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“Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond.” [30]
The independent foreclosure review was an initiative in the United States to attempt to provide aid to homeowners who had either received their Notice of Default, or were in danger of foreclosure in early 2010's. The review was initiated as a result of the Foreclosure Crisis of 2010. The Independent Foreclosure Review provided homeowners the ...
In property law, the term free and clear refers to ownership without legal encumbrances, such as a lien or mortgage. [1] For example: a person owns a house free and clear if he has paid off the mortgage and no creditor has filed a lien against it.
In December 2020, the New York State Legislature passed a state moratorium on evictions. [11] In May 2021, the legislature extended the moratorium until August 31. [12]The Supreme Court struck down a provision of the state moratorium that protected people who filed a form declaring economic hardship, rather than providing evidence in court.
Jamaica is a neighborhood in the New York City borough of Queens.It has a popular large commercial and retail area, though part of the neighborhood is also residential. Jamaica is bordered by Hollis, St Albans, and Cambria Heights to the east; South Jamaica, Rochdale Village, John F. Kennedy International Airport, and Springfield Gardens to the south; Laurelton and Rosedale to the southeast ...
Aerial view of Levittown c. 1959. Most of the land on which Levittown is built was purchased in 1951. [6] Levitt and Sons only built six models of houses in Levittown, all single-family dwellings with lawns: the Levittowner, the Rancher, the Jubilee, the Pennsylvanian, the Colonial and the Country Clubber, with only modest exterior variations within each model.
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