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Judge finds 'equity theft' law unconstitutional, pressuring Mass. lawmakers to act

N early a year after the U.S. Supreme Court ruled so-called "equity theft" unconstitutional, a Massachusetts judge confirmed the ruling applies to the way Massachusetts conducts tax foreclosures, ... read more

Foreclosure Abuse Prevention Act in a Nutshell

Adam Leitman Bailey and John Desiderio examine the background leading to the FAPA legislative amendments and how they have been construed, in recent Appellate Division decisions, where courts have ... read more

County holding off on foreclosure proceedings until state changes law

The county could be following its normal foreclosure process if it wasn't waiting for the state to update its law on surplus funds from foreclosures, a county treasurer's ... read more

What should a judgment of foreclosure indicate?

In Spouses Lontoc v. Spouses Tiglao, respondents Tomas, Jr. and Roselie Tiglao (collectively, “Spouses Tiglao”) failed to pay petitioners Leonardo and Nancy Lontoc (collectively, “Spouses Lontoc”) the ... read more

Foreclosure timelines can be hard to nail down

When a homeowner fails to make payments on the mortgage, the property can go into foreclosure. This process could take months or even years. read more

Berkman II property developer’s bankruptcy petition dismissed

The ruling against PB Riverfront Revitalization of Jacksonville LLC sets up a rescheduled foreclosure auction. read more

Foreclosure filed against TRMC

While the Thomasville Regional Medical Center has been promoted as one of the county’s jewels in the healthcare industry, the facility has been clouded with financial issues since its first opening in ... read more

Fort Worth's Burnett Plaza could face foreclosure

The owner of Fort Worth's tallest tower, Burnett Plaza, could face foreclosure by its lender. Pinnacle Bank alleges Burnett Cherry Street LLC, an entity of New York-based Opal Holdings LLC, has ... read more

Buyers grab downtown San Jose condos in foreclosure auction with winning bids up to $32,300

SAN JOSE — In an opportunity most would-be Bay Area homeowners can only dream about, a handful of buyers snagged nine condominiums in a downtown San Jose housing tower at auction — paying an ... read more

Developer Eretz Group faces foreclosure in Midtown from a familiar face: its tenant

Soros Fund Management, the asset manager for investor George Soros, has filed a foreclosure lawsuit against Eretz for defaulting on a $145 million mortgage for the Midtown property, which is home to ... read more

An Atlanta office-to-residential conversion faces foreclosure

Two Texas development firms were in the process of retrofitting the 48-year-old building into 120 apartments, but the effort is now in jeopardy. read more