Press Digest- New York Times business news – April 21
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
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NJ Governor’s Race: Jim Johnson
ByadminJim Johnson , candidate for New Jersey governor in the Democratic primary, former Clinton Treasury department under-secretary and former chair of the Brennan Center for Justice, makes his case to New Jersey primary voters. “It's led NJ to become the state of the highest foreclosures, seniors can't afford to stay in their homes,” said Johnson….
Howa s the Market?: Disclosures a ” might as well tell the truth
ByadminIn the dictionary, “disclosure” is defined as the action of making new or secret information known. Having recently written a column about selling properties as-is, I thought I'd elaborate on the disclosures sellers are required to make in Mendocino County. Foreclosure News
Most US Homes Are Worth Less Than Before the Crash
ByadminYou can't blame a homeowner in Fresno, California, for viewing the thriving metropolis to its northwest with both envy and dismay. While San Francisco home values have surged since the recession, Fresno's housing market is stuck in a rut. Foreclosure News
HUD Regulation Requiring Face-to-Face Meeting Presents Compliance…
ByadminIn Dan-Harry v. PNC Bank , the Rhode Island federal court concluded that a mortgagor may bring a claim for damages and other remedies against a mortgagee on allegations of failure to conduct a pre-foreclosure face-to-face meeting required for breach of an FHA-insured mortgage. Foreclosure News
Greensboro foreclosure decline suggest return to a normal market
ByadminThe home foreclosure rate in the Greensboro-High Point, N.C., region is so low that it's not considered a threat to the area's economy. A new survey shows that the three-county region had 246 homes in some stage of foreclosure during August – nearly 11% lower than a year ago and low enough to rank the…
Bank-owned Rancho Cordova office building sold for $5.9 million
Byadmin“We've had some fair activity on it already,” Chavez said, adding that five potential tenants have looked at space there, and at least two are serious. Chavez Management owns 25 properties and about 1.5 million square feet of space, Chavez said. Foreclosure News