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Real Property a ” Foreclosure Price – ” Equity & Debt Methods – “…

April 5, 2018 admin

In this case, which seeks to set aside a foreclosure sale arising from unpaid homeowners' association dues, the court follows the equity method and adds the amount of the home's mortgage to the price paid at the foreclosure sale to determine that the sale price does not shock the conscience. We affirm the master-in-equity's denial […]

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SEC said to probe mortgage industry’s debt collection methods

March 25, 2016 admin

The Securities and Exchange Commission is looking at whether mortgage servicers are boosting profits by prematurely unleashing debt collectors on delinquent borrowers, a person with direct knowledge of the matter said. The probe is focusing on servicers that are not owned by banks, including Ocwen Financial, the person said. Foreclosure News

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