The number of Colorado Springs-area residential and commercial properties that fell into foreclosure in February rose to its highest level since last summer, a new report shows. Even so, local foreclosure activity in general has declined dramatically in recent years and shows no signs of returning to the furious pace that plagued the area during the Great Recession.
MGIC Investment and Essent Group are both mid-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, profitability, dividends, earnings, institutional ownership and risk. Essent Group has lower revenue, but higher earnings than MGIC Investment. Foreclosure News
Great Ajax and Annaly Capital Management are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, valuation, risk, earnings, institutional ownership and dividends. Great Ajax has a beta of 0.85, meaning that its share price is 15% less volatile than…
On Monday, in Bank of America Corp. et al. v. City of Miami, Florida , the Supreme Court held in a 5-3 decision that the City of Miami had standing to challenge alleged violations of the Fair Housing Act by lenders. Foreclosure News
In December, the condo board at One57, the ultra-luxury skyscraper on Billionaires' Row, slapped the owner of a $ 50.9 million unit with a $ 64,331 bill for unpaid building fees. Six months later, the owner, Nigerian oil magnate Kola Aluko, was under investigation for alleged money laundering. Foreclosure News
Businessman Jeffrey Yohai, left, and actor Jacob Hoffman, center, at nightspot Baby's All Right in Brooklyn, N.Y., on Jan. 20, 2015. Hoffman and his father, “The Graduate” star Dustin Hoffman, invested in a real estate project with Yohai. Foreclosure News
A letter to a lawyer that directed him to refer it to his professional liability insurance carrier gave the lawyer “a basis to reasonably expect a claim” and his failure to inform his insurer of the letter doomed his bid for coverage under his claims-made professional liability insurance policy of the malpractice action that subsequently…
