Twenty years ago, Texas became the last state in the union to legalize the home equity loan, allowing people for the first time to use their own homes as collateral. But lawmakers also kept tight restrictions on the loans, which saved Texans from the excesses that contributed to a housing bust that nearly brought down global economy.
ABA Journal Daily News
Foreclosure/Standing/Lost Note: if plaintiff did not have right to enforce note when lost, plaintiff should present evidence of assignment from payee to plaintiff or affidavit of ownership – McClandon v Dakem & Assoc., LLC, Case No. 5D16-3300 Foreclosure/Standing/Assignment: assignment of mortgage, but not note, insufficient to prove standing – McClandon v Dakem & Assoc., LLC,…
ABA Journal Daily News
Rather than digging deeper to verify federal tax liens and civil judgments and include them on your credit report, the three major credit bureaus decided to opt out of reporting these items as of July 1, according to a Consumer Data Industry Association announcement Monday. Equifax, Experian and Transunion cut a deal in March 2015…
Protesters call on the Wayne County Treasurer to halt the auction until the problem of “illegal tax assessments” can be resolved. Protesters gathered in front of the Detroit home of Wayne County Treasurer Eric Sabree Thursday demanding he halt next week's tax foreclosure auction in light of a study showing the majority of Detroiters have…
Expectations weren't particularly high for a solid July report on home purchase contracts, but today's report from the National Association of Realtors didn't meet even those . NAR's Pending Home Sales Index came in at 106.2, down from an upwardly revised 107.0 in June, a decline of 0.7 percent. Foreclosure News
