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 | Nov 16, 2010 | Firm News, Real Estate Law
A number of mortgage servicers are facing attorneys general (AG) investigations in multiple states, as well as a large number of borrower and guarantor lawsuits amid a ?foreclosure crisis? fueled by substantial proof of improper and unlawful practices during judicial...
by Brian Huddleston | Nov 10, 2010 | Real Estate Law
Despite calls from Congress and public interest groups to impose a national foreclosure moratorium, the Obama Administration continues to resist the idea. Speaking on behalf of the administration, U.S. Department of Housing and Urban Development Secretary Shaun...
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...
