Judge holds Trump in contempt, fines him $10K per day in fight over business documents
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
On October 17, 2018, the Fifth Circuit held that a potential transfer of the deed of trust does not prove who is the owner of a note and that a bankruptcy stay does toll deadlines for a Texas foreclosure action and that such tolling period must include every day that an entity is prevented from […]
Existing home sales slipped in September, following a month in which sales were almost totally flat. The National Association of Realtors said that closed transactions for existing single family homes, townhouses, condos, and cooperative apartments was at a seasonally adjusted rate of 5.15 million in September. Foreclosure News
New York's Appellate Division, Second Department, ruled short sale documents do not constitute an unqualified acknowledgment of the debt or manifest a promise to repay the debt sufficient to reset the statute of limitations under New York General Obligations Law 17-101. Financial institutions and servicers should consider these decisions when assessing what arguments they have […]
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 […]
In the time I spend with loan officers , I hear plenty of stories about walking a real estate agent's dog, washing their car, being asked to bring refreshments to an open house, etc. Are RE agent's days numbered? Some home buyers are finding what they want by using June 3, 2019 as the implementation […]
Woodwynn executive direct Richard LeBlanc blames 'NIMBYism, political and bureaucratic hoops' for the program's inability to reach its potential in reducing homelessness and addiction. As foreclosure looms at a recovery farm for people with addictions and no place to live, supporters held a community meeting Tuesday to discuss ways to save or replace it. Foreclosure […]