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The developer signed a $12 million deed-in-lieu of foreclosure with Republic Bank of Chicago for condos at 1464 South Michigan Avenue.
Both a deed of trust and a mortgage enable a borrower to purchase property. In some states, a deed of trust can substitute for a mortgage. In most cases, a foreclosure under a deed of trust does ...
Cypress reached a $2 million settlement with the Massachusetts AG over alleged violations of foreclosure prevention and consumer protection laws.
CNBC Select reviews Finance of America, a leader in the reverse mortgage market with a wide assortment of options.
Typically, foreclosure proceedings begin after you miss four consecutive mortgage payments — or are 120 days delinquent — without working out a solution with your lender, but the timing varies by your ...
Lakeside Group has purchased the Grand apartment building in Oakland for nearly $98 million.
Foreclosure activity is increasing across the United States, and Massachusetts is among the many states seeing increased activity.
A real estate owned (REO) property that's owned by the bank often sells for below market value, and could be a good deal if you're looking to purchase a home.
For example, Massachusetts Institute of Technology vice president Glen Shor wrote in a statement to Bloomberg in May that the university had issued bonds for “additional flexibility” to “ensure it can ...
Remote depositions are rapidly becoming more commonplace. Counsel must fulfill their professional duty to remain informed about changes in the practice of law by understanding the unique issues ...