A pair of parcels closely tied to the ailing Schlitterbahn Waterpark & Resort development on North Padre Island fetched a combined $ 9 million during an auction Tuesday afternoon at the Nueces County Courthouse. Austin-based Axys Capital Credit, the company that provided the initial financing for the land, ended up with it.
The Lone Star Brewery in San Antonio was supposed to be buzzing with construction workers and equipment by now – after sitting vacant for decades. Instead, the 35-acre brewery is in foreclosure, scheduled to be sold on the steps of the Bexar County Courthouse next week. Foreclosure News
The Bipartisan Budget Act of 2018 was the spending bill passed in February to prevent a federal government shutdown. While the bill targeted federal spending, it also extended 30 tax breaks and provisions. Foreclosure News
In early 2009, in the depths of the mortgage meltdown, President Barack Obama launched a multi-billion-dollar effort to stem the flood of home foreclosures. It was called the Home Affordable Modification Program , and it aimed to help families keep their homes by offering incentives to banks and loan-servicing companies that modified mortgages of troubled…
Mortgage servicers and other financial institutions have been battling the issue of what affirmative act “clearly and unequivocally” accelerates a mortgage debt for years. Currently, there is a split in authority between the First and Second Departments of the New York Supreme Court Appellate Division regarding whether a notice of default using the words “will…
The treasurers from Hillsdale, Branch, Jackson and Lenawee counties assembled at the Jackson County Commission Chambers recently in an effort to stem the tide of foreclosures in south central Michigan. “This program is for delinquent tax assistance. Foreclosure News
The Supreme Court has ruled that cities may sue banks for predatory lending practices among minority customers that lead to foreclosures, declines in property taxes and dips in property values. The justices' 5-3 ruling Monday validates a novel approach by Miami and other cities to try to hold banks accountable under the federal Fair Housing…
