Underwater on Your Mortgage? Do This Now
Millions of Americans are underwater on their home loans. Here's what to do if you're one of them.
Millions of Americans are underwater on their home loans. Here's what to do if you're one of them.
Businessman Jeffrey Yohai, left, and actor Jacob Hoffman, center, at nightspot Baby's All Right in Brooklyn, N.Y., on Jan. 20, 2015. Hoffman and his father, “The Graduate” star Dustin Hoffman, invested in a real estate project with Yohai. Foreclosure News
“Take the elevator to the fourth floor for the tax sale!” a deputy calls out as a line forms inside the Civil Courts Building in downtown St. Louis. Foreclosure News
The housing market has made a remarkable — if partial — recovery since the disaster that befell it 10 years ago. In the years since the crisis, the market has recouped about two-thirds of the value it lost in the crash: But unlike in the early 2000s, when housing became a vehicle for broad-based middle-class…
To keep the tradition going, I will compare the Greek banks , Piraeus Bank SA ADR , Alpha Bank S.A. ADR , Eurobank Ergasias SA ADR ) once again based on the full-year figures. Let's assess the banks on the following criteria: Just as last year, capitalization levels are at comfortable levels and all banks…
The owner of nine Greenpoint rental buildings narrowly escaped foreclosure Wednesday after closing on the $ 27 million sale of eight of the properties to Black Spruce Management, sources told The Real Deal . The distressed properties were notably at the center of a $ 150 million lawsuit from 2015 in which the owner, Sylvester…
While Illinois mortgagees have the option of recouping delinquent mortgage loan debt through different types of lawsuits, the pursuit of this option can violate Illinois' prohibition on refiling the same cause of action. A recent decision illustrates the pitfalls of a mortgagee's numerous lawsuits filed on the same default and debt in reliance upon Illinois'…