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The beleaguered building encountered 'catastrophic setbacks from the beginning', a lender alleges in the filings. Block 216 was designed as a mix of ritzy apartments, office and hotel space which ...
MBA does not, however, support “granting VA new statutory forbearance and foreclosure moratorium authority,” urging the committee to remove or modify the provision due to concerns of operation ...
“A deed in lieu either stops the lender from commencing a foreclosure or stops a foreclosure that has been commenced. Simply stated, the borrower turns over the keys to the lender,” Gerson said.
As the first quarter drew to a close, at least 25 major office properties across the Denver area were outright owned by a lender, thanks to a foreclosure or deed-in-lieu of foreclosure, or effectively ...