Bay City Real Estate News
Wednesday Apr 15 | via The Oregonian
Oregon and 42 other states, along with the federal government, have reached a settlement a mortgage company they say helped would-be mortgage loan officers cheat on licensing exams. New Day Financial of Maryland, which conducted business as NewDay USA , will pay a $5.28 million penalty to be split between the states, and its CEO will be removed. Comment?
Tuesday Apr 14 | via The Oregonian
Houses lingered on the market for less time in March -- about 75 days, on average -- than in February, RMLS reported. People seeking to buy a house in Portland faced longer odds in March than at any time since September 2005, the Regional Multiple Listing Service reported this week. Comment?
Monday Apr 6 | via Dallas Morning News
Hospitals know their chances of getting paid plummet as soon as the patient walks out the door. Patients, meanwhile, are often unprepared for paying thousands of dollars for their health insurance deductibles and out-of-pocket ceilings. Comment?
Wednesday Apr 1 | via Willamette Week
Stuart, 47, is CEO of Oregon's second-largest financial institution, with 26 branches, 501 employees and assets of $3.6 billion. His organization is growing fast and opening branches so posh they would make tellers at Chase blush. Comment?
Thursday Mar 26 | via OregonLive.com
It's getting harder and harder for the average wage-earner to consider buying a house in the Portland area. It's getting harder for the average Portland-area resident to buy a house -- more than three times harder over the last two years, a new study has found. Comment?
12 min ago | via Log Cabin Democrat
Fees from corporate mergers and commissions from trading fueled profits at big financial firms. But average Americans also helped by taking out more home loans and paying off their debts. Comment?
15 min ago | via The Real Deal
Downtown Brooklyn doesn't exactly evoke images of grassy quads, but its booming real estate market makes it ripe for a transformation into a college town, according to Tucker Reed, president of the Downtown Brooklyn Partnership. Higher education institutions currently own millions of square feet of unbuilt development rights in Downtown Brooklyn. Comment?
16 min ago | via West Australian
Lawmakers in Cyprus on Saturday approved legislation governing foreclosures, paving the way for the bailed-out island to join the European Central Bank's sovereign bond-buying programme. In a majority vote, the Cypriot parliament approved an insolvency framework for private debtors, ending a months-long standoff with the government over dealing with non-performing loans that are among the highest in Europe. Comment?
36 min ago | via CBC News
A team from Habitat for Humanity NL is spending two weeks in Pondicherry, India to build a home for a working family. A team of a dozen Newfoundlanders are in India to build a home for a working family, as part of a Habitat for Humanity project. Comment?
1 hr ago | via Anchorage Daily News
Most people believe they have their homes and rental properties adequately insured against unforeseen disasters. The policy gaps are evident only when a problem occurs. Comment?
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