Washington Prime has also been repositioning its portfolio away from tier 2 assets towards tier 1 assets which are more desirable. I like WPG's mix of assets better than CBL's, but CBL has a higher sales psf and occupancy as well as a “less lumpy” maturity schedule.
As Black History Month observances continue throughout the nation, now is an apt time to revisit the unmet housing finance challenges that affect African-Americans, other consumers of color and low-income whites. While many consumers have felt an economic recovery, many others remain locked out of homeownership and the resulting opportunity to build wealth through home…
On April 12, 2018, the New York legislature enacted and Governor Cuomo signed, Assembly Bill 9508, a budget bill. Obscured in the budget bill was an amendment to New York law requiring reverse mortgage servicers to provide a pre-foreclosure notice at least 90 days before the mortgage loan servicer commences legal action against the borrower…
She was forced to leave Adelaide and move to Shepperton for work, where she now lives in a caravan with little money for food, just so she can afford to keep her house. “You see this? 'Payment of $ 8,130.93 will be accepted to prevent foreclosure action',” Ms Weinert said, showing 7.30 a letter from…
Johnny Depp can amend his lawsuit against his former business managers and add claims related to an ex-employee who was allegedly fired for pointing out red flags in the handling of his finances, a California judge has ruled. Depp first sued The Management Group , and Joel and Robert Mandel, in January. Foreclosure News
A full-floor penthouse in the landmark One57 condo building is headed to the auction block after it was seized under foreclosure, Bloomberg reported. This is most likely the largest foreclosure in the history of high-end real estate in New York City, experts say. Foreclosure News
Altisource Portfolio Solutions and Applied DNA Sciences are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, dividends, valuation, earnings and profitability. This is a summary of current ratings and price targets for Altisource Portfolio Solutions and…
