Essays on Foreclosure

Chapter III

This chapter will review the background of Real Property Law in the Kingdom of Saudi Arabia. In order to lay the foundation for comparisons in subsequent chapters, the elements of the Saudi judicial system and real property law will be reviewed. The background information pertaining to Saudi Arabia will feature the judicial court system, the property rights and real property ownership. A review of the current mortgage law in Saudi Arabia will be analyzed as well as possible reform to include the application of anti-deficiency laws.

Introduction

Saudi Arabia is governed by a monarchy. Its current legal system under the ...

Summary Paper of Research Paper

Analysis to Study Housing Values in Boston Introduction The analysis of company activities, as well as the enactment of its plans, applies the concept of linear regression as the technique of analysis. Boston is a place in England that covers both the Boston Municipality, as well as the metropolitan region (Bluestone et al. 41). The area is famous as Combined Statistical Area, consisting of the Manchester Municipality, the Cape Cod in Massachusetts, the Worcester, the Providence, as well as the South Coast Region. The metropolitan statistical area entails the part of Massachusetts, the south coast region, and the Cape ...

CHAPTER II

This chapter will seek to conduct an absolute inquiry into what makes up security interest laws in the United States. In order to lay the foundation for comparisons in subsequent chapters, the three main elements of the study of the Saudi system will be reviewed here in the context of U.S laws with an emphasis on California state law. The features of the California legal system will include the assessment of foreclosure rules and patterns in California. This will include a detailed fact-based evaluation of CCP580 (b), CCP580 (d) and CCP726 (a). The different components will enable the study ...

Meaning of Neighborhood Stabilization Program

NSP (Neighborhood Stabilization Program) is an initiative established by the U.S Congress with the objective of stabilizing communities that have been subjected to property abandonment and foreclosures. This program was initiated under Housing and Economic Recovery Act of 2008, and it was intended to repurchase and redevelop the abandoned and foreclosed properties and homes (Neighborhood, 2016). Low- income individuals who default to service their mortgages usually have their residential property repossessed by the lenders. People are evicted from their homes, resulting in abandonment and foreclosure of the property. Such property would remain under the ownership of private lenders after ...

William G. Perry: Forms of Intellectual and Ethical Development in the College Years

Perry conducts research on college age students and sets forth their intellectual and ethical development through nine positions. Position One is designated as Basic Duality. At this stage, the student places knowledge into two categories: the “in-group” and the “outgroup” (Diessner, 2008). According to Perry, position one has the following attributes: Within the in group are things familiar: truths that concern obedience. The student develops knowledge through committing items to memory and obeying Authority. The out group consists of things unknown or alien to the student. This set of knowledge is considered illegitimate and wrong. The student sees no ...

Abstract

When borrowers fail to pay their debt, lenders have a right to recover their loans from borrowers. There is a judicial foreclosure process that every lender has to follow in state of Florida. The state of Florida has witnessed very high rate of foreclosure in recent times in comparison of other US states. There is no other process of foreclosure in the state of Florida while other states provide other states provide alternative ways to foreclosure. Florida is not the only one state where judicial foreclosure is the sole process of foreclosure, but there are several other states that ...

Background Introduction

The paper explores four court cases where IRS has won two of these cases and the taxpayers an equal two cases. The main area of focus is on gains, losses and investments resulting directly or indirectly from these cases. The cases have been examined to establish the elements that influenced the decisions made. Also, the quality of the decisions made has also been discussed as per the tax returns laws and the IRS implementation of the same. Existing studies show that the agency has more likelihood of winning in cases where it has been pitted against the taxpayers in ...

The formation of one’s identity is the major characteristic of adolescent development. The identity formation process involves progressive changes from the time one is born to a level when one attains stability in their identity (Crocetti, Rubini, Luyckx & Meeus, 2007). These changes are assessed in three dimensions; exploration, commitment, and reconsideration. The exploration dimension involves a period when one is trying to experience and experiment alternative domains to form an identity (Crocetti, Rubini, Luyckx & Meeus, 2007). After one has made a choice on the alternatives, they implement the best alternative by making a commitment to the chosen domains. ...

Why are homeowners continually losing? They are losing their homes. They are losing their finances. And they are losing their rights to be protected from acts of disservice from the banks they trusted to secure a home mortgage. And there seems to be no winning in sight because the federal and state attorneys general cannot agree on a feasible settlement to hold the banks accountable for the misappropriation of foreclosure transactions.

Why would 50 state attorneys general collectively agree to present a draft settlement that was unclear, knowing that federal officials, Democratic and Republican, would attack it? These officials support the efforts, ...