Search for: "Foreclosure Management Company"
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12 Sep 2017, 10:49 am
CFPB’s examiners also found some companies did not follow the Know Before You Owe mortgage rules and some servicers failed to follow steps required by the Bureau’s mortgage servicing rule to work with borrowers trying to avoid foreclosure. [read post]
10 Sep 2017, 3:07 pm
PARK, DRUMMOND WOODSUM.TURNSTILE CAPITAL MANAGEMENT, Defendant, represented by BRIAN D. [read post]
17 Aug 2017, 11:35 am
An association may not hire an attorney who also represents the association’s management company; A board member, manager, or management company may not purchase a unit at the association’s assessment lien foreclosure sale or take title by deed-in-lieu of foreclosure. [read post]
10 Aug 2017, 4:54 pm
Consequently, absent contrary provisions in the organizational documents of the limited liability company or the unanimous consent in writing of the other members, in the event of a seizure of or foreclosure upon the membership interests, the creditor or any purchaser in a foreclosure sale is treated as an assignee of the membership interest, which only entitles the assigned to a right to receive distributions, share in the profits and losses, and receive… [read post]
5 Aug 2017, 11:50 am
Higginson writes separately to stress that "small" violations of the federal Fair Debt Collection Practices Act are still violations of the Act; draws colleagues' criticism for imprudently wading into uncharted territory in case where condo unit owners fought back against the Association, its management company, and the collection law firm and attorney hired by them. [read post]
20 Jul 2017, 6:00 am
Here at the Law Office of Ray Garcia, we help people manage all their real estate transactions and litigation, including foreclosures. [read post]
13 Jul 2017, 2:32 pm
Purchase of Units: A board member, manager or management company cannot purchase a unit at the association’s lien foreclosure sale or accept a deed in lieu of foreclosure resulting from unpaid assessments (except in a timeshare condominium). [read post]
5 Jul 2017, 12:00 pm
Under Florida Statutes Section 605.0603, if a person is dissociated as a member, the person’s right to participate in the management and conduct of the company’s activities and affairs terminates, but the dissociated member’s right to receive a distribution is not prohibited. [read post]
26 Jun 2017, 7:59 am
District court: The Army Corps of Engineers, which manages the waterway, enjoys sovereign immunity. [read post]
19 Jun 2017, 5:44 pm
Some choose to do this from the same or a different lending company. [read post]
19 Jun 2017, 1:49 pm
If the hapless borrower manages to retain the home, lender/servicers make hundreds of millions of dollars of additional annual revenue at little or no cost. [read post]
14 Jun 2017, 8:41 am
This means that the state is the appropriate manager, assuming it is not corrupt. [read post]
1 Jun 2017, 10:18 am
The most common complaints about bank accounts or services were problems with account management, deposits and withdrawals, and problems caused by low funds. [read post]
30 May 2017, 9:45 am
Florida SB1682 will be effective on July 1, 2017, as an amendment to Florida Statute 718.111, as follows: prohibiting an officer, director, or manager of a condominium association from soliciting, offering to accept, or accepting a kickback for which consideration has not been provided; prohibiting an association from hiring an attorney who represents the management company of the association; requiring the Division of Florida Condominiums, Timeshares, and Mobile Homes to… [read post]
24 May 2017, 6:36 am
The homeowners then filed suit against the association, the management company and the attorneys for violation of the FDCPA and its equivalent under Florida law, the FCCPA, or the Florida Consumer Collection Practices Act. [read post]
9 May 2017, 6:31 pm
In today’s report, the CFPB also reminds companies that creating incentives for employees and service providers to meet sales and other business goals can lead to consumer harm if those incentives are not properly managed. [read post]
28 Apr 2017, 5:13 am
It states that its initial work involves conducting baseline reviews of some service providers to learn about their structure, operations, compliance systems, and compliance management systems. [read post]
25 Apr 2017, 7:57 am
More likely, the owner of the note has contracted with a different outfit to manage collection on the note. [read post]
27 Mar 2017, 3:17 am
Vincent’s attempts to renegotiate the mortgage debt failed due to non-cooperation by James whom, Justice Dufficy found, “apparently does not care that the only asset of the company will be lost to foreclosure. [read post]
10 Mar 2017, 7:49 am
Remember, even loans managed by many banks (Chase, Wells Fargo, and many others) are actually owned by one of the two major government backed agencies. [read post]
