Housing Market Braces for Rising Layoffs ‘Soon’ As Mortgage Lenders, Home Sellers Cut Thousands of Jobs
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Claiming ‘100% of FMV,' Debtors Keep Postpetition Appreciation in Exempt Assets
Ninth Circuit BAP interprets Taylor and Schwab to mean that a trustee cannot revisit the value of an exempt asset if the debtor claimed ‘100% of FMV’ and there was no timely objection.
Court:
A Security Deposit Is an Unsecured Loan, Unless State Law or the Lease Says Otherwise
If a tenant’s security deposit was swept by the landlord’s secured creditor but was not held in trust, the tenant has no recourse other than to file an unsecured claim.
Mortgage Giant Rocket Plunges Back to Earth, Hit by Rising Rates
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U.S. New Home Sales Fall in September; Prices Remain High
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U.S. Mortgage Interest Rates Hump to 7.16%, Highest Since 2001
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Sixth Circuit Holds that Tax Foreclosure Violates the Takings Clause of the Constitution
If tax foreclosures violate the Takings Clause, it stands to reason that they are also fraudulent transfers.
Court:
Mortgages Sold to Fannie, Freddie Should Use More than FICO Scores, Regulator Says
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