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ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
In a foreclosure action, the Illinois Appellate Court recently held that the foreclosing lender established its standing by attaching the blank-indorsed note to its complaint, but reversed judgment and remanded for the trial court to determine if a letter required by the Secretary of Housing and Urban Development regulations was actually dispatched. In U.S. Bank […]
There has been a lot of talk about how housing prices are increasing, but realtors say that does not seem to be happening in most of New Jersey. The median price of a single-family home in New Jersey actually dropped to $ 302,500 dollars. Foreclosure News
Under Section 521 of the federal bankruptcy code, a debtor in a chapter 7 bankruptcy must file a statement within 30 days of the bankruptcy filing notifying the court, creditors and the trustee whether the debtor intends to retain or surrender property encumbered by a mortgage. In its October, 2016 decision in the case of […]
North Las Vegas Police Animal Control Supervisor Dale Smock carries a cat trap July 20 at a condemned mobile home on Orr Street where squatters lived. Jeff Scheid/View North Las Vegas Police Officer Scott Vaughn walks in a the backyard of a condemned mobile home on Orr Street, where squatters lived July 20. Jeff Scheid/View […]
In what might be viewed as the last nail in the coffin for Georgia’s confirmation statute, the Georgia Supreme Court’s recent opinion in PNC Bank, National Association v. Smith affirms that a lender may contract around the statutory requirement of confirming the results of a prior foreclosure sale before pursuing a deficiency action – at […]