University enrollments are growing, prompting the need for housing, which was the underlying reason for Lynd's acquisition of a distressed bank note on 384-bed student housing community, Village at Lamar. Get alerted any time new stories match your search criteria.
The performance of mortgages held by the top banks was largely unchanged from a year ago with 95% of loans current and performing at the end of the third quarter, the Office of the Comptroller of the Currency said Friday. The OCC's Mortgage Metrics Report found that foreclosure activity fell 28.5% in the third quarter…
Incenter Mortgage Advisors is facilitating the sale of more than $ 10 billion in mortgage servicing rights tied to Fannie Mae and Freddie Mac loans. Almost 88% of the nonrecourse loans come from wholesale sources , and nearly 12% are correspondent originations, according to data provided by the seller. Foreclosure News
The number of first-time foreclosures in the five boroughs reached 859 during the third quarter of the year, part of a dramatic increase to levels last seen at the start of the Great Recession, according to a report from real estate website PropertyShark. The third-quarter foreclosure count was 79% higher than the same period last…
In his more than six years as a member of Philadelphia's Commerce Court program, Judge Gary Glazer approved the city's high-profile sweetened beverage tax , handled the insurance dispute regarding the victims of convicted serial child molester Jerry Sandusky and made rulings in countless law firm breakups. Now, the longtime Philadelphia judge has taken over…
Monthly rates of mortgage delinquency declined nationally in January compared to January 2016, the analytical firm of CoreLogic reported today. Its figures put the percentage of mortgages delinquent 30 days or more at 5.3 percent – compared to 6.4 percent in January 2016. Foreclosure News
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…
