Downtown Condo sales strong
The demand for downtown condos is strong and prices are almost as high as they were before the crash. There are still downtown condo owners who are renting out their unit waiting for the price to go up.
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October 2017
ByadminThe media mogul is pushing hard into the digital-listings space and has a bull's-eye on the NYC market “What the hell does Zillow mean?” It was 2015, and the bull-headed media mogul Rupert Murdoch was speaking at a gathering of 4,000 real estate agents in Midtown Manhattan. “We know what 'realtor' means,” he said. Foreclosure…
Philly accuses Wells Fargo of targeting minorities with high-cost mortgages
ByadminFor more than a dozen years, Wells Fargo discriminated against African-Americans and Latinos by intentionally pushing them into higher-cost mortgages, according to a lawsuit filed by the city of Philadelphia. Wells Fargo's “longstanding” discriminatory practices in Philadelphia caused foreclosures to increase and resulted in the loss of vital tax revenue, the lawsuit argues. Foreclosure News
Wells Fargo computer glitch blamed as hundreds lose their homes
ByadminWells Fargo says a computer glitch is partly to blame for an error affecting an estimated 545 customers who lost their homes. The giant bank filed papers with the Securities and Exchange Commission last month, revealing it incorrectly denied 870 loan modification requests. Foreclosure News
Portland-Area Man Wins Reported Seven-Figure Whistleblower Settlement from Wells Fargo
ByadminDuke Tran, a Damascus resident with an extraordinary past, was won a reported seven-figure settlement of a federal whistleblower lawsuit he filed against his former employer, Wells Fargo. “In 2014, according to Mr. Tran, his boss ordered him to lie to customers who were facing foreclosure,” the New York Times reports . Foreclosure News
Police: Real estate broker stole $405K from foreclosed home
ByadminOne of the state's top real estate brokers is facing larceny charges after attempting to sell nearly half a million dollars' worth of household items from a foreclosed home, police said. Barbara Morris , of Ridgefield, a 66-year-old real estate broker specializing in foreclosed homes, is accused of attempting to sell off $ 405,000 worth…
FDIC: Fewer Problem banks, Residential REO Declined in Q1
ByadminBottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking…