Sentences with phrase «of pending foreclosure»

The precise laws differ from state to state, but most states require some form of public notification of a pending foreclosure.

Most state laws apply when the documents initiating foreclosure, such as notice of default or notice of pending foreclosure, are issued.

Beginning July 1, 2015 the Fifth Judicial Circuit will be participating in a local Foreclosure Backlog Reduction Initiative in an effort to reduce the backlog of pending foreclosure cases in our circuit.

Statewide, the number of pending foreclosure cases increased from 72,183 at the beginning of 2013 to a peak of more than 91,600 in May 2014.

The foreclosure law requires banks to publish a notice of all pending foreclosures.

Not exact matches

«Kings County Supreme Court, led by Administrative Judge Lawrence Knipel, has reduced the number of our oldest pending cases by 25 percent, and increased the number of foreclosures resolved by 62 percent,» DiFiore said.

Established the Homeowners Protection Program, HOPP, in 2012, which currently funds 90 agencies across the state and has provided legal services and counseling to help nearly 65,000 families stay in their homes and avoid foreclosure; nearly a third of them have mortgage modifications pending or approved.

While several mortgage lenders have voluntarily ceased foreclosure proceedings pending investigation of alleged legal issues in their foreclosure processes, it's likely that other lenders may follow suit.

As if distressed homeowners didn't have enough to worry about, with the pending foreclosure of their homes, they should also be mindful of the tax implications associated with the December 31, 2013 expiration of the Mortgage Forgiveness Debt Relief Act.

If you are already in default, or have a foreclosure pending, this whole scenario and process of trying to short sell your home can be very emotionally draining.

In fact, I'm not aware of any new precedent addressing stays pending review in the foreclosure context.

Special litigation remedies available in real property disputes include preliminary injunctions to stop foreclosure or other activity, writs of attachment to secure recovery from real property, and lis pendens or Notice of Real Property Action recorded with the county to prevent the transfer of property to third parties while litigation is pending.

However, we all know it's unlikely that further review of past and pending foreclosures will result in reversals for many people.

On September 3, 2013, an interesting letter was sent by Florida Attorney General Pam Bondi to the Florida Supreme Court, where the Attorney General reminds the High Court of the Mortgage Settlement deal and asks that Florida courts (i.e., all of those Florida judges out there overseeing the 300,000 + pending foreclosure lawsuits across the Sunshine State) to remember that this provision still exits.

Landlords are required by City ordinance to notify tenants or prospective tenants of pending mortgage foreclosure or cancellation of contract for deed involving the licensed property.

The property must be appraised, as well, so that the short sale offer can be evaluated by the lender against the pending mortgage, the possible foreclosure, and the probability of a deficiency judgment against the seller / borrower.

There are so many reasons why you might need to sell your property, whether that be bankruptcy, divorce, death in the family, loss of a job, pending foreclosure or something else.

«By focusing on the state of the pending short sale market our goal was to also examine the fall - out rates on both short sales and foreclosure sales in the Mid-Atlantic region,» says Jonathan Hill, president of RBI.

Bank of America recently announced they are halting foreclosures nationwide, pending a review of their foreclosure procedures.

Many larger communities have a number of online and subscription services which compile the pending foreclosures in a specific geographic range.