Brentwood Real Estate News
Mar 17, 2015 | via Business Wire
Bond proceeds will be used to construct and equip a new residence hall, related parking and road improvements, and pay costs of issuance. The bonds will also have a fully funded debt service reserve. Comment?
Jan 21, 2015 | via Customer Interaction Solutions
Fitch Ratings has affirmed the 'BB' rating on the following St. Louis County Industrial Development Authority bonds, issued on behalf of Nazareth Living Center : The bonds are secured by a pledge of gross revenues, a first mortgage lien, and a debt service reserve fund. BOOST FROM ILU PROJECT: NLC's financial performance improved in fiscal 2014, in part resulting from successful occupancy and revenue from its 50-ILU expansion completed in 2013. Comment?
Jan 19, 2015 | via Times of Oman
Earlier this month, the Pew Research Centre released a study that found that most wealthy Americans believed "poor people today have it easy because they can get government benefits without doing anything in return." This is an infuriatingly obtuse view of what it means to be poor in the United States - the soul-rending omnipresence of worry and fear, of weariness and fatigue. Comment?
Jan 10, 2015 | via KRCG-TV Jefferson City
The fatal Ferguson police shooting is forcing St. Louis real estate agents to again confront thorny issues of race and housing segregation that shaped the region's growth for decades before Michael Brown's death five months ago. More than 200 housing industry workers, bankers and community organizers packed a west St. Louis County conference room Friday for a discussion hosted by the St. Louis Association of Realtors on the "Ferguson impact." Comment?
Dec 26, 2014 | via Business Journal
Rainbow Village, a nonprofit that finds housing for people with developmental disabilities, is purchasing eight homes across St. Louis County for $1.1 million. Michael Rea, Rainbow Village's executive director, said in an interview that the purchase was unprecedented for the organization, founded in 2003. Comment?
Tuesday May 19 | via The Pitch
Did a downtown Kansas City developer concoct a ruse in front of a city agency en route to tapping public funds for his project? That's what we wondered after reading a curious story in the Kansas City Business Journal about the development of the Commerce Tower at 9th and Main. The story, which was posted on May 13, described how Commerce Tower Group Inc. appeared before the Tax Increment Financing Commission of Kansas City to request additional subsidies to give Commerce Tower a makeover . Comment?
Monday May 11 | via Missourian
Each week, the Missourian highlights a government record that is available to the public. For a complete list of Show Me the Records, go to http://columbiamissourian.com/records . Comment?
Wednesday May 6 | via Mortgage News Daily
I received this note from a veteran LO in a western state. "I was talking with a top-producing Realtor on broker tour this week. Comment?
Monday May 4 | via Inman News
Although a majority of distressed homeowners are plagued by mortgages that far exceed the actual value of their homes, the number of homeowners with underwater mortgages is shrinking, according to Black Knight Financial Services' latest Mortgage Monitor Report. The mortgage industry technology and data analytics provider said that 77 percent of borrowers in foreclosure have underwater mortgages, and about a third of borrowers in active foreclosure have current loan-to-value ratios of 150 or more, meaning they owe 50 percent more than their homes are actually worth. Comment?
Apr 3, 2015 | via Business Journal
Three St. Louis mortgage lenders ranked in the top 10 in Missouri for total loan originations in 2013, led by USA Mortgage/DAS Acquisition Co. Comment?
4 min ago | via GantDaily.com
No, we're not talking about regular people's homes. The biggest gains have come from so-called real estate investment trusts - REITs for short. Comment?
2 hrs ago | via This Is Money
The average period of time between home moves is as long as 28 years in some UK cities, new findings reveal today. A 30 per cent drop in moves by homeowners with mortgages over the last decade is starving the market of housing supplies and driving prices upwards, Hometrack suggests. Comment?
11 min ago | via Monster.com
Loan Underwriting for Direct Lender If you are a Conventional Mortgage Underwriter with experience in purchase front line underwriting, please read on! Our client is a National Lender looking to add a Conventional Underwriter to their established operations department that will be trained to get their DE quickly. What you'll be doing: - Underwriting Mortgages for a "world class" client - Dealing with many Lenders on a number of projects - Working with the full Microsoft office suite - Deliver solid work in a timely fashion -3+ years of recent conventional mortgage underwriting in a purchase market. Comment?
16 min ago | via Seeking Alpha
In my quest for durable income I seek to maintain a tactically balanced portfolio that includes a combination of safe income sprinkled with higher yielding components. Recently I informed my newsletter subscribers that I had decided to sell out of United Development Funding and replace that position with shares in Starwood Property Trust . Comment?
23 min ago | via Home
Putting your home on the market is one of the hardest things to do. Letting go and purging items lived with over the years can be difficult. Comment?
Copyright © 2015 Topix LLC