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Brookstone Law, PC: Recent Bank of America Settlements Signal New Opportunity and Greater Risk for Homeowners Facing ... Tuesday, July 19, 2011 @ 3:17PMAs Charges against B of A Mount, New Approach to Settlements Could Give Consumers with Toxic Loans a Chance to Save Their Homes (PRWeb July 19, 2011) Read the full story at http://www.prweb.com/releases/2011/7/prweb8653792.htm
Champaign architect, owner of apartments files bankruptcy Tuesday, July 19, 2011 @ 9:09AMCHAMPAIGN — A Champaign architect has filed for personal bankruptcy, seeking to reorganize his finances under Chapter 11. Gene T. Hardwick made the filing June 28 in U.S. Bankruptcy Court in Danville, listing assets of $9.62 million and liabilities of nearly $9.33 million. read more
House Squatter Gets Mansion for $16 Tuesday, July 19, 2011 @ 5:41AMKenneth Robinson lives on Waterford Drive in Flower Mound, Texas, but he doesn't own the foreclosed, abandoned home he claims he has a right to live in.
Quelle Surprise! The Banks Lied and Robosigning Lives! Tuesday, July 19, 2011 @ 4:10AMWe've heard numerous bank executives swear piously before Congressional hearings that those "paperwork problems" that led major servicers to halt or slow foreclosures on a widespread basis last year were "mistakes". That was already a really big lies, since "mistake" means the practice was not deliberate and was presumably isolated, when in fact robosigning was a widespread, institutionalized ...
Lady Gaga Pelted With Eggs- Main Glee Cast Members Leaving Show- R. Kelly Foreclosure- Kelly Clarkson Leak Response ... Sunday, July 17, 2011 @ 6:39AMJuly 14, 2011 Day in Pop digest
With Warren Hospital on life support, St. Luke's hopes to give shot at recovery Sunday, July 17, 2011 @ 3:45AMWarren Hospital's application to become a member of St. Luke's Health Network represents the end of its financial rope, faced with an overwhelming debt of more than $67 million. There is no real plan B.
Demand up for rentals, a boon for area's landlords Sunday, July 17, 2011 @ 12:34AMIs this the Golden Age of Landlording?
Anniston to sell pair of inexpensive homes to low-income applicants Saturday, July 16, 2011 @ 3:22AMBe it ever so humble, there's no place like a home you've qualified for yourself following a government-authorized training program
Rockland, Westchester, Putnam agencies screen applicants for mortgage relief Saturday, July 16, 2011 @ 1:34AMFinancial relief is available for some homeowners who are more than 90 days behind on their mortgage.
June bank-owned home sales soar in Rock River Valley Saturday, July 16, 2011 @ 12:03AMROCKFORD — The number of homes sold by banks, mortgage companies and entities that buy mortgages likely set a record in June, driving down overall prices.
Minneapolis chasing money in bankrupt nonprofit’s wake Friday, July 15, 2011 @ 8:09AMThe city of Minneapolis is among the creditors trying to recover what money it can from the bankrupt nonprofit Great Neighborhoods Development Corp. through complicated bankruptcy and foreclosure redemption processes, including sorting out the city’s loans on the Franklin Circle Shopping Center in south Minneapolis.
Arrow Reports Solid Second Quarter Operating Results and Strong Asset Quality Ratios Friday, July 15, 2011 @ 7:43AMArrow Financial Corporation announced operating results for the three and six-month periods ended June 30, 2011. Â Net income for the second quarter of 2011 was $5.8 million, representing diluted earnings per share of $.51, as compared to net income of $5.7 million and $.50 diluted EPS for the second quarter of 2010, an increase of $.01 per share or 2.0%. Â The cash dividend paid to shareholders ...
California politician pushes secession plan Friday, July 15, 2011 @ 4:56AMA conservative county supervisor in southern California wants to form the 51st state by seceding the region from California, saying the state's problems require "radical" solutions.
The Avenue Bar bankruptcy petition in jeopardy Friday, July 15, 2011 @ 3:45AMSANTA CRUZ -- The trustee assigned to the Chapter 13 bankruptcy reorganization of The Avenue Bar downtown has moved to dismiss the case.
Disbarred lawyer accused of bilking clients Thursday, July 14, 2011 @ 12:59AMThree criminal cases against a disbarred lawyer from Peters accused of swindling clients out of nearly $300,000 are headed to trial in Washington County. There are more than 100 mostly felony charges lodged against James Marchewka.
Danson joins 'CSI' cast Wednesday, July 13, 2011 @ 11:19PMIt's a long way from running a bar on the sitcom "Cheers," but in September Ted Danson will join the cast of "CSI: Crime Scene Investigation."
R. Kelly could lose house Wednesday, July 13, 2011 @ 8:06PMR. Kelly is facing a foreclosure on his mansion in Chicago.
Southern California housing market improves slightly in June Tuesday, July 12, 2011 @ 1:04PMThe Southern California housing market showed some signs of stabilizing last month with sales popping up more than average from May to June, a real estate data firm reported Tuesday.
Former gym execs accused Monday, July 11, 2011 @ 10:46PMTwo former executives of Charlotte-based Peak Fitness, which went bankrupt in 2009, have been charged by federal authorities who allege they fraudulently obtained loans from Wells Fargo and Wachovia.
Probate Court for July 11 Monday, July 11, 2011 @ 10:30PMPROBATE COURTMarriage Licenses
New construction way down in Martin County, no turnaround expected soon Monday, July 11, 2011 @ 6:14AMSTUART — Construction activity is way down in Martin County, as it is across the Treasure Coast and the State of Florida, and there is no sign the important industry will rebound in the next year or two, several local business leaders said.
Dependence Day celebration Sunday, July 10, 2011 @ 3:12AMMy family assembled for Independence Day. Hot dogs and political fireworks were on the menu. Modern anti-tax talk was debated safely from folding lawn chairs.
Auctioned hotel back in former owners’ hands Friday, July 8, 2011 @ 7:18AMThe Holland Hotel is back in the hands of longtime owners Mina and Dick Potts after an auction Thursday that failed to attract a large-enough bid.
BORDENTOWN CITY - City Rehab project takes shape Friday, July 8, 2011 @ 2:50AMAmber Cox BORDENTOWN CITY Two abandoned city buildings are getting a major makeover, and the neighborhood is getting rid of a major eyesore.
Business news in brief Friday, July 8, 2011 @ 2:31AMPennsylvania environmental regulators have agreed to take more precautions before they approve certain permits for oil and natural-gas drilling sites where well construction poses a pollution threat to some of the state's highest-quality waterways.
Jobless homeowners could get mortgage reprieve Friday, July 8, 2011 @ 12:32AMThe Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its troubled foreclosure-prevention program. Starting Aug. 1, the Federal Housing Administration will...
Miranda Jones joins the Keller Williams Realty team Friday, July 8, 2011 @ 12:17AMMiranda Jones, already an established professional in both Bergen and Passaic counties, is pictured with two very close associates. She has recently joined the team at Keller Williams Village Square Realty in Ridgewood.
The foreclosure that never was Friday, July 8, 2011 @ 12:12AMWARREN TOWNSHIP - A Warren couple is finding themselves in possession of a damaged house they believe they were forced out of three years ago during a foreclosure actio.
Foreclosure numbers show no signs of improvement Thursday, July 7, 2011 @ 11:39PMMARIETTA — Cobb’s foreclosure numbers are showing no signs of improvement, with 1,090 homes in Cobb County set to be auctioned off in foreclosure in August, a 14 percent increase from July and near...
Government eases foreclosure rules for unemployed Thursday, July 7, 2011 @ 11:27PMWASHINGTON -- The Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its troubled foreclosure-prevention program.
Mortgage leniency period on FHA loans extended Thursday, July 7, 2011 @ 10:33PMThe Obama administration announced Thursday it will require servicers of mortgages insured by the Federal Housing Administration to extend the forbearance period provided to unemployed homeowners because of the unusually long time it is taking for people to find new jobs in this economic downturn.
Wells Fargo to pay $125M over mortgage securities Thursday, July 7, 2011 @ 9:06PMWells Fargo & Co. agreed to pay $125 million to settle accusations by investors that the bank misled them about the risks of mortgage-backed securities it sold.
Norton Shores still trying to pursue man for trees that were cut down on private and public property Tuesday, July 5, 2011 @ 8:38PMNORTON SHORES — When Nick Daniels' home on Diversey Street in Norton Shores fell into foreclosure, he didn't leave without making his mark, police say.
Norton Shores still trying to pursue man for trees that were cut down on private and public property Tuesday, July 5, 2011 @ 8:38PMNORTON SHORES — When Nick Daniels' home on Diversey Street in Norton Shores fell into foreclosure, he didn't leave without making his mark, police say.
Foreclosure notices dip to near 3-year low Tuesday, July 5, 2011 @ 8:30PMFewer than 700 property owners in Pima County - 693 to be precise - received notice in June that their loans were in default.
Foreclosure notices dip to near 3-year low Tuesday, July 5, 2011 @ 8:30PMFewer than 700 property owners in Pima County - 693 to be precise - received notice in June that their loans were in default.
Economy Project: Options When Faced With Foreclosures Sunday, July 3, 2011 @ 11:06PMIn this KERA Economy Project segment, 90.1's Sam Baker talks with Linda Davis of Consumer Credit Counseling of Greater Dallas about options available with faced with foreclosure.
Real estate investors behind two-thirds of Jacksonville's foreclosures Sunday, July 3, 2011 @ 8:40AMThe house's story is one of more than 10,200 Duval County single-family home foreclosures in 2008, 2009 and 2010. Of those foreclosures, most — possibly more than two-thirds — were investor-owned when the bank took them, a Times-Union review has found.
Reverse Mortgage Market Giants Exit the Game Saturday, July 2, 2011 @ 11:26AMNews that the two largest providers of reverse mortgage loans would be exiting the market has left some elderly borrowers both surprised and concerned. Official word from the banks – Bank of America and Wells Fargo – themselves, however, gives the assurance that existing loan holders can rest easy, as while they will not originate [...] Reverse Mortgage Market Giants Exit the Game is a post from ...
Mahoning County Court filings Friday, July 1, 2011 @ 11:10PMcourts MAHONING COUNTY Marriage licenses Collin M. Lawson, 30, Washington D.C., and Katie E.
No new owner for High Ridge plaza Thursday, June 30, 2011 @ 3:19AMMANCHESTER – An auction on Monday failed to find a new buyer for the High Ridge Plaza on Route 7A and the property was purchased by a holding company that already owned the mortgage note on the... ...
May contracts for previously owned homes up 13.4 percent from 2010 Thursday, June 30, 2011 @ 2:56AMSales contracts for previously owned U.S. homes climbed 13.4 percent in May from levels of the same month a year ago, the National Association of Realtors said Wednesday.
Foreclosure activity in Merced at lower rate in April Thursday, June 30, 2011 @ 2:56AMForeclosure rates in Merced have decreased for the month of April over the same period last year, ac
Las Vegas real estate fraud suspect faces new lawsuit Wednesday, June 29, 2011 @ 6:33PMWhen it comes to real estate and mortgage fraud during the boom years in Las Vegas, prosecutors say husband-wife team Steven W. Grimm and Eve E. Mazzarella were involved in a big way – to the tune of $107 million.
Martin Feldstein What's happening to the US economy? Wednesday, June 29, 2011 @ 2:35PMEach new round of data increases the probability of another downturn in the US economy.
Fitch Downgrades First Union National Bank 2000-C1 Wednesday, June 29, 2011 @ 2:15PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded two classes of First Union National Bank Commercial (FUNBC) Mortgage Trust's commercial mortgage pass-through certificates, series 2000-C1. A full list of rating actions follows at the end of this release. The downgrades reflect Fitch modeled losses of 5.41% of the remaining pool; modeled losses of the original pool are at 2.66%, including ...
Fitch Affirms DLJ 1999-CG2 Wednesday, June 29, 2011 @ 2:00PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the following classes of DLJ 1999-G2, series 1999-C1 commercial mortgage pass-through certificates: --$20.2 million class B-3 at 'AAA/LS1'; Outlook Stable; --$31 million class B-4 at 'A-/LS2'; Outlook Stable; --$15.5 million class B-5 at 'BBB/LS3'; Outlook Negative; --$19.3 million class B-6 at 'CCC/RR1'; --$11.9 million class B-7 at 'D/RR3 ...
What's Happening To The U.S. Economy? Wednesday, June 29, 2011 @ 1:15PMThe American economy has recently slowed dramatically, and the probability of another economic downturn increases with each new round of data.
Landslide hazard maps axed by state: Risky slopes in Jackson, Haywood to remain a mystery for now Wednesday, June 29, 2011 @ 7:46AMRepublican lawmakers have pulled the plug on the state’s landslide mapping unit, terminating a controversial project to assess which slopes in the mountains are landslide prone.
KB Home Reports Second Quarter 2011 Financial Results Wednesday, June 29, 2011 @ 7:22AMLOS ANGELES--(BUSINESS WIRE)--KB Home (NYSE: KBH), one of America’s premier homebuilders, today reported results for its second quarter ended May 31, 2011. Highlights and developments include the following: Revenues totaled $271.7 million in the second quarter of 2011, down 27% from $374.1 million in the second quarter of 2010. The decrease was mainly due to lower housing revenues, reflecting a ...