U.S. Appeals Court Expands Bankruptcy Shield Against Home Foreclosure
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Texas Mortgage Company’s Mass Layoff Wasn’t Its First, Former Employees Claim
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District Judge Effectively Bars a Short Sale Without Paying the Homestead Exemption
Reversing, a Long Island district judge credits value to a homeowner’s ability to delay foreclosure, taking a position contrary to a recent decision from a Ninth Circuit B.A.P.
Mortgage Market Tumult Pushes Pimco-Backed Home Lender Into Chapter 11
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Four Circuits Now Permit Fraudulent Transfer Attacks on Real Estate Tax Foreclosures
Circuit courts are split 4/3 on their interpretation of Supreme Court precedent holding that regularly conducted mortgage foreclosures are immune from fraudulent transfer attack.
Court:
Chapter 7 Debtors Have No Appellate Standing to Challenge a Short Sale, BAP Says
BAP doesn’t allow debtors to appeal when a trustee sells their home out from underneath them in a short sale.
Court:
A Hotel Without Income Is ‘Single Asset Real Estate,’ District Judge Says
An operating hotel may not be single asset real estate, but an uncompleted hotel with no income is single asset real estate, according to a Los Angeles district judge.
Mortgage Rates Hit 5.78%, Highest Level Since 2008
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Mortgage Delinquency Rates Trended Down in March
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