Tag: foreclosure
Manhattan mega foreclosure tops record
The largest foreclosure in U.S. history has been reported by Bloomberg… A Second, Even Bigger Foreclosure Reaches NYC Billionaires’ Row describes a $35 million loan made by Banque Havilland SA secured by a full floor apartment at One57, the one of the tallest residential buildings in New York City, located at 157 West 57th Street… […]
How car loans are different in a foreclosure
Most (but not all) states in the United States have some combination of “anti-deficiency laws” or “non-judicial foreclosure” proceedings, which prevent a bank or other lender from getting a deficiency judgment against a homeowner who has been foreclosed on… These rules prevent the lender from continuing to seek principal, interest, fees and expenses after the […]
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