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Watch the Latest Appraisal
News Headlines - mortgage bankruptcy

Palm Beach Daily News

Fourth foreclosure sale canceled for Palm Beach oceanside house
Palm Beach Daily News
Beleaguered Palm Beach developer Robert “Bob” V. Matthews once again has narrowly avoided losing his oceanfront mansion in Palm Beach in a court-ordered foreclosure auction involving an unpaid $26 million mortgage. Previously rescheduled three times ...

The Columbus Dispatch

Real Estate Matters: Bankruptcy doesn't usually clear home liens
The Columbus Dispatch
Q: I went through Chapter 7 discharge but the bank will not release the lien on my home. What can I do? A: There is at least one thing that you must know about bankruptcy and how it affects home mortgages: A person goes through the bankruptcy process ...

Bank of America to Pay $6 Million to Bankrupt Couple Evicted From ...
Fox Business
Bank of America Corp. has agreed to pay more than $6 million to a California couple whom a federal judge said had been harassed and illegally foreclosed ...

and more »


Teresa Giudice bankruptcy settlement talks break down, lawyers charge 'bad faith'
Giudice and her husband Joe, who is currently serving his own 41-month federal prison term for bankruptcy fraud and conspiracy to commit wire and mail fraud, filed for bankruptcy through Kridel in October 2009, saying they owed millions to mortgage ...

rue21 Bankruptcy Objections Filed
Bankrupt Company News (press release) (blog)
rue21's official committee of unsecured creditors and Woodmont Companies, DDR, DLC Management, GGP Limited Partnership, Gregory Greenfield & Associates, Jones Lang LaSalle Americas, Northwest Capital Investment Group, Regency Centers, Rouse ...

Walter Proposes Restructuring Plan to Avert Potential Bankruptcy
Reverse Mortgage Daily
The troubled servicer, which continues to service reverse mortgages under its Reverse Mortgage Solutions brand, said it entered into a restructuring support agreement (RSA) with certain lenders on Monday, under which the company would buy back some of ...

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Crossroads Investors, L.P. v. Federal National Mortgage Association ...
The Recorder
All of creditor's communications with debtor during debtor's bankruptcy constituted protected activity (Nicholson, Acting P.J.)

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Business Insider

Citi just drew an 'eerily reminiscent' parallel between student loans and the subprime mortgage crisis
Business Insider
Unlike mortgage loans, discharging college debt is nearly impossible, even in cases of bankruptcy. So borrowers are left in the lurch when they are unable to make payments. Missing one loan payment can wreak havoc on an individual's credit score, and ...

and more »

5th Cir. Holds Mortgage Fraud Debts Not Dischargeable - Lexology
Lexology (registration)
The U.S. Court of Appeals for the Fifth Circuit recently held that debts arising from a scheme to deprive mortgagees of surplus foreclosure sale…

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Ramsey: Don't go into debt for home improvements
DEAR MIKE: I would never advise anything like this, unless it's to avoid bankruptcy. Here's the problem with that kind of plan. Most people who do that kind of thing don't change their financial habits. In fact, they end up with a new mortgage and new ...

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