Note: This piece uses a true personal narrative and background to thread key themes together for the here and now. This piece is not about me; instead it serves as a reminder that “margin,” either in the literal or the less conventional sense, can create some pretty intense consequences.
ABA Journal Daily News
Nigerian energy businessman Kola Aluko, declared wanted by the EFCC, has been identified as the owner of Apartment 79, a penthouse apartment in One57, one of New York City's most expensive residential buildings. However, the apartment would be sold to the highest bidder by a Luxembourg based Banque Havilland, in a foreclosure auction in July,…
A contractor is suing companies related to the Hermitage Club for unpaid site work. Brown's Country Services LLC of Wilmington filed the foreclosure complaint against Hitchcock Lands LLC of Wilmington; LCB Investment Co. Foreclosure News
Mortgagees and their servicers should take note that a New York appellate court has confirmed that a default letter, stating the mortgage debt “will be accelerated” if the default is not cured, does not clearly and unequivocally accelerate the debt. In addition, the appellate court held that de-acceleration notices must be clear and ambiguous, and…
WORCESTER – Lenders started and completed more foreclosures in Worcester County during January than they did at the same time last year, new data show. Lenders launched 162 new foreclosures during the month, up about 5 percent over the same month a year ago, according to The Warren Group of Boston, publisher of the trade journal…
A 45-year-old North Texas man who was vice president of a Dallas County non-profit housing agency created decades ago to combat poverty has pleaded guilty to one count of mail fraud for defrauding homeowners he was supposed to be helping get mortgages and prevent foreclosures. Federal prosecutors say Francisco Javier Gonzalez, of Duncanville, now faces…
