Kind of a twisty turny story there. The lender's comments are actually pretty hilarious.
Quote:
But Richard Wheldon, managing partner of Romspen Mortgage, said he expects the issues that led to the foreclosure filing to be resolved soon: "In our opinion, this is something that is going to be built out."
"We have a long-term view on how good the project is, and once this is resolved — the partnership dispute — then it’s away to the races as far as we are concerned," Wheldon said.
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In other words -- these two squabbling gents will almost certainly figure something out, and then we'll all continue making money apace.