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The National Community Stabilization Trust (NCST or Stabilization Trust) is a Washington, D.C.–based non-profit organization that facilitates the transfer of foreclosed and abandoned properties from financial institutions nationwide to local housing organizations to promote property reuse and neighborhood stability.
In the fall of 2010, major U.S. lenders such as JP Morgan Chase, [15] Ally Financial (formerly known as GMAC), and Bank of America [16] suspended judicial and non-judicial foreclosures across the United States over the potentially fraudulent practice of robo-signing.
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Bank of America is donating -- and in some cases bulldozing -- some of its foreclosed houses, according to Boston.com. The paper reports that the bank will donate 100 Cleveland-area homes located ...
The foreclosure process as applied to residential mortgage loans is a bank or other secured creditor selling or repossessing a parcel of real property after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust".
After a Michigan Supreme Court ruling, here's how former property owners can make claims for profits from tax foreclosure sales.
The city of Tawas City is to the northeast, and the Tawas City post office, with ZIP code 48763, also serves portions of northeastern Sherman Township. [8] The community of Turner is to the south in Arenac County, and the Turner post office, with ZIP code 48765, also serves portions of southern Sherman Township. [9]
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