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Another example of poor title work in the foreclosure process. A Massachusetts Land Court Judge invalidated a foreclosure that took place in Springfield. In his decision, he reasoned that since an assignment to the foreclosing lender was recorded after the foreclosing documentation, the foreclosure was invalid. So, if a foreclosure is invalid, can the prior owner [...] A great article from Preservation Monthly. The FHA is opening a one year program to help stabilize neighborhoods struck with foreclosure. The program, available February 1st, 2010 will allow access to FHA insurance much faster. In today’s market, FHA research finds that acquiring, rehabilitating and the reselling these properties to prospective homeowners often takes [...] |
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