During the worst of the housing crisis, foreclosures were everywhere. Vacant, boarded-up homes with overgrown lawns out front littered the streets of the nation, turning blocks into ghost towns and dragging down neighboring property values. Foreclosure News
Connecticut saw a new spike in foreclosures in April 2017, even as mortgages nationally fell to their lowest level since November 2005 as tracked by Attom Data Solutions. Connecticut saw a new spike in foreclosures in April 2017, even as mortgages nationally fell to their lowest level since November 2005 as tracked by Attom Data […]
Home foreclosure activity reached a 10-year low across the nation in 2016, but Connecticut didn't have much cause for celebration, a new report Thursday shows. Connecticut was among 12 states and the District of Columbia that saw residential properties with foreclosure filings rise compared with the previous year, according to the report from ATTOM Data […]
Home foreclosure activity reached a 10-year low across the nation in 2016, but Connecticut didn't have much cause for celebration, a new report Thursday shows. Foreclosure News
ABA Journal Daily News
One of the plethora of new procedures enacted in the 2016 General Assembly's legislative session is a concept which is being dubbed a “judgment of loss mitigation.” The procedure seems straightforward at first a lender can seek to have the Court approve a modification of a mortgage loan and sanction the mortgagee's priority over any […]
The housing crisis in America is a volatile one. While homeowners are typically thought to be in better shape, many are still hitting a wall – or in this case, having that wall taken away. Foreclosure News
The Connecticut Appellate Court has weighed in on the topic of whether or not a lender foreclosing a mortgage in Connecticut must comply with the statutory process to make the administrator of the decedent a party to the action to ensure a proper judgment of foreclosure entersort of. In the matter of HSBC Bank USA, […]
A pending cert petition asks the U.S. Supreme Court to review a Connecticut law that bans assault weapons such as the AR-15, the gun used… ABA Journal Daily News
As of February, 1.8% of Connecticut homes were under foreclosure proceedings, according to CoreLogic, the eighth highest rate in the nation but well behind New York and New Jersey at 3.4% and 4%, respectively. For the 12-month period ending in February 2016, lenders foreclosed on 3,085 homes in Connecticut, down from about 5,240 proceedings a […]