Company CEO and Chairman Robert Wessels told West Hawaii Today on Monday the move would allow the company to reorganize so development at the 3,000-acre South Kohala property can move forward. The filing came June 22 in U.S. Bankruptcy Court in Honolulu.
While he was on the campaign trail, President Donald Trump promised to grow the country's economy by more than 4% per year, a rate not seen since the mid-2000s. On Friday, his prediction might come true – albeit briefly. Foreclosure News
What if the bluest state in the country stole a third of a billion dollars from victims of chicanery and the media refused to notice? I have been stunned at the lack of media coverage of California's foiled robbery of almost a third of a billion dollars. That's right: under Governor Jerry Brown, the Great…
Shoppers leave the Gordmans store at Chapel Hills Mall Monday, April 17, 2017. The store is closing just seven months after opening there. Foreclosure News
Karen Russell, right, fills out paperwork with a United Community Housing Coalition staffer. Russell is hoping to buy the southwest Detroit home she's been renting for a year out of foreclosure through a city buy-back program. Foreclosure News
NRZ is currently in a sweet spot in which rising rates, a strong and accelerating economy, and high share price mean strong growth will likely continue. However, there are numerous risks to NRZ's business model, which means the generous 11.2% dividend might not survive the next recession. Foreclosure News
At least 22,123 Pag-IBIG Fund members are at risk of losing houses they acquired through loans on account of the failure of developers to transfer the titles of the mortgaged properties in their names. The Commission on Audit noted in its 2017 annual audit report for the Home Development Mutual Fund that housing loans granted…
