Tag Archives: Foreclosed

Massachusetts Court Finds Plaintiff Has No Right to Sale Proceeds from Foreclosed Property

Massachusetts foreclosure proceedings may involve multiple legal challenges from different parties and extend over many years.  In a May 13, 2019 case, the Appeals Court of Massachusetts reviewed a dispute over the surplus sale proceeds following a real estate tax … Continue reading

Posted in Real Estate & Property Law | Tagged , , , , , , , , | Leave a comment

Rhode Island Foreclosed Property Preservationist Charged in Fraud Scheme

Mortgage Fraud Blog. Monique N. Brady, 44, East Greenwich, Rhode Island, whose business specialized in preserving the current condition of foreclosed homes for resale has been charged for allegedly operated a scheme whereby she raised and pocketed millions of dollars … Continue reading

Posted in Banking and Finance law | Tagged , , , | Leave a comment

Wheres Your Foreclosed Mortgage Going Now?

The Federal Reserve has offered banks another $200 billion in US currency in exchange for debt that includes mortgage securities, and includes subprime mortgage loans that they hold. Essentially, experts explain, the Fed is using the available funds to encourage … Continue reading

Posted in Bankruptcy Law | Tagged , , , | Leave a comment

How Can You Sell Your House Before it is Foreclosed On?

If you are suffering from financial hardship and facing home foreclosure, you may be able to sell your house before it is foreclosed on in order to avoid having a foreclosure sale report on your credit report and walk away … Continue reading

Posted in Bankruptcy Law | Tagged , , , | Leave a comment

Detroit's Mayor Offers Foreclosed Properties For $1,000

According to the Detroit News, Mayor Dave Bing is offering tax-foreclosed homes in Detroit to police officers for $1,000. Additional funds would be provided for rehabilitating the properties. According to the article, the majority of Detroit's police officers live in … Continue reading

Posted in Bankruptcy Law | Tagged , , , , | Leave a comment