Chicago considers eminent domain to seize underwater mortgages Thomas J. Miceli University of Connecticut. "Chicago Considers Eminent Domain to Seize Underwater Mortgages" Jon Prior, , July 7, 2012, We conclude the article with our thoughts about the viability of using eminent domain to take underwater mortgages.
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Limited time only: Fannie Mae to help cover mortgage closing costs BofA MBS trial adjourned until nov. 14 wells fargo standing by accuracy of foreclosure affidavits 2018 HW Tech100 Winner: Capsilon Corporation The level of competition for the 2018 HW Tech100 was higher than in previous years, the magazine’s editorial staff noted, citing in its announcement of this year’s winners a significant increase in the number of applicants and the presence of 55 first-time winners on this year’s list.Commonwealth of Kentucky Court of Appeals NO. 2012-CA-001221-MR. Inexplicably, however, on October 2, 2010, Wells Fargo filed the instant foreclosure action in the Kenton Circuit Court seeking enforcement of the Acuffs’ note and mortgage. The Complaint asserted that Wells Fargo was the. Wells Fargo had standing to pursue the foreclosure.Some rare good news for Bank of America: the Second Circuit just reversed the ruling of District Court Judge William Pauley in the highly-publicized .5 billion settlement between BofA, Bank of New York (BoNY), and Kathy Patrick’s institutional investors over mortgage putbacks; meaning the case will be sent back to state court to be tried as an Article 77 proceeding, rather than a class action. · Fannie Mae Gives go-ahead for lenders to assist with closing costs Published on April 4, 2018 April 4, 2018 by CapitalCityRealEstateMagazine While it’s not quite the same as the down payment assistance that the government-sponsored enterprises used to allow , lenders now have a new way to help borrowers buy a home – closing cost assistance.
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Economist Reports the Housing Market Double Dip is Beginning FHFA: Completes fifth consecutive unmodified audit financial audit: Federal Housing Finance Agency’s fiscal years 2016 and 2015 Financial. for the eighth consecutive year, FHFA received an unmodified audit opinion. this report are reliable and complete in accordance with Office of Management and Budget
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Do you know why buying a home is cheaper than renting? · ”Buying is much cheaper than renting in slow-growing places with high vacancy rates and land to spare like Detroit and Cleveland, where prices are unlikely to improve much in the future,” said Trulia’s chief economist Jed Kolko. The rule of thumb is that if buying is 15 or more times more expensive than renting, then it’s smarter to rent.
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‘Overwhelming Supply’ Affecting Housing Market: Radar Logic · Everyone starts their day with a routine, and like most people these days, mine starts by checking my phone. But where most people look for the weather update, local.