Sales of nonperforming loans by Fannie Mae and Freddie Mac fell during the past year as the number of delinquent loans on their books continued to drop. The government-sponsored enterprises sold 18,419 NPLs last year, down from 44,169 the previous year and from 25,612 in 2015, according to the Federal Housing Finance Agency.
CRE Properties of Miami Lakes has acquired the four retail units on the ground floor beneath the 220 Riverside Apartments at 220 Riverside Ave. near Downtown from the property developer, HP Retail 220 LLC. Two of the four units are occupied by restaurants. A sign in front of the building indicates space is available for…
Arkansas-based Simmons Bank says Thunderbird Tactical and its owners, Ryan and Jennifer Pennock, failed to make payments on more than $ 6.3 million in loans taken out to build the 27,000-square-foot complex at 28th and Greenwich. The bank filed foreclosure documents in Sedgwick County District Court on Tuesday demanding Thunderbird and the Pennocks immediately pay…
Making the right money moves is a lifelong process if you want to achieve financial independence. Unfortunately, while it takes a lot of small, smart decisions to grow your wealth, it only takes a few mistakes to derail your efforts — potentially for decades to come. Foreclosure News
The Massachusetts attorney general sued a unit of Ocwen Financial Corp on Friday, accusing the mortgage servicing company of engaging in abusive practices that harmed thousands of homeowners in the state. The lawsuit, filed in Suffolk County Superior Court, came a week after the U.S. Consumer Financial Protection Bureau, the Florida attorney general and more…
Faulting financial institutions, energy woes, inflation and the war in Iraq have marked the first 100 days in office for U.S. Rep. Jackie Speier, D-San Mateo, and the congresswoman plans to discuss all she's learned at two town hall meeting this weekend. Speier was elected in April to fill the seat of the late Tom…
Affordable Housing Corporation of Lake County was presented the 2017 IL Housing Counseling Agency of the Year Award by the Illinois Housing Development Authority. From left: IHDA Assistant Director of Community Affairs Monica Enriquez, IHDA Director of Community Affairs Nicki Pecori Fioretti, AHC Director of Housing Services Laura Olvera, AHC Director of Real Estate Services…
