Lastest Foreclosure News

State Supreme Court rules for Chimayó couple in foreclosure fight
The Supreme Court's opinion says:”We hold that the Bank of New York did not establish its lawful standing in this case to file a home mortgage foreclosure action. We also hold that a borrower's ability to repay a home mortgage loan is one of the …
Read more on ABQ Journal

Oceanfront mansion owner files Chapter 11 to halt foreclosure
The owner of an oceanfront mansion in Highland Beach filed Chapter 11 in U.S. Bankruptcy Court to halt a foreclosure auction. JPMorgan Chase Bank won a $ 7.9 million foreclosure judgment on Feb. 6 against Delray Florida Properties and managing …
Read more on South Florida Business Journal

The role of investors in post-foreclosure experience
The research, commissioned by the Joint Center for Housing Studies at Harvard University, looked at almost 39,000 foreclosed Cleveland residential properties that were sold by banks and subsequently may have changed hands between 2000 and March …
Read more on Chicago Tribune

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