Why New Jersey’s Soaring Foreclosures Are Good for the Housing Market
New Jersey's foreclosure crisis is hitting a peak, and that could be a boon for the state's housing market.
New Jersey's foreclosure crisis is hitting a peak, and that could be a boon for the state's housing market.
Four years ago, the Solana campus sat mostly empty in foreclosure, a mere shadow of its glory days as the home of IBM. Time had passed the sprawling campus by as office tenants demanded modern amenities that were unheard of when Ricardo Legoretta designed the building's bold straight lines and pastel colors. Foreclosure News
Hundreds of thousands of Puerto Ricans face losing their homes upon the expiration of a three-month moratorium on mortgage payments that banks offered after Hurricane Maria devastated the island. less his Friday, Jan. 19, 2018 photo, shows one of multiple properties located in the Esperanza sector that are currently for sale, in Vieques, Puerto Rico….
This week, the U.S. Senate Committee on Banking, Housing, and Urban Affairs and House Financial Services Committee both hold hearings on topics that involve the Dodd-Frank Wall Street Reform and Consumer Protection Act. Dodd-Frank, as the act is commonly known, was passed in direct response to clear and unmistakable lessons learned during the 2007-2008 financial…
Before I got married in 2001 I had a credit score of 780. My wife at the time turned out to be extremely deceitful and we ended up divorced after 3 years. Foreclosure News
The Bankruptcy Court for the Western District of Pennsylvania has recently held that a pre-petition foreclosure of a debtor's real property, conducted in accordance with state law, is not subject to attack as a preference under 11 U.S.C. 547. [1] There, the holder of the first mortgage on the property commenced foreclosure proceedings against the…
In less than a month's time, another one of One 57's ultra-luxury, ultra-pricey condos has entered into foreclosure. The first time around , it was a four-bedroom, four and a half bath on the Extell-developed building's 56th floor to hit the auction block after the owners defaulted on a $ 20.9 million loan. Foreclosure News