Why Your Next Outperformer Will Be A Homebuilder
Investing in your own home has generated the largest returns on investment for the last five years. This should continue for the next 10 to 15 years.
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King of Diamonds Landlords Sued for Foreclosure After Allegedly Defaulting on Mortgage Payments
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Hip-hop has turned Miami strip club King of Diamonds into a codeine-hazed Shangri-la where you're apt to run into superstars such as Drake, Lil Wayne, or Rick Ross casually lighting the club up on a Tuesday . King of Diamonds is, famously, the place where reality TV star Blac Chyna danced before she began dating…
Ocwen refinancing $300M of notes backed by reimbursement rights
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Ocwen is refinancing $ 300 million of bonds backed by reimbursement rights to funds it has advanced on residential mortgages it services. The two new series of notes will both extend the maturity of the debt issued by the securitization trust and reduce the interest rate. Foreclosure News
Calhoun County housing market improved in second quarter of the year
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Calhoun County had more mortgages and fewer foreclosures over the last three months than during the same period last year. Some industry experts say home sales and prices are up across the county as the market continues to stabilize from the hectic years of the Great Recession. Foreclosure News
Private jet of Romanian businessman Ioan Niculae, put up for sale by bank
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A Hawker 900 XP luxury private jet, which Romanian businessman Ioan Niculae used for business trips, was put up for sale by local lender Banca Transilvania in a foreclosure action through which the bank tries to recover debts from insolvent company Interagro, founded by Niculae, local Economica.net reported. The date of the auction was not…
Worried about foreclosure? Free help is a call away
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Marquitia Fell isn't sure how she got to the website — she clicked from one site to another to another — but finally, in black and white, she found the promise she'd been looking for: a promise to make her mortgage problems go away. Fell's bank was threatening to kick her out of her Germantown,…