LOS ANGELES >> A Van Nuys man was ordered detained today pending trial on federal charges alleging he ran a foreclosure-avoidance scheme that raked in $ 7 million from distressed homeowners. Michael “Mickey” Henschel, 68, was arrested Wednesday by federal agents pursuant to an 11-count indictment returned by a Los Angeles federal grand jury on June 8, according to the U.S. Attorney's Office.
Drafting an ordinance to address abandoned or bank-owned properties not maintained and commonly referred to as “zombie” houses, will be a priority for city officials in 2018. An increased number of homeowners lost their homes in foreclosures during the last decade due to economic issues, said Mayor James Anzaldi. Foreclosure News
A recent decision in the civil case against Conan O’Brien is no laughing matter for the late night host. Writer Alex Kaseberg filed suit in 2015 over a series of jokes that he claims were stolen from his blog and Twitter feed. The federal judge hearing the copyright infringement claims ruled that three of the…
LM Funding America, Inc. , a specialty finance company offering unique funding solutions to community associations, received a favorable ruling from a Federal District Court judge in Florida regarding a proposed class action lawsuit filed by Wilmington Savings Fund Society, FSB . This is a victory for not only LM Funding, but homeowners associations and…
The Sheriff's Sale mortgage foreclosure notices for the May 1, 2018, sale, along with the April tax sales, are now available. An inter-family squabble in the Virgin Islands has produced U.S. Supreme Court precedent that affects jurisdictional deadlines in thousands of cases across the country. Foreclosure News
Rapper Lil' Kim is reportedly facing foreclosure after failing to agree terms with bank officials over her mortgage payments. Bosses at HSBC Bank sued the “Crush on You” hitmaker in 2010 after she reportedly stopped paying the $ 10,000-a-month mortgage on her home in Alpine, New Jersey in 2009. Foreclosure News
DeKalb homeowners who are still “under water” on their mortgages can get up to $ 50,000 to pay down the balance from HomeSafe Georgia. The federal government established the”Hardest Hit Fund,” in 2010 to provide foreclosure help to homeowners most affected by the steep decline in home prices and rising unemployment rates during the last…
