Understanding a foreclosure
Foreclosure is a process that many of us have heard and read about, especially with the bursting of the “housing bubble” and the economic downturn of 2008. Foreclosures remain an issue today in housing in America.
Foreclosure is a process that many of us have heard and read about, especially with the bursting of the “housing bubble” and the economic downturn of 2008. Foreclosures remain an issue today in housing in America.
Assemblywoman Marlene Caride is introduced as Gov.-elect Phil Murphy's nominee for Department of Banking and Insurance commissioner. Gov.-elect Phil Murphy has now picked three assemblywomen for posts in his Cabinet, including Tuesday's selection of attorney, municipal prosecutor and three-term lawmaker Marlene Caride as commissioner of the Department of Banking and Insurance. Foreclosure News
ATTOM Data Solutions has released its Midyear 2017 U.S. Foreclosure Market Report, which shows a total of 428,400 U.S. properties with foreclosure filings – default notices, scheduled auctions or bank repossessions – in the first six months of 2017, down 20 percent from the same time period a year ago and down 28 percent from…
As we noted in last week's blog post , the District of Columbia Court of Appeals issued a decision on March 1, 2018, that created a new wave of uncertainty for lenders with loans secured by deeds of trust on condominium units in the District of Columbia. In the Liu decision , the court held…
The Hermitage Club has a new lease on life after founder Jim Barnes announced the potential for a restructuring deal and named a new company president. “After months' long negotiations, the club has signed a nonbinding term sheet with Berkshire Bank to buy out its debt as part of this overall transaction,” Barnes wrote Wednesday…
Maryland's legal service providers that aid low-income residents in everything from domestic violence proceedings to foreclosures told a Senate committee Tuesday they need legislators to do away with a sunset provision on civil filing fee surcharges that fund the majority of their budgets. The Maryland Legal Services Corp. is funded by the filing fees, the…
When determining if a municipality meets the Fair Housing Act's definition of an “aggrieved person” for litigation, courts must determine if there's a direct relationship between alleged conduct and actual harm, the U.S. Supreme Court found Monday. The consolidated cases , which allege that Bank of America and Wells Fargo engaged in predatory lending targeted…