Cypriot banks need to apply “additional and persistent” efforts to wrestle down a stockpile of non-performing loans , ECB's Daniele Nouy said in an interview published on Monday. Nouy, who heads banking supervision at the European Central Bank, said there had been uneven progress across banks on handling the problem.
It will be difficult if not impossible for IB to separate Dumb Money traders from the rest: the concept is fluid. IB definitely has the obligation to get out in front of such a situation, in order to seek the best interests of shareholders, clients, and to demonstrate self-oversite. Foreclosure News
As much as the FBI works to combat it, mortgage fraud is still one way that unscrupulous individuals can make a fast – and illegal – buck. It can put you at risk of losing thousands of dollars if you don't know what to watch out for. Foreclosure News
Goldsboro City Councilman Antonio Williams will avoid property foreclosure on his Center Street building after paying off years of delinquent taxes by an April 1 deadline. Williams and Akeata Moore, owners of 143 N. Center St. in downtown Goldsboro, paid off the debt several weeks early, and Wayne County's foreclosure case was canceled. Foreclosure News
A Van Nuys man was ordered detained Friday, June 16, pending trial on federal charges alleging he ran a foreclosure-avoidance scheme that raked in $ 7 million from distressed homeowners. Michael “Mickey” Henschel, 68, was arrested June 14 by federal agents pursuant to an 11-count indictment returned by a Los Angeles federal grand jury on…
Yet in the last couple years, several properties here sold or are on the market at or above $ 1 million, Solano Association of Realtors President Johnny Walker said. Walker says that the group's data base, reaching back to 2006, shows that in all of 2007 there were four Hiddenbrooke homes that sold at or…
Calendar-driven effects and fewer hurricane-related delinquencies resulted in a 210,000-loan decline in the number of past-due mortgages 146,000 loans remain delinquent as a result of Hurricanes Harvey and Irma, 132,000 of which are seriously delinquent An early look at January data on the mortgage market in Puerto Rico shows an additional 57,000 loans still delinquent…
