by Brian Huddleston | Mar 10, 2011 | Legislation & Case Notes, Real Estate Law
“I received a Form 1099-C, Cancellation of Debt from my lender, now what?” Form 1099-C: If your debt is reduced or eliminated, you will normally receive a year-end statement, Form 1099-C, Cancellation of Debt from your lender. By law, this form must show...
by Brian Huddleston | Feb 21, 2011 | Legislation & Case Notes, Real Estate Law
Under some states’ Construction Lien Acts, a contractor must record a construction lien within 90 days after the subcontractor last furnishes?labor or material for an improvement. In Stock Building Supply, L.L.C. v. Parsley Homes of Mazuchet Harbor, L.L.C., No....
by Brian Huddleston | Feb 21, 2011 | Legislation & Case Notes, Real Estate Law
by: GERALD L. JACKSON As housing markets struggle to rebound, a new wrinkle has been thrown into the mix by the Massachusetts Supreme Court, which voided several foreclosures because the banks involved could not demonstrate they had an interest in the mortgages at the...
by Brian Huddleston | Dec 16, 2010 | Firm News, Legislation & Case Notes
The baby cribs that allow the sides to be lowered can no longer be manufactured, sold or re-sold in the United States. The Consumer Product Safety Commission (CPSC), which governs the release of consumer products, banned the practice today by a unanimous vote. The ban...
by Brian Huddleston | Oct 13, 2010 | Legislation & Case Notes, Real Estate Law
It has recently come to light that a number of mortgage loan servicers have submitted affidavits or signed other documents in support of either a judicial or non-judicial foreclosure that appear to have procedural defects. In particular, it appears affidavits and...
by Brian Huddleston | Aug 13, 2010 | Legislation & Case Notes, Real Estate Law
The Home Affordable Modification Program (HAMP) is a program designed to boost the economy and to get the struggling housing market moving in the right direction again. HAMP may be used to modify first and second mortgages in order to keep a distressed homeowner in...
