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Coakley urges abandoned property registry Tuesday, July 19, 2011 @ 2:54PMBOSTON - Noting the abundance of foreclosed or abandoned properties in Massachusetts accumulated over the past four years of the financial crisis, Attorney General Martha Coakley today urged a panel of lawmakers to create two new registries to track abandoned housing and secondary metals to discourage metal stripping and make it easy for law enforcement to track stolen property.
Report: No Plans for another Large Housing Program Tuesday, July 19, 2011 @ 1:00PMThere was a report last week from Nick Timiraos at the WSJ: U.S. Tackles Housing Slump that "The Obama administration is ramping up talks on how to revive the housing market".
Wells-Fargo files suit against city over River Song Tuesday, July 19, 2011 @ 11:13AMBRADENTON -- A subsidiary of Wells-Fargo has filed a lawsuit against the Bradenton City Council asking for a reversal of the council’s June 13 decision to reject a proposed amendment to the waterfront River Song development.
Visionary Apps' Complete Foreclosures App Now Exclusively Powered by RealtyTrac(R) Data Tuesday, July 19, 2011 @ 8:29AMSingle Property Record Purchase Feature Solidifies Complete Foreclosures as the Leading Provider of Quality Foreclosure Data in the App Store
Mortgage 'robo-signing' goes on Tuesday, July 19, 2011 @ 8:29AMMortgage industry employees are still signing documents they haven't read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt of home foreclosures.
Elaine Boyer: In My Opinion Tuesday, July 19, 2011 @ 8:19AMIn a week where DeKalb County unemployment passed the national average and county foreclosures spiked over 1,300 for June, the DeKalb County CEO and a split Commission handed citizens a property tax increase up to 40 percent for 2011.
Housing Starts in U.S. Jump 14.6% to 629,000 Annual Rate in June Tuesday, July 19, 2011 @ 8:12AMHousing starts in the U.S. rose more than forecast in June to the fastest pace in five months, led by a surge in work on multifamily dwellings like apartments.
Varolii Introduces New Solution to Manage Single Point of Contact Requirements for Mortgage Providers Tuesday, July 19, 2011 @ 8:00AMSEATTLE, WA--(Marketwire - 07/19/11) - Varolii Corporation , the market and technology leader in multi-channel, mass personalized communications (interactive business-to-consumer text, voice and email communications), today announced a new solution to help mortgage servicers manage new Single Point of Contact (SPOC) regulatory requirements going into effect this fall. These regulations require a ...
Wisconsin Recalls 2011: Voters Head To Polls For First General Election Contest Tuesday, July 19, 2011 @ 7:23AMWASHINGTON -- The Wisconsin recall fight kicks into full gear on Tuesday, with Green Bay voters heading to the polls in the first general recall election of the season. The outcome will determine whether incumbent Democrat Sen. Dave Hansen (D-Green Bay) gets to keep his seat.
Wells Fargo Reports Record Quarterly Net Income of $3.9 Billion Tuesday, July 19, 2011 @ 7:00AMWells Fargo & Company :
Japanese investors buy Lotus hotel for $18.5M Tuesday, July 19, 2011 @ 6:41AMUnity House Inc. has completed its planned sale of the Lotus at Diamond Head hotel on Kalakaua Avenue, paving the way for the local social welfare organization to emerge from bankruptcy.
Judge Harold Cook tied to foreclosure Tuesday, July 19, 2011 @ 6:30AMThe problems at 892 Belmont Ave. present a new twist in the story of Cook's troubles in that they came at the expense of a bank with which he and a partner had ties.
Special report: Banks continue robo-signing Tuesday, July 19, 2011 @ 6:21AMNEW YORK/IMMOKALEE, Florida (Reuters) - America's leading mortgage lenders vowed in March to end the dubious foreclosure practices that caused a bruising scandal last year.
BORDENTOWN CITY - City Rehab project takes shape Monday, July 18, 2011 @ 3:04AMAmber Cox BORDENTOWN CITY Two abandoned city buildings are getting a major makeover, and the neighborhood is getting rid of a major eyesore.
Zimbabwe: Land Reforms Erode Property Rights Monday, July 18, 2011 @ 2:47AMTHE negative effects of the country's chaotic land reforms will forever haunt farmers as they have been unable to access funding from banks since the year 2000 when more than 33 million hectares of prime agricultural land seized from former white commercial farmers became State land. While everyone is agreeable that the exercise was inevitable and a necessity in terms of correcting historical ...
Stockton sues police union over real estate Monday, July 18, 2011 @ 2:11AMSTOCKTON - The city of Stockton is suing its police union to force the sale of a home next door to City Manager Bob Deis, which the union bought in June.
Family Battling With DOT Over Construction Monday, July 18, 2011 @ 12:30AMCOTTAGE GROVE, Wis. -- Living along the Interstate may not seem like the ideal life, but for a Sun Prairie couple it was. Until recently, that is. The Skala family now says that a road project has changed their lives and their livelihoods in ways they did not expect.
Planet Ark Sunday, July 17, 2011 @ 11:50PMJames David's job of controlling mosquitoes in a part of Florida that Spanish explorers once dubbed "Los Mosquitos" is often futile.
Stamping out Pontiac’s blight tough for officials Sunday, July 17, 2011 @ 8:12PMChildren sat at shaded picnic tables, waiting for a lunch, during a sunny summer afternoon.
Business diary: New ECB boss has royal connections Sunday, July 17, 2011 @ 7:56PMGood to see Mario Draghi laying down the law to European Union members over the weekend: the Governor of the Bank of Italy, who is soon to take over the running of the European Central Bank, was warning governments to embrace the concept of austerity a little more whole-heartedly. That prompted the Diary's Italiancorrespondent to remind us that some in his home nation still think of Draghi as Mr ...
Whole Foods Market to give Basalt another try Sunday, July 17, 2011 @ 5:06PMBASALT, Colorado - Whole Foods Market reached an agreement Friday with the new owner of Willits Town Center to open a grocery store at the Basalt development, a source familiar with the deal said. It is the third time the natur Copyright 2011 Vail Daily. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Vail Daily Whole ...
Foreign investors snapping up choice Silicon Valley property Sunday, July 17, 2011 @ 4:33PMSilicon Valley real estate may look badly bruised to those of us living here, with depressed prices, a glut of foreclosures, and a stubbornly bleak outlook.
Foreclosed Anaheim Office Built on Spec Sells for $14M Sunday, July 17, 2011 @ 4:06PMAn Anaheim office built during the boom has traded hands, in Real Estate
John Pontillo unsure why his offers to reopen family restaurant have been rejected Sunday, July 17, 2011 @ 2:28PMJohn Pontillo says he has tried doing everything he can to save Pontillo's on East Main Street in Batavia. So far, all of his offers to buy the building and the business have been rejected. He doesn't know why. "I offered a solution that gave the family business a chance to reopen and keep it in the family," John Pontillo said this afternoon. "It could be open right now. I made an offer that ...
Chafee won some, lost some in the Assembly Sunday, July 17, 2011 @ 7:46AMProjo.com, the Web site of The Providence Journal: 24-hour news coverage around Rhode Island, breaking news and news from The Providence Journal
On the House: Make sure you own your home Sunday, July 17, 2011 @ 2:57AMIt would never occur to me that I wasn't the legal owner of my current house, or, for that matter, that I hadn't owned my two previous homes.
A Window Into Region's Housing Crisis Sunday, July 17, 2011 @ 2:18AMINQUIRER STAFF WRITER The silver 2005 Nissan Altima turns off Beverly-Rancocas Road at the McDonald's in Willingboro, cruises up Garfield Drive, turns left at Genesee Lane, and takes the second left at Grayson Circle. It rolls under the mature sycamores and maples and up the rise to No. 36.
Bankrupt Country Club Hills police chief part of failed ventures Sunday, July 17, 2011 @ 2:09AMThe police chief of Country Club Hills, who with her husband earns more than $200,000 courtesy of city taxpayers, apparently is broke.Thanks to a series of failed businesses, including theaters they ran on Chicago’s South Side and in Dolton, Regina Evans and her husband, Ronald Evans, the inspector general of the city of 16,000, have declared personal bankruptcy.When Regina Evans, a retired ...
Crosscreek property headed to auction block Sunday, July 17, 2011 @ 2:05AMA foreclosure sale for the Crosscreek property at Stadium Boulevard and Highway 63 is scheduled for Wednesday as the legal battle between two of the property’s owners continues.
Tilted Kilt called before Elgin liquor commission Sunday, July 17, 2011 @ 1:53AMELGIN — The city liquor commission has sent forth a complaint against the Tilted Kilt Pub & Eatery — one of Elgin’s busiest nightspots — that could result in fines and revocation or suspension of its liquor license.A copy of the complaint was obtained by The Courier-News through a Freedom of Information Act request. The document notes 16 incidents requiring police attention over the last 12 ...
Uncertain future for W-B project Sunday, July 17, 2011 @ 1:40AMWILKES-BARRE – Three years after Bill Geary came to town to fill the storefronts at University Corners, most of them sit empty, he filed for bankruptcy and was accused in California of embezzling clients’ money to set up a slush fund to bankroll personal and business ventures and investments.
Lending an opportunity Sunday, July 17, 2011 @ 1:23AMA t one time, Luzerne County was home to two Ground Round restaurants, part of a rush of moderately priced family dining spots to the region in recent years. But various factors, according to one former owner including the state’s smoking ban, led to the eateries in Hazle and Wilkes-Barre townships closing their doors in 2009.
Modesto's SCAP realty deal appraisal stirs questions Sunday, July 17, 2011 @ 1:16AMQuestions are being raised over whether a Modesto nonprofit agency used taxpayer money to drastically overpay for an apartment complex that ended up needing major repairs. The city of Modesto financed the $1.5 million deal without first inspecting the property.
Salesman seeks to reunite Kings County with its past Saturday, July 16, 2011 @ 5:56PMDustin Avila's job is a little unusual. Technically, he's a door-to-door salesman, traveling from his home in Stanislaus County to sell paintings across the state. But his wares are anything but conventional.
Time for Eustis to take responsibility for couple's flooded home Saturday, July 16, 2011 @ 5:55PMJohn and Jane Milsap lived in their dream house for nearly a decade before a subdivision went up next door and the couple experienced their first Noah moment.
Kluge, husband meet with trustee, creditors Saturday, July 16, 2011 @ 5:14PMOnetime socialite Patricia Kluge and husband William Moses met with creditors and a bankruptcy court trustee in Charlottesville to review their Chapter 7 filing.
Whole Foods gives Willits another try Saturday, July 16, 2011 @ 4:06PMThis vacant area of Basalt's Willits Town Center project is slated to contain a Whole Foods grocery store. BASALT — Whole Foods Market reached an agreement Friday with the new owner of Willits Town Center to open a grocery store at the Basalt development, a source familiar with the deal said.
Police: Foreclosed Home Set Fire; Man Shot Saturday, July 16, 2011 @ 3:39PMPembroke Pine police officers say they shot a man several times Friday morning after he set his foreclosed townhouse on fire.
Mosquitos love Florida budget cuts Saturday, July 16, 2011 @ 10:09AMJames David's job of controlling mosquitoes in a part of Florida that Spanish explorers once dubbed "Los Mosquitos" is often futile. But this year, the fight "feels like a sort of hand-to-hand combat," said David, the mosquito control and coastal services director for St. Lucie County in southeast Florida. In the past two years, David's local government has cut 42 percent of mosquito control ...
District Attorney considers charges against Banner School founders Saturday, July 16, 2011 @ 10:07AMWhen Banner Elementary School suddenly closed last June after serving the community for almost 30 years, many of the school’s families were expecting refunds on the tuition and registration fees that they had prepaid.
Update: 2 bodies found in house Saturday, July 16, 2011 @ 9:25AMSouth Reno house fire kills two: A house fire, which might have been triggered by two people inside, burned for hours Tuesday. Both firefighters and SWAT members responded to the call after deputies reported a possible shot fired.
Fitch Downgrades JPMCC 2002-CIBC4 Friday, July 15, 2011 @ 3:54PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded four and affirmed nine classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., commercial mortgage pass-through certificates, series 2002-CIBC4 (JPMCC 2002-CIBC4). A detailed list of rating actions follows at the end of this press release. The downgrades reflect an increase in Fitch-modeled losses from specially-serviced loans ...
Partridge Inn up for foreclosure Friday, July 15, 2011 @ 3:36PMThe Partridge Inn will be up for foreclosure sale Aug. 2.
Renaissance Hotel contractor Flintco wins foreclosure judgement Friday, July 15, 2011 @ 3:29PMFlintco, the contractor that performed much of the work at the Renaissance Hotel project, could receive the property through default after an October foreclosure auction. The massive project at Interstate 25 and Interquest Parkway was foreclosed upon in a civil proceeding last month, after construction of the project stalled for months. Flintco, based in Oklahoma, stands to receive [...]
Program looks to aid with mortgage payments Friday, July 15, 2011 @ 3:00PMHomeowners facing foreclosure due to involuntary unemployment, underemployment or medical issues are eligible to benefit from a new federal program: the Emergency Homeowners' Loan Program (EHLP).
Fitch Takes Various Actions on MSDW 2000-LIFE2 Friday, July 15, 2011 @ 2:55PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded one and upgraded one class of Morgan Stanley Dean Witter Capital I Trust's (MSDW) commercial mortgage pass-through certficates, series 2000-LIFE2. A full list of rating actions follows at the end of this release. The downgrade reflects an increase in Fitch modeled losses to 14.27% of the remaining pool; modeled losses of the original pool ...
Seinfeld Lists Telluride Estate—Brokers Beware! Friday, July 15, 2011 @ 2:14PMJerry Seinfeld is an icon and is well known for his hilarious antics and extended years in the comedy business. He brought in over $265 million in 2008 from Seinfeld alone, making him an incredibly successful actor.
County has lowest rate of vacancy for industrial space Friday, July 15, 2011 @ 2:05PMMaui County had the lowest vacancy rate for industrial property in the state in the second quarter - 1.3 percent - according to a report from CB Richard Ellis.
Fitch Affirms CSFB 2000-C1 Friday, July 15, 2011 @ 1:54PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed all classes of Credit Suisse First Boston Mortgage Securities Corp., commercial mortgage pass-through certificates, series 2000-C1 (CSFB 2000-C1). A detailed list of rating actions follows at the end of this press release. The affirmations reflect stable pool performance and sufficient credit enhancement to offset Fitch modeled losses. Fitch ...
Former Internet Guru Will Gold Draws On 20 Years of Real Estate Investing To Help Stop Foreclosures Friday, July 15, 2011 @ 1:44PMOrange County, Calif. July 15, 2011 - After twenty years of leading a fascinating double professional life as a dotcommer and real estate investor, in 2008, Will Gold decided it was time to keep it Real and consolidate his entrepreneurial and business building skills and vast knowledge of buying and selling properties. The Orange County, California based visionary helped build a...