Foreclosure Freeze to Chill Spring Housing
Foreclosure Freeze to Chill Spring Housing
By Diana Olick, CNBC Real Estate Reporter NEW YORK (CNBC) — The effects of the so-called “Robo-signing” scandal showed up in drastic numbers in a new report today from RealtyTrac. The number of properties receiving some kind of foreclosure filing fell 21 percent month to month and 14 percent year over year. It was the biggest monthly drop in the history of the survey. And while bank …
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NJ high court weighs in on foreclosure practices
Supreme Court Chief Justice Stuart Rabner on Monday announced that six lenders suspected of irregularities will have to present a case in court next month or face having their foreclosure actions suspended.
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Twain files for Chapter 11 to block foreclosure sale
A Las Vegas apartment and condominium complex filed for Chapter 11 bankruptcy reorganization last week to block a foreclosure sale planned by City National Bank.
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