In order to help deal with the problem of non-performing loans, the Transfer and Mortgage of Properties Law was amended in 2014 to speed up and streamline the foreclosure process. The amending law introduced an additional procedure under Section VIA which, in contrast to the one already provided by Section VI, allows for a direct sale of the mortgaged property without the involvement of the Department of Land and Surveys.
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Wednesday’s Afternoon Update
Magic Leap, the Plantation-based startup that has raised $ 1.9 billion in financing and now employs thousands in South Florida, introduced its first product on Wednesday. “Magic Leap One, Creator Edition” is a wearable computer that combines Magic Leap's “Digital Lightfield” technology, visual perception and machine learning. Foreclosure News
The New London house I sold for $129K in 1988 just went for $35k
To continue reading this premium story, you need to become a member. Click below to take advantage of an exclusive offer for new members: My first house, which I bought while working my first post-college job, reporting here at The Day, was a classic fixer-upper. Foreclosure News
He never missed a payment, but the bank still foreclosed on his home anyway
“They said, 'Oh, yeah, we're gonna get this house.' I said, 'You're going to get this house?' They said, 'Yeah.' Foreclosure News
Is now the right time for rehabs?
There's one segment of the market that isn't selling quickly: distressed properties. Buyers may want to take a second look at purchasing a home in need of rehabilitation or repair. Foreclosure News
Columbiana County Common Pleas
Richard L. McCarty Jr., 35, Forest Street, Lisbon, pleaded guilty in Common Pleas Court to possession of drugs, possession of drug paraphernalia and six counts of receiving stolen property. He faces up to four years and 30 days incarceration, along with five-year licenses suspension and a $ 8,750 fine. Foreclosure News
MGIC Investment Corporation (NYSE:MTG) versus Fidelity National Financial (FNFV) Financial Survey
MGIC Investment Corporation and Fidelity National Financial are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their earnings, profitabiliy, valuation, risk, dividends, analyst recommendations and institutional ownership. 86.6% of MGIC Investment Corporation shares are owned by institutional investors. Foreclosure News