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Hawaii Supreme Court rules against insurance companies, $4B settlement to proceed

Housing Wire

It was reached by the plaintiffs and seven defendants: the State of Hawaii, the County of Maui, Hawaiian Electric , Kamehameha Schools , West Maui Land Co. Plaintiffs agreed to the settlement in part due to the potential for the power companys bankruptcy, despite the total figure not being enough to cover their losses.

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MORE Seller Financing wants to debunk ‘the bad rap for wraps’

Housing Wire

Seller financing spans residential, commercial and land transactions, with residential making up 63% of all deals over the past three years, Note Investor reported. Ive helped a lot of divorcees who have terrible credit and people that are a few months out of bankruptcy get into a home. on its own. They just had life happen.

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The deal doctor: How a Miami agent closes $25 million+ a year selling condos to plastic surgeons

Housing Wire

After filing for bankruptcy in Colombia, he relocated to Miami, where he struggled to find high-paying jobs. According to Daza, it’s the best (and only) way to land your crucial first client. He was broke, stressed out and miserable. Then his mother was diagnosed with cancer.

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Tough Calls: Lessons from Volcker, inflation, and the Fed’s crossroads

Housing Wire

They have embraced the soft landing narrative but have forgotten how to truly pilot. A repeat rise of inflation for this group, which represents more than 90 million households means deeper credit card use, crippling debt, mortgage defaults, student loan nonpayment, automobile repos, bankruptcies, and a decision between groceries or rent.

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An unwavering commitment to protecting Americans’ property rights

Housing Wire

Seasoned title professionals are skilled at conducting thorough searches of the public record looking for title defects; they dive deep into both physical and online land, divorce, and bankruptcy records as well as deeds and financial judgments.

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Trump’s budget request seeks $33B in HUD cuts

Housing Wire

A state-based formula program would also lead to significant terminations of federal regulations, he said, adding that the effort is related to broader moves to include federal land in the development of new housing. The document also calls for the elimination of the Community Development Block Grant (CDBG) program, cutting $3.3

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MV Realty files for bankruptcy

Housing Wire

Right-to-list agreement firm MV Realty has filed for Chapter 11 bankruptcy in 33 states. Over the past year, the American Land Title Association has worked to pass legislation at the state level to ban right-to-list agreements, such as those used by MV Realty. The story was first reported by CBS News.