Hey CNBC, shut up about millennials already

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong

Morgan Stanley finally pays $275 million for subprime RMBS fraud

SEC charged company with misrepresenting loans

New home sales collapse, erasing recent surge

Sales 11.5% down YOY; fall to 406,000 annual pace
W S
Servicing / The Ticker

Injunction preventing hundreds of RI foreclosures is lifted

825 foreclosure cases to move forward

gavel and book
/ Print / Reprints /
| Share More
/ Text Size+

A Rhode Island federal judge lifted a blanket injunction, which initially blocked foreclosures in 825 different cases. But the First Circuit said the judge lacked the authority to do so, making it necessary for him to retreat from his earlier decision. Law360 explains:

“The court takes this action reluctantly because it continues to believe that, consistent with the law and proper procedure, it is in all parties' and the court's best interest to have the parties talk to each other in a meaningful way … without the threat and/or negative consequences of having plaintiffs' homes taken away from them due to foreclosure or eviction,” the order said.

Source: Law360
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus