It’s a Match! The 10 Best Cities for Singles to Live,…
We found the top 10 metros for singles who want to become homeowners. These places boast low prices, fun stuff to do, and plenty of other solo buyers.
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Deed restrictions may end with foreclosures
ByadminElected officials decided their fears of losing affordable housing to bankruptcy were unfounded and settled for the risk of allowing deed restrictions to expire with foreclosures. After learning about the potential pitfalls of safeguarding deed restrictions – which guarantee home prices stay affordable for low-income residents and local workers – the Jackson Town Council and…
CMBS loan delinquencies drop to decade-low level
ByadminThe delinquency rate for U.S. real estate loans in commercial mortgage-backed securities has fallen to the lowest level since the 2008 financial crisis. The CMBS loan delinquency rate fell to 4.12 percent in May, a decrease of 24 basis points from April, and 77 basis points lower than the beginning of the year, according to…
Four Senators Seek Longer Foreclosure Delay in Puerto Rico
ByadminA bipartisan group of United States senators wants federal housing agencies to extend a moratorium on foreclosures in Puerto Rico into 2019 after the devastation on the island and a big surge in mortgage delinquencies . The four senators said in a letter on Friday that a longer moratorium was needed because large swaths of…
A decade after Lehman collapse, Connecticut banks sound
ByadminRegistration will allow you to post comments on newstimes.com and create a newstimes.com Subscriber Portal account for you to manage subscriptions and email preferences. Former Lehman Brothers CEO and Greenwich resident Richard Fuld Jr. is heckled in October 2008 by protesters in Washington, D.C., after testifying before the House Oversight and Government Reform Committee on…
Rising home equity lifts many underwater homeowners
ByadminIn the fourth quarter, there were about 3.17 million underwater homes in the U.S. – about 6.2% of all homes with a mortgage, according to CoreLogic. That was down 2% from the third quarter and a 25% drop from the fourth quarter of 2015. Foreclosure News
Treasury Secretary Steven Mnuchin seeks dismissal of fraud case against him
ByadminTreasury Secretary Steven Mnuchin asks New York court to dismiss multi-million dollar fraud case. The Trump administration's top economic official says the movie firm accusing him has “no legitimate claim.” Foreclosure News