Berwyn Heights Real Estate News
Real Estate news for Berwyn Heights, MD continually updated from thousands of sources.
Thursday Dec 11 | via The Washington Post
These sales data recorded by the Maryland Department of Assessments and Taxation were provided by Black Knight Financial Services. For information about other residential real estate transactions, visit www.washingtonpost.com/homesales . Comment?
Sunday Dec 7 | via WTOP-FM Washington
Less than a year after a federal appeals court ruled Freddie Mac is exempt from state and local real estate recordation taxes, the housing finance giant has sued the state of Maryland and Prince George's County for refusing to record a deed on a $58 million property sale if Freddie Mac didn't pay those levies. Freddie Mac filed a lawsuit Dec. 3 against Maryland and Prince George's County finance officials for "illegally" charging it deed transfer and recordation taxes on the 2012 sale of a District Heights apartment building. Comment?
Friday Dec 5 | via Gazette.net
Prince George's County homebuyers may be eligible for a reduced mortgage rate and up to $20,000 in down payment assistance under a new initiative to promote home ownership. Homebuyers borrowing through the Maryland Mortgage Program, an initiative of the Maryland Department of Housing and Community Development, or MDHCD, and purchasing a home in Prince George's County may receive a 0.25 percent mortgage rate discount and $10,000 down payment assistance in the form of an interest-free deferred loan. Comment?
Tuesday Nov 25 | via Patch.com
In an effort to help families find their dream homes, the MMP Triple Play Initiative will provide $100 million for down payments. For over 30 years The Maryland Mortgage Program has administered loans to homebuyers and the new initiative introduced on Nov. 20 will help continue that effort. Comment?
Friday Nov 21 | via Business Journal
Prince George's County was one of the hardest-hit parts of Maryland during the foreclosure crisis, and now a new program is aimed at boosting homeownership there. Comment?
44 min ago | via Reuters
JPMorgan Chase & Co will soon issue a report outlining improved controls it has been enacting in the wake of recent missteps, including its role in the 2008 financial crisis, according to a shareholder activist who has seen a draft. The report could add pressure on other banks to show tangible changes to policies after a slew of scandals tainted the industry, according to the activist, Seamus Finn, chair of the board of the Interfaith Center on Corporate Responsibility. Comment?
15 min ago | via Mashable
The falling value of the ruble has led to a lot of economic uncertainty in Russia. But in London, luxury real estate agents are enjoying more business as wealthy Russian oligarchs look for a safe haven to park their savings. Comment?
19 min ago | via The Washington Post
Corporate landlords are benefiting from the worst U.S. rental-housing shortage in more than a decade as construction trails demand and more Americans opt to lease rather than buy. There's an undersupply of single-family houses and apartments to rent for the first time since 2001, according to an analysis by Frank Nothaft, chief economist at mortgage buyer Freddie Mac, based on available inventory and historic vacancy rates. Comment?
19 min ago | via Business Wire
Commissions f... )--Fitch Ratings has affirmed all classes of DBCCRE 2014-ARCP Mortgage Trust Commercial Mortgage Pass-Through Certificates. Comment?
23 min ago | via Townhall
Janet says that the Fed could raise rates at "any moment". Of course they can and they can cut rates to negative, like the Swiss, at "any moment". Comment?
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