Home Equity Theft Report: The Supreme Court reversed, holding that a lack of standing cannot support a motion for relief from judgment, and lack of standing does not render a judgment void for lack of subject matter jurisdiction. (Through lies and deceipt, you can now get a judgment against anyone, even though they didn’t harm you. Anyone! Anyone.
Supreme Court hears arguments on Chapter 12 bankruptcy, insider trading The Supreme Court is scheduled to hear oral arguments in Czyzewski v. Jevic Holding Corp. on November 28. In this week’s posts, Bruce Grohsgal argues in favor of structured dismissals in his forthcoming article, and Melissa Jacoby and Jonathan Lipson , in an amicus brief signed by several law professors, argue that the Court should reject the structured dismissal in this case as a violation of absolute priority.
Water still flowed from the faucets of a Hallandale Beach apartment complex on the day the city threatened to shut off its water supply.The complex’s residents received a notice last Tuesday from the city that said the building’s owner has not paid for water in 21 months, and therefore owes over $14,000.
Sweet, sweet justice: Florida homeowners foreclose on Bank of America – We Interrupt Florida Home Prices, Sales Continue to Rise in April South Florida home prices rise in April, but is market starting to cool?. Single-family sales rose 4 percent in Miami-Dade but were flat in Palm Beach County and dropped 4 percent in Broward.Over the past few years, we’ve heard plenty of horror stories about bungled foreclosures. The one of Warren and Maureen Nyerges, from the Naples, Fla. ‘Sweet Justice’: A Florida Couple ‘Forecloses’ On Bank Of America | WYSO
“In an earlier article on this page I proposed a plan to prevent declines of house prices back to the pre-bubble level from pushing current positive-equity homeowners into the negative-equity group. The essential feature of that plan is to replace 20% of the homeowner’s existing mortgage with a separate, full-recourse loan from the government.
The federal government concurred. It was the home owners’ loan corporation, not a private trade association, that pioneered the practice of redlining, selectively granting loans and insisting that any property it insured be covered by a restrictive covenant-a clause in the deed forbidding the sale of the property to anyone other than whites.
Help! Weekend Economists’ Beatles Edition july 17-19 2009. system. They wanted Main Street, not Wall Street, to control money. Why, they asked, should credit — for mortgages, home equity, consumer spending, auto loans, education, etc. — be available almost exclusively from private lenders at high rates of interest?. It doesn’t directly.
"This collection of ten essays commemorates the 50th anniversary of an important but almost forgotten U.S. Supreme court case, Hernndez v.Texas, 347 US 475 (1954), the major case involving Mexican Americans and jury selection, published just before Brown v.Board of Education in the 1954 Supreme Court reporter.
There’s been a lot of journalism (not to mention polls) in the past 24 hours suggesting that Republican John McCain is trailing Barack Obama in the presidential sweepstakes. dan balz writes that.
Signs like these are still a rarity across much of the country, as existing homeowners continue to hold off on moving to newer or bigger homes. home price appreciation is slowing. Consumer sentiment. First-time home buyers should know these important things about mortgages, including the difference between a mortgage and a deed of trust.
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