Aug. 24 was St. Bartholomew’s Day. August 24, 1572, began one of the most horrifying holocausts in history. The Reformation, begun in Germany on October 31, 1517, had spread to France and was joyfully received. A great change had come over the people as industry and learning began to flourish, and so rapidly did the …
One of the most horrifying holocausts in history Read More »
Owners counter by sending the sheriff and movers to seize the bank’s furniture! When Warren and Maureen Nyerges bought a piece of the American Dream in 2009 by purchasing a foreclosed home in Florida, the couple never knew it would turn into a nightmare. After buying the single-story, 2,700-square-foot home from Bank of America for …
Bank Of America Forecloses — On Free & Clear House Read More »
From http://www.nakedcapitalism.com/2011/08/how-chase-ruined-lives-of-people-who-paid-off-their-mortgages.html Once you read the allegations in the cases included in this post, I strongly suspect you will agree that the “ruining lives” in the headline is not an exaggeration. And as important, these two cases, with very similar fact sets, also suggest that these abuses are not mere “mistakes”. These are clearly well …
How Chase Ruined Lives of People Who Paid Off Their Mortgages Read More »
The great imponderable of the long housing recession is whether we’d already be in a recovery if politicians hadn’t spent years trying to prevent foreclosures. The latest example of well-intentioned political damage comes from Chicago and new Mayor Rahm Emanuel, whose bad idea could soon go nationwide. Chicago’s City Council passed an ordinance late last …
Mortgage Holder May Be Liable For Property Condition Read More »
When sending cash flow note payors any kind of communication it’s always best to be direct. If they’re behind, never say you “might” foreclose; always say you will. You can always change your mind, and in most states your forbearance will not keep you from future action. If you intend your letter to be legal notice, make …
By Harvey Golub Over the years, I have paid a significant portion of my income to the various federal, state and local jurisdictions in which I have lived, and I deeply resent that President Obama has decided that I don’t need all the money I’ve not paid in taxes over the years, or that I …
There is a strong indication that home builders have almost ceased activity in several states as demand for newly built homes has dwindled. The slowdown in new home permits is particularly stark when compared to the total number of existing homes in each state. 24/7 Wall St. examined the number of building permits to find …
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