Plans for a major development in Camden County come to an apparent screeching halt with foreclosure by the bank financing the project now being reported. Ballparks of the Ozarks, covering almost 240 acres in the Macks Creek area, had originally been expected to include several fields and be open for action this past summer.
A 49-year-old Lowell man facing four criminal counts in connection with what prosecutors say was a scheme to defraud struggling Cambodian-American homeowners out of their mortgage payments was arraigned Tuesday on nine additional counts. Kevin Taing was already facing three counts of larceny over $ 250 and one count of obtaining a signature by false…
This Monday morning, we're reporting on a major computer error at Wells Fargo that cost some people their homes, and drone attacks on Venezuela's president. An SEC filing from Wells Fargo has revealed that a “calculation error” in its mortgage loan modification underwriting tool led to about 625 customers either being denied loan changes or…
It looks like retail heir David Lowy is the buyer of Nigerian oil tycoon Kola Aluko's $ 36 million condominium at One57. Lowy, the son of Westfield Corp. founder Frank Lowy, purchased the 6,240-square-foot unit at a foreclosure auction earlier this month, but the buyer's identity wasn't clear at the time. Foreclosure News
By Mike Eldred WILMINGTON- Berkshire Bank filed a foreclosure complaint against the Hermitage Inn Real Estate Holding Company, the Hermitage Club, and Hermitage owner James Barnes in Windham Superior Court Friday afternoon. Foreclosure News
According to all the major literature on the matter, the likelihood of them keeping their houses once they went up for sale in the annual Wayne County Tax Auction was minuscule. While the auction was always a gamble, increased interest in recent years had caused a general uptick in final sale prices. Foreclosure News
From Freddie Mac's weekly survey: The 30-year fixed rate averaged 4.02 percent, three basis points better than last week's 4.05 percent. Thirty-year rates have held steady just above or below 4 percent for the past five weeks.The 15-year fixed averaged 3.27 percent, two basis points better than last week's 3.29 percent. Foreclosure News
