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Fitch Affirms Dysart USD No. 89, AZ School Improv Bonds at ''AA-'; Outlook Revised to Negative Tuesday, July 19, 2011 @ 5:01PMFitch Ratings has taken the following rating action on Dysart USD No. 89 of Maricopa County, Arizona's bonds as part of its continuous surveillance efforts:
Lawmakers call for hearings on robo-signing Tuesday, July 19, 2011 @ 4:59PMLawmakers and enforcement agencies called for hearings and further investigation Tuesday after learning that the illegal practice known as robo-signing has continued in the mortgage industry.
Home building spikes in June after dismal spring Tuesday, July 19, 2011 @ 4:59PMshare: digg facebook twitter WASHINGTON (AP) — Builders broke ground on more single-family homes and apartments in June, as the home-building industry tried to shake off a historically bad spring. [...] that's roughly half the 1.2 million homes per year that economists say must be built to sustain a healthy housing market. Single-family home construction rose a more modest 9.4 percent. June's ...
Mortgage Default Notices Hit Four Year Low Tuesday, July 19, 2011 @ 4:54PMSAN DIEGO — The number of default notices mailed out by banks in April, May and June totaled almost 57,000, down significantly from the 70,000 issued during the same period last year. Default notices are the first official sign that a homeowner is on the path to a foreclosure.
Housing Starts Are Up, but Don't Cheer Just Yet Tuesday, July 19, 2011 @ 4:46PMDespite encouraging numbers, housing isn't out of the woods yet.
Linkage: Foreclosures; Mario Buatta; New Decor for Spelling Manor; More! Tuesday, July 19, 2011 @ 4:29PMPhoto via Choices Blog · There's an app devoted to finding foreclosed properties. [RDB] · Spotlight on: Mario Buatta. [Kate Spade via Lonny Blog] · How to prepare your home for al fresco dining. [MyDeco] · Really pretty fluorescent...
If Uncle Sam hits the ceiling, your bills could go through the roof. Government awaits deal to raise debt ceiling as ... Tuesday, July 19, 2011 @ 4:28PMWhat’s worth more than billions of dollars, affects millions of Americans and has political parties torn? The $14.3-trillion debt ceiling. An easy comparison to the ceiling is a credit card payment. Pay the minimum — or more — owed to the...
State's upgraded credit rating may be hard to impress the public Monday, July 18, 2011 @ 4:00AMStandard & Poor's changed its outlook from negative to stable based on spending cuts and savings measures.
Yorba Linda listings: 25% foreclosures, short sales Monday, July 18, 2011 @ 3:19AMReal estate for sale in Yorba Linda looks brighter by one set of statistics. Every two weeks, Orange County broker Steve Thomas publishes a report on the supply of local homes for sale. Here's what the latest report -- as of July 7 -- has to say...
Global consumer confidence at 2 year low Monday, July 18, 2011 @ 2:50AMGlobal consumer confidence fell in the second quarter to its lowest level in a year and a half as an uncertain economic outlook, a deepening euro zone debt crisis and rising inflation made people more cautious.
Corporate Whistle Blower Center Urges Mortgage Loan Servicing Or Bank Foreclosure Insiders To Step Up For Potentially ... Monday, July 18, 2011 @ 2:29AMThe Corporate Whistle Blower Center is dramatically increasing its efforts to expand its whistleblower initiative into the US mortgage servicing industry. The group says, "The US mortgage loan servicing industry is rotten to the core, and there is so much wrongdoing it almost is impossible to even comprehend. In the instance of big banks, or big loan servicing companies doing it wrong, or ...
Pre-Auction 'Buy It Now' Period Extended Until July 18th for 83 Properties Going to Online Real Estate Auction at ... Monday, July 18, 2011 @ 2:10AMLicensed real estate broker Rowell Auctions Inc. has announced an online auction of 83 unique properties in the Georgia and North Carolina. Bidding ends on July 26th. The auction will include new homes, townhouses, subdivision lots, whole subdivisions, commercial properties, and businesses. Moultrie, GA (PRWEB) July 16, 2011 This highly anticipated auction has many sought-after properties ...
Builders Push ‘Green’ to Stand Out in Foreclosure-Filled Market Sunday, July 17, 2011 @ 11:29PMIn the 20 years Ron Betenbough’s company has been building homes in west Texas, he’s always been willing to compete on price. Now, in a market crowded with cheap properties, he’s also touting environmentally friendly construction and energy-saving features.
Obama camp moves event from Pfizer offices Friday, July 15, 2011 @ 3:15AMPresident Obama’s campaign committee moved a fund-raiser featuring Mayor Rahm Emanuel of Chicago from the Pfizer world headquarters to another location in New York City yesterday after the Globe inquired about the propriety of a major pharmaceutical company hosting an event that could benefit the administration regulating it.
South Island win youth rugby trophy Friday, July 15, 2011 @ 3:14AMA 12-5 victory over Vancouver North in the last round robin match won the Vancouver Island South the Men’s Under-16 rugby provincials championship on Sunday.
Bay Area home sales, prices drop from year earlier Friday, July 15, 2011 @ 2:34AMHome sales in the Bay Area fell 4.5 percent in June from a year earlier as tight credit restrained purchases, according to DataQuick. A total of 7,998 houses and condominiums sold in the nine-county region last month,...
Making The American Dream A Reality Friday, July 15, 2011 @ 2:33AMBuy and Sell Existing Homes via Land Contract on http://www.LandContractSalesOnline.com (PRWeb July 15, 2011) Read the full story at http://www.prweb.com/releases/Land/Contract/prweb8643793.htm
Foreclosure activity slowed in the first half of 2011 Friday, July 15, 2011 @ 1:38AMLOS ANGELES -- The number of homes taken back by lenders in the first half of this year fell 30 percent compared with the same 2010 period, the result of delays in foreclosure processing that threaten
Miranda Jones joins Keller Williams Friday, July 15, 2011 @ 12:17AMMiranda Jones
County Holding Public Information Sessions on Plan for Coliseum Area Friday, July 15, 2011 @ 12:12AMPublic to Vote on $400 Million Bond Referendum August 1 In the first of a series of information sessions planned to cover most of Nassau County, county officials held a public forum at the East Meadow Library on Wednesday, June 29 for residents in the Town of Hempstead regarding what is called the “Hub” area. On hand to discuss the economic development and jobs creation plan for the Coliseum and ...
Top 20 states by foreclosure rate, January-June Thursday, July 14, 2011 @ 3:33AMHere is a list of the top 20 states with the highest foreclosure rates in the first half of this year. The ratio shows, for example, that one out of every 21 households in Nevada received a foreclosure notice during the six-month period. Also highlighted: The number of properties that received notices. Rate rank State Ratio of foreclosures to households ... AD: Helping the first responders ...
Summary Box: Foreclosures slow 1st half of 2011 Thursday, July 14, 2011 @ 3:33AMREPOSSESSIONS SLOW: Foreclosure listing service RealtyTrac says the number of homes repossessed by banks in the first half of the year fell 30 percent from the same period last year amid lender foreclosure processing delays. Overall foreclosure-related notices declined 29 percent in the same period.
Foreclosure activity slowed in first half of 2011 Thursday, July 14, 2011 @ 3:33AMThe number of homes taken back by lenders in the first half of this year fell 30 percent compared with the same 2010 period, the result of delays in foreclosure processing that threaten to stall a U.S. housing recovery.
Foreclosure filings high in California Thursday, July 14, 2011 @ 3:11AMCalifornia had the nation's highest number of foreclosure filings in the first half of 2011 but the numbers have fallen dramatically from last year, according to RealtyTrac.
Brookstone Law, PC: Worst US Housing Collapse Since Great Depression Means Even More Problems for Homeowners Facing ... Thursday, July 14, 2011 @ 2:37AMNew Study Predicting Continued Economic Troubles Means More Aggressive Approach to Foreclosures by Banks (PRWeb July 14, 2011) Read the full story at http://www.prweb.com/releases/2011/7/prweb8640329.htm
Oklahoma foreclosures drop Thursday, July 14, 2011 @ 2:36AMHome repossessions in Oklahoma were significantly less common during the first half of 2011 than they were at anytime in the previous year.
Sharing Good News Through Poems Thursday, July 14, 2011 @ 2:33AMNew book offers encouragement and hope through some “Good News”. (PRWeb July 14, 2011) Read the full story at http://www.prweb.com/releases/2011/7/prweb8639323.htm
Aliso Viejo listings: 51% are distressed homes Thursday, July 14, 2011 @ 2:22AMReal estate for sale in Aliso Viejo looks slower by one set of statistics. Every two weeks, Orange County broker Steve Thomas publishes a report on the supply of local homes for sale. Here's what the latest report -- as of July 7 -- has to say about...
East Bay foreclosure activity falls in June Thursday, July 14, 2011 @ 2:22AMSlowdown stems from new requirements imposed on lenders
BofA Gives $30K Worth Of Social Security Payments To Wrong Person Tuesday, July 12, 2011 @ 5:01PMBank errors with serious consequences continue to pile up, and not only because of the "robo-signing" that has become so closely associated with allegedly wrongful foreclosures.
Janesville property values up 12 percent Tuesday, July 12, 2011 @ 4:40PMAssessments, last done in 2002, in mail
New York probes Bank of America $8.5 billion mortgage pact Tuesday, July 12, 2011 @ 4:39PMNEW YORK (Reuters) - New York's attorney general is investigating Bank of America Corp's $8.5 billion settlement with investors over losses in mortgage-backed securities, and has sought data from 20 institutional investors that agreed to the accord.
Two congressmen want military foreclosure probe Tuesday, July 12, 2011 @ 4:36PM(Inserts paragraphs 7-9 with context, quotes) Two Democratic congressmen called Tuesday for further investigation into allegations that banks wrongly foreclosed on active-duty members of the military. Bank of America Corp. BAC, Morgan Stanley MS and J.P. Morgan Chase & Co. JPM have acknowledged and apologized for violations of a federal law that provides financial protections to active duty ...
A Chat With Dr. Randal Pinkett - The Only African-American Winner of "The Apprentice" Tuesday, July 12, 2011 @ 4:33PMNationwide (July 12, 2011) -- Dr. Randal Pinkett has established himself as an entrepreneur, speaker, author and scholar, and as a leading voice for his generation in business and technology.
New Foreclosure Study Finds the More That’s Owed, the Longer the Defaulter Can Stay Tuesday, July 12, 2011 @ 3:52PMRISMEDIA, July 13, 2011—Homeowners living in houses worth over $417,000 can live in their homes mortgage-free without fear of foreclosure for more than a year, but those in the less valuable homes are getting thrown out in 300 days or…
Even In a Struggling Market, You Can Still Sell Your House Tuesday, July 12, 2011 @ 3:12PMAs the housing market struggles to punch its way out of an economic collapse, selling a home these days might seem like an impossible task. But it can be done. It just takes patience, a little luck-and a willingness to lower your price.
Irvine listings: 25% are distressed homes Tuesday, July 12, 2011 @ 3:04PMIrvine's resale housing market has 124 days worth of inventory of residences to sell vs. 119 days countywide. That's according to the latest inventory math of Orange County broker Steve Thomas. Thomas calculates a "market time" benchmark tracking...
FICO Quarterly Survey Finds Bankers Cautiously Optimistic about Consumer Credit, Pessimistic about Small Business Tuesday, July 12, 2011 @ 9:16AMMINNEAPOLIS--(BUSINESS WIRE)--Key findings in FICO’s Quarterly Survey of Bank Risk Professionals offered mixed signals about the outlook for the U.S. economy, with bankers remaining optimistic about the financial health of consumers but indicating that the “credit gap” for small businesses will grow, and expressing concern about residential mortgage foreclosures. The survey was conducted for ...
Government Gone Wild Releases New Video: Members of Congress Got Rich While Economy Tanked Tuesday, July 12, 2011 @ 8:45AMTallahasseeGovernment Gone Wild, a non-partisan movement aimed at educating citizens about the national debt and out-of-control government spending, released a new video today. The Video Congress Does Not Want You To See highlights an alarming trend: members of Congress inuring massive personal financial gain even while everyday Americans continue to struggle in the current dismal economy....
What to Expect At Key Biscayne Real Estate Tuesday, July 12, 2011 @ 8:24AMThere are different places where you can live in. If you are fond of beaches then you can be sure to find the right place. Actually there are many communities that you can find in Florida that can be great places to live and work; and one of those places is the Key Biscayne.
Singles dive into the real estate market Tuesday, July 12, 2011 @ 7:48AMFor many singles, the time is ripe for that first big purchase. Interest rates are at historic lows and are expected to stay there for at least the near future.
Editorial: MERS ruling should mean back to mortgage basics Tuesday, July 12, 2011 @ 7:45AMPut yourself in the hot seat of any mortgaged homeowner. You have defaulted on your payments, and your bank is ready to take action. But what is this? Foreclosure is initiated against you, not by the bank, but by a...
Politics In 60 Seconds: What You Need To Know Right Now Tuesday, July 12, 2011 @ 6:59AMGood morning. Here's what you need to know: 1. The Wall Street Journal reports: " The euro was hammered again Tuesday , while peripheral bond spreads widened and stocks tumbled, as investors' fears about the euro-zone debt crisis spreading to Italy deepened and a meeting of European Union finance ministers failed to come up with a definite rescue plan."
In business: Foreclosures are the solution, not the problem Tuesday, July 12, 2011 @ 6:51AMFormer FDIC Chairman Sheila Bair says banks should write off uncollectable home-equity loans and modify mortgages. Read here.
Census 2010: Saginaw County vacancy rate climbs, but builders say worst likely over Tuesday, July 12, 2011 @ 6:39AMThe national housing market crash likely was a prime contributor to the rise in Saginaw County's vacancy rate -- 9 percent in 2010, up from 5.9 percent in 2000.
Emergency loan program to help 45 pay mortgages Tuesday, July 12, 2011 @ 12:14AMUnemployed homeowners could get $50,000 in help for foreclosed homes
Lucas, Wood courts post drops in foreclosures Monday, July 11, 2011 @ 11:31PMThe number of foreclosure cases in Lucas and Wood counties dropped dramatically through the first half of this year, a sign of both an improving economy and banks having lingering troubles moving their backlog of foreclosure cases forward, according to statistics compiled by the clerks of courts of metro Toledo's two largest counties.
It's neighbor vs. neighbor Monday, July 11, 2011 @ 11:29PMThe Inlet House condo complex in Fort Pierce, Fla., was once the kind of place the 55-and-older set aspired to. It was affordable.
Home sales hit high for '11: Still, June figures show 12% drop from 2010; market has abundance of foreclosed properties Monday, July 11, 2011 @ 11:27PMHome sales in the Charleston region last month hit a peak for 2011, but the local residential market is still suffering from an overabundance of foreclosed properties.
Latest Business News Monday, July 11, 2011 @ 11:21PMN.M. Bank Regulator Named Cynthia Richards of Albuquerque has been named the new director of the Fin ...