial, Inc., doing business as Trustee Corps ,…
Flood Insurance Uptake Rates Rise in Texas Following Harvey
ByadminLittle more than two months before Hurricane Harvey slammed the Gulf Coast of Texas, Alberto Castaneda let his home's flood insurance lapse. He had never filed a claim on the policy in 10 years and he needed the extra cash to expand his restaurant business. Foreclosure News
Will FDCPA Apply to Non-Judicial Foreclosures?
ByadminDoes the Fair Debit Collection Practices Act apply to non-judicial foreclosures? This is a question of enormous import to the mortgage servicing industry, as the FDCPA is a common subject for class action claims and further provides that an individual who obtains a judgment under the FDCPA is entitled to an award of his or…
NPL sales fall at Fannie and Freddie as portfolios shrink
ByadminSales of nonperforming loans by Fannie Mae and Freddie Mac fell during the past year as the number of delinquent loans on their books continued to drop. The government-sponsored enterprises sold 18,419 NPLs last year, down from 44,169 the previous year and from 25,612 in 2015, according to the Federal Housing Finance Agency. Foreclosure News