Jill Schramm/MDN A sign marks the return parking for a rental car company in the short-term lot at Minot International Airport. Assured the city won't be tied up in financial legalities, Minot city council members agreed to allow the airport's new fixed-base operator to use its ground lease as partial backing for a mortgage.
Steve Lockwood and Michelle Lucas with the Frayser Community Development Corp. stand in the yard of one of the properties they recently rehabbed in the Frayser community. By almost all accounts the Memphis housing market is firing on all cylinders almost everywhere, but for some neighborhoods hit hardest during the housing crisis like Frayser, the…
Even wealthier homeowners can face financial hard times. These high-end New Jersey homes have gone through foreclosure and are now back on the market. Foreclosure News
In October 2017, the nation had a 3.9-month supply of existing homes for resale. That means, at the pace seen then, it would have taken 3.9 months to sell all the homes on the market. Foreclosure News
An overhaul of the Federal Reserve's leadership is coming, and the new appointees could bring a huge shift to the central bank's policy outlook. How will markets respond? President Trump is getting an exceedingly rare chance to influence the Fed . Foreclosure News
The Federal Housing Administration's financial health is benefiting from continued reductions in delinquencies and foreclosures, but the FHA is also losing some of its best customers at a fast clip. The “serious” delinquency rate on FHA-insured home loans dropped to 4.28% in the third quarter of fiscal year 2017, according to an FHA quarterly report…
Five real estate investors were sentenced for their role in a conspiracy to rig bids, in violation of the antitrust laws, at public real estate foreclosure auctions in Northern California, the Department of Justice announced. Joseph Giraudo, Kevin Cullinane, Raymond Grinsell, Daniel Rosenbledt, and Mohammed Rezaian were charged with and convicted of bid rigging at…
