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Showing posts with label foreclosures. Show all posts
Showing posts with label foreclosures. Show all posts
Thursday, September 2, 2021

Land banks to the rescue!

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Land banks - a municipality's new tool in its fight against housing decay. Land banking is a relatively new concept developed in the fac...
Thursday, November 20, 2014

Robo-signing still haunts borrowers

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For your next commercial real estate transaction, house purchase, mortgage refinance, reverse mortgage, or home equity loan, contact us. We...
Sunday, December 9, 2012

Mortgage Foreclosure Backlog Impacts Market

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mortgage refinance reverse conventional FHA fairfield nj title insurance agent settlement closing low-cost Foreclosure backlog impacts real ...
Monday, December 5, 2011

A bold approach - Principal Reduction Will Solve The Housing Crisis and Jumpstart The Economy

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Realty Times has a super article about one way to solve the housing crisis.  Written by Arizona real estate broker Tanya Marchiol of Team In...
Monday, August 29, 2011

Where’s the light at the end of the tunnel? Bad loans continue to rise for NJ banks

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The Record reports that “Toxic loans held by New Jersey-based banks continued to climb in the second quarter even as bad loans at U....
Monday, April 11, 2011

How home-sellers can take advantage of the foreclosure crisis

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From Bankrate.com.  Risky foreclosures could help savvy sellers. The cloud over foreclosures comes with a silver lining for homeowners loo...
Thursday, March 31, 2011

Mortgage foreclosure settlement – a solution?

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Sarah Portlock writing in The Star-Ledger reports on the settlement of the New Jersey Supreme Court’s involvement in the mortgage foreclosur...
Tuesday, March 22, 2011

Are you tough enough to buy at a foreclosure auction?

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Bankrate.com has a wonderful article, “Hassles of buying foreclosures at auction,” written by Clark Palmer. We get calls from time to time...
Wednesday, March 16, 2011

Soldiers foreclosed. How could it happen?

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The New York Times reports, “The Justice Department is investigating allegations that a mortgage subsidiary of Morgan Stanley foreclosed on...
Tuesday, February 22, 2011

Mortgage lenders fight back on foreclosure abuse cases

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NJ.com picks up an AP story on the New Jersey Supreme Court’s get tough attitude in foreclosure abuse cases. 6 of the biggest mortgage lende...
Monday, January 10, 2011

Court Voids Foreclosures by U.S. Bancorp and Wells Fargo

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From the New York Times: OK, so now we have Massachusetts court knocking foreclosure judgments out of the box. The name of the game is b...
Tuesday, December 21, 2010

N.J. foreclosures coming to a court ordered halt?

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Hot off the wire, New Jersey's Supreme Court is threatening to halt foreclosures by six lenders for "irregularities." Accordin...
Tuesday, October 26, 2010

Foreclosure mess ignores one thing-the borrowers

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From the New York Times’ Gretchen Morgenson’s column , “LAWYERS representing delinquent homeowners have been shouting for years about docu...
Monday, October 25, 2010

From Realty Times - Bank of America ends foreclosure freeze

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From Realty Times, back to business for Bank of America. Part of the freeze is over for 23 states. Bank of America has announced that forecl...
Friday, October 22, 2010

AP Story - No Foregone Conclusion - background on the foreclosure mess

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From the Associated Press- Good article by Alan Zibel and Candice Choi on the scope of the foreclosure mess. I do not agree with all the s...
Thursday, October 21, 2010

Foreclosure chaos - who benefits?

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Bankrate.com’s Marcie Geffner writes about the pros and cons of the recently announced pause in mortgage foreclosures in many states. “Rec...
Wednesday, August 25, 2010

Mortgage program a bust with 50% dropout rate?

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We have previously written about the Obama Administration’s program to encourage mortgage modifications.  Well, the news is in and it’s not ...
Friday, July 16, 2010

How many foreclosures in a million? A lot.

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One million is the number being bantered about of houses that may be lost in foreclosure actions this year. Rosalyn Dalebout rents out spac...
Sunday, December 6, 2009

Foreclosures Offer Deals, But Be Wary - The New York Times

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The Times picks up on our article regarding buying foreclosed homes. In Saturday's section on Your Money, the Times' Tara Siegel B...
Monday, August 31, 2009

Brooklyn Judge Takes on the Big Bad Lenders

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The New York Times reports today on Judge Arthur M. Schack who has taken the time to review mortgage foreclosure complaints and discovered t...