Topic
Foreclosures
868 published works
Georgia Bankruptcy Law Network
“Strategic Default” – A Popular, But Meaningless, Buzzword?
By Scott Riddle
A term that has become popular in the real estate crisis of the last few years is "strategic default" (or "strategic foreclosure"). The theory behind the term is that the…
PropertyProf Blog
Kelly on Solving the Vacant Building Problem
Jim Kelly (Notre Dame) has posted A Continuum In Remedies: Reconnecting Vacant Houses to the Market (St. Louis University Public Law Review) on SSRN. Here's the abstract:For decades, America’s older,…
Land Use Prof Blog
Kelly on A Continuum In Remedies: Reconnecting Vacant Houses to the Market
James (Jim) J. Kelly Jr. (Notre Dame), a fellow blogger here, has just posted A Continuum In Remedies: Reconnecting Vacant Houses to the Market, which is out this spring in…
Las Vegas Attorney Malik Ahmad
Nevada Laws about foreclosure: NRS 40.455 Deficiency Judgment
By Malik
CHAPTER 40 – ACTIONS AND PROCEEDINGS IN PARTICULAR CASES CONCERNING PROPERTY NRS 40.455 Deficiency judgment: Award to judgment creditor or beneficiary of deed of trust; exceptions. 1. Except as otherwise…
Mortgage Crisis & Financial Services Watch
Justice Department Keeps its Distance From Szymoniak Mortgage Fraud Lawsuit
As detailed in an August 2013 Salon article by David Dayen and a September 2013 Bloomberg Businessweek article by Karen Weise, West Palm Beach, Florida homeowner and attorney Lynn Szymoniak helped blow…
Las Vegas Attorney Malik Ahmad
What are the limitations on deficiency judgment in Nevada?
By Malik
Nevada Statute NRS 40.458 deals with Deficiency judgment as this placed many limitations and propitiation Award to judgment creditor or beneficiary of deed of trust under certain circumstances. Financial Institution:…
PropertyProf Blog
Mortgage Debt Relief Equals Big Tax Bill?
By Chris Odinet
The Washington Post reports that many homeowners who received principal write-downs as part of national efforts to blunt the harsh effects of the housing crisis, and thereby avoid additional foreclosures,…
Southeast Financial Litigation Monitor
Alabama Supreme Court Clarifies Rules on Foreclosure of Condominium Units
Condominium associations in Alabama have faced considerable confusion regarding the proper procedure for foreclosing on residential units for unpaid assessments. That confusion stemmed from the existence of two separate statutory…
Texas Bankruptcy Blog
CFPB Hunting Zombie Foreclosures
By Bryan Fears
The Consumer Financial Protection Bureau has turned its attention to “zombie” foreclosures, as reported by Reuters. A zombie foreclosure occurs when a bank begins a foreclosure, but then abandons the…
PropertyProf Blog
Foreclosing Lenders Turning to Courts for Protection?
By Chris Odinet
The conventional wisdom has been that mortgage lenders should, when possible, avoid foreclosing through the judicial process since involving the courts can result in long delays and the incurring of…