JEFFERSON CITY, Mo. (AP) -- Governor Jay Nixon has signed legislation requiring the new owners of foreclosed homes to give tenants notice before evicting them. The new law was prompted by cases in which renters were unaware that landlords had failed ..., more
and TD Bank seeks foreclosure on West Palm retail center - Birmingham Business Journal The Canadian-owned bank filed a foreclosure action Friday against Palm Beach-based Okee Property East, according to Palm Beach County Circuit Court records. The complaint is based on a $3.4 million construction loan the developer secured in March ..., more
and UPDATE 2-U.S. asks banks to expand foreclosure prevention - Forbes WASHINGTON, July 10 (Reuters) - The Obama administration is asking the largest mortgage finance companies to quicken the pace of modifying home loans and help more troubled borrowers avoid foreclosure. The largest 25 mortgage servicers should appoint ..., more
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