A mortgage debtor assumes a double risk: the risk of losing the mortgaged property for a default under the obligation secured by the mortgage, plus the risk of being saddled with personal liability ...
Short sales and loan modifications have grown to help offset foreclosures, but banks are also turning more to deeds-in-lieu of foreclosure. Slightly more than 20,000 deeds-in-lieu of foreclosure ...
The property at 757 Third Avenue traded to New York Life Real Estate Investors through a deed-in-lieu of foreclosure.
In today’s climate of rising interest rates, stretched borrower balance sheets, and starkly uneven recovery across asset ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The special warranty deed was ...
While traditional enforcement often requires judicial intervention, alternative resolution strategies can deliver superior outcomes with reduced costs, compressed timelines, and diminished ...
Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin. A 30-year-old, 30,500-square-foot office building in the Town ...
A Downtown Washington, D.C., building has traded hands in lieu of foreclosure, the latest example of the ongoing office distress in the nation’s capital. Over 81 percent of that principal loan balance ...
The deed in lieu of foreclosure was filed Friday with the D.C. Recorder of Deeds. One of D.C.'s oldest fine-dining restaurants is closing Prominent Alexandria office building to be sold at foreclosure ...
Alterra Worldwide proposed a 24-story development on the property but let it go via deed-in-lieu of foreclosure on a $13.9 ...