New York Appellate Court Holds Short Sale Documents Do Not Constitute …

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 […]

Farm-based program to combat homelessness, addiction holds out hope for reprieve

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 […]