Comerica to Exit Mortgage Banker Finance Business to Boost Capital Efficiency
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BAP Gives Post-Petition Appreciation to Chapter 7 Estate on Conversion from Chapter 13
In a rising real estate market, chapter 13 debtors risk losing their homes if they sell or convert to chapter 7.
Court:
Supreme Court Holds that Real Estate Tax Foreclosures Can Violate the Takings Clause
The high court’s ruling on the Takings Clause also seems to mean that real estate tax foreclosures can be avoided as constructively fraudulent transfers.
Court:
Average Long-Term U.S. Mortgage Rate Rises to 6.57% This Week, Highest Level Since Mid-March
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Find and Fix the Flaws in Appraisals Before They Are Subjected to Cross Examination
An appraisal was rejected entirely as being ‘inherently unreliable’ when it gave the client the value that the client wanted.
Financial Stability Experts at the Fed Turn a Wary Eye on Commercial Real Estate
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Bankruptcy Doesn’t Automatically Accelerate a Mortgage, State Supreme Court Says
A discharge in bankruptcy by itself does not start the statute of limitations running on a defaulted mortgage, Colorado Supreme Court holds.
Court:
First Republic’s Jumbo Mortgages Brought On the Bank’s Failure
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Judge Approves Liquidation Plan for RMIT
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