The state Court of Appeals has upheld a Genesee Circuit Court ruling that allowed for the foreclosure sale of a multi-million dollar condominium development in Grand Blanc Township.
Monday Morning Cup of Coffee Past MBA Chairman David Kittle joins Interthinx · The start of Broeksmit’s tenure is arguably the first "peaceful transition" at the top of the MBA in the past 20 years, the result of a period of stability and financial security for the nearly 105-year-old association that his recent predecessors did not enjoy.
MERS’ authority to assign mortgages has been upheld by courts across the country, despite repeated challenges by borrowers. Just in the past year, the Sixth Circuit Court of Appeals upheld MERS’ authority to assign a mortgage in Margelis v.
Former Flagstar Bancorp CEO leaves for good "Clearly the Goldman CEO only believes. most of the Wall Street bank’s European operations, where it has around 6,000 employees. But the firm needs to ensure it will still be able to serve clients.
District Court Upholds MERS Rights to Assign and Foreclose. in court on Tuesday as the U.S. Court of Appeals for the 11 th Judicial Circuit validated. upheld the decision of the U.S.
RealScout raises $6 million for superior real estate searches Veni Vidi, But What About Vici? Does The New Caesars REIT Pass The Valuation Test? – But it does raise a question that investors. .11 market cap: $6.703bn. I year consensus PT: $21.83 Dividend: $0.16 per quarter (est: 3.5%) Business: VICI is a real estate investment trust.
A ruling issued today, Glarum v. LaSalle Bank, by the court of appeals for Florida’s fourth district, may have thrown a really big wrench in the foreclosure machinery state-wide. I say "may" because this ruling has such big implications that the bank has good reason to appeal to try to get the decision reversed or narrowed. The ruling itself is remarkably straightforward and damning.
The court held that “MERS has standing to seek relief for its Writ of Assistance and is the proper party to foreclose the mortgage as MERS is the mortgagee of record and holder of the promissory note.” MERS obtained a foreclosure judgment, held the foreclosure sale, and obtained a post-judgment
Massachusetts Land Court judge Keith Long reaffirmed a 2009 ruling (Ibanez) that invalidated foreclosures on two properties because the lenders did not hold clear title to them at the time of the foreclosure sale. Now this decision is still subject to appeal, and Richard Vetstein of the massachusetts law blog (hat tip reader Barbara W) thinks.
Massachusetts Court of Appeals upholds MERS rights. By Ben Lane | Housing Wire. Rules mortgage assignment was valid. MERSCORP’s rights as mortgagee have come under fire in many courtrooms throughout the U.S., but a decision from the Massachusetts Court of Appeals reinforces the company’s right to assign a mortgage.
RealtyTrac: 2Q foreclosure activity rises as some states see reboot Freddie Mac posts net income of $7.7B in 2014 California settlement puts Ocwen on a leash Fitch Sees 60% of Current RMBS Borrowers Underwater (Repeat for additional subscribers) nov 8 (reuters) – (The following statement was released by the rating agency) fitch ratings has assigned Lunet RMBS 2013- I B.V.’s notes final ratings, as.Piketty's Folly: Wrong on inequality, wronger on. – But if you think that thinking the earth is spherical is just as wrong as thinking the earth is flat, then your view is wronger than both of them put together." The basic trouble, you see, is that people think that "right" and "wrong" are absolute; that everything that isn’t perfectly and completely right is totally and equally wrong.Altos predicts a ‘catfish recovery’ for housing market historically, the normal housing market is volatile, and finding the inflection points for when prices bottom or surface at the ZIP code level is essential for netting a profit when it comes time.WASHINGTON — Mortgage giant Freddie Mac reported net income of $4.2 billion for the. $1.4 billion it earned in the same period of 2014. Rising interest rates during the period enabled the company.Home prices expected to remain positive in 2013 -In delayed reaction to stronger-than-expected pre-existing housing sales data, gold prices have fallen into negative territory. Thursday, the National Association of Realtors (NAR) said that existing home sales rose 3.2% in September to a seasonally adjusted and annualized rate of 5.47 million units, compared to August’s annualized rate of 5.RealtyTrac: Buying a home is unaffordable in 18% of counties Business secretary vince cable warned buying a home was now unaffordable for people on middle incomes House prices are soaring by up to 18 per cent across the country, according to Nationwide.
Law360, Miami (October 11, 2016, 9:12 PM EDT) — The Eleventh Circuit has upheld a judgment. Procedures Act, ruling in a published opinion that a Florida couple’s bid for relief from a foreclosure.
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