The state of Ohio has filed a lawsuit alleging Carrington Mortgage Services LLC breached its agreement to offer “reasonable” loan modifications to eligible borrowers.
The state and Carrington entered a pact in January 2008 to resolve a dispute arising from the state’s New Century Financial Corp. litigation, requiring the company to engage in “good faith” negotiations to help New Century borrowers avoid foreclosure. Continue reading “Carrington Mortgage Being Sued”
The Related Group, already facing financial problems at several projects and foreclosure on CityPlace South Tower locally, may have to pay $7 million for alleged construction defects at the oceanfront Beach Club in Hallandale Beach before disbursing proceeds from its last three units there. The Beach Club master association last week asked Broward Circuit Judge Ronald Rothschild to take jurisdiction of the three units through a writ of attachment. A hearing is scheduled for Friday. Continue reading “Judge Taking over Condos”
Each year, scores of property managers and landlords suffer from paying high taxes than they normally do. Taxes are dependent to each landlord’s income based on the actual income of the property. But taking account of this situation, what can a landlord do to ease the pain of paying sky-high taxes every year.
What usually the landlords’ do not know is that there are some ways to deduce their tax. This way is designed to provide more tax benefit to landlords. Availing this, they can enjoy the following: Continue reading “Landlord’s Tax Deductions”
The process of foreclosure differs by each state, here are the general steps of foreclosure. If you are faced ith foreclosure, it’s important that you research your state’s laws and practices.
Foreclosure proceedings can begin after a single missed payment, but its not likely. Most banks and lenders have a grace period for late payments, usually with a fee added on. It typically takes being a full 30 days late for the alarm bells to go off. After the second missed payment, you’ll be getting some phone calls. Many lenders will only accept both late payments to bring the loan current. They also may refuse any partial payments. Continue reading “Process of Foreclosure”
Fake and bake or spray tan? He will probably loose that tan in jail. Its about time the Angelo Mozilo gets accused of something, with all the money he made and misleading investors down to the last days of Countrywide.
Today the U.S. government has accused Angelo Mozilo and two other former executives of the fallen mortgage lender Countrywide of civil fraud and insider trading. The three dispute the civil charges by the Securities and Exchange Commission. Continue reading “Nice Tan”
Comments and Discussion