Broken Bow Real Estate News
Real Estate news for Broken Bow, OK continually updated from thousands of sources.
Yesterday | via Ukiah Blog Live
Over the last few weeks, a number of regular readers of The Archdruid Report have asked me what I think about the recent plunge in the price of oil and the apparent end of the fracking bubble. That interest seems to be fairly widespread, and has attracted many of the usual narratives; the blogosphere is full of claims that the Saudis crashed the price of oil to break the US fracking industry, or that Obama got the Saudis to crash the price of oil to punish the Russians, or what have you. Comment?
Tuesday Dec 16 | via Bloomberg
Federal prosecutors are preparing to bring charges against payday loan mogul Scott Tucker, better-known as a racecar driver on U.S. and European circuits, for deceiving borrowers about the cost of loans, three people briefed on the matter said. Manhattan U.S. Attorney Preet Bharara has been working with the Federal Bureau of Investigation in New York to build a case against Tucker that may include charges under a racketeering law designed to crack down on the Mafia, according to one of the people, who with the other two asked not to be identified because the investigation is confidential. Comment?
Saturday Nov 22 | via NewsOK.com
As tens of thousands of Oklahoma baby boomers reach retirement age each day, home builders and real estate agents are working to keep up with their changing housing needs. As tens of thousands of baby boomers reach retirement age each day, homebuilders and real estate agents are working to keep up with their changing housing needs. Comment?
Oct 30, 2014 | via MarketWatch
There were 117,298 owner-vacated foreclosures nationwide in the third quarter of 2014, representing 18% of total properties in foreclosure, down from 141,406 in the second quarter of 2014 and down 152,033 in the same period last year, according to data released Thursday by the real estate website RealtyTrac . "Zombie" foreclosures occur when the owner leaves the property, but the bank has yet to take possession of it. Comment?
Oct 29, 2014 | via Durant Daily Democrat
First United Bank announced plans to expand operations in central and southern Oklahoma through a merger with First American Bank, headquartered in Purcell and Norman, in early 2015. This merger will bring a tremendous team and customer base from First American Bank into the First United family, according to company officials, who said in in a news release that the merger will increase First United's total assets to approximately $3 billion with $500 million assets in the Oklahoma City region. Comment?
1 min ago | via Business Journal
The Bayou City has 68,222 homes underwater, meaning these homeowners owe more on their mortgage than their home is worth . About 7.4 percent of all Houston homeowners with a mortgage are underwater, according to the Seattle-based online real estate company . Comment?
52 min ago | via Investopedia
Major U.S. indices were poised to end the week on a higher note, as of mid-day trading on Friday afternoon. While crude oil prices have weighed on the market in recent weeks, the Federal Reserve helped boost equities this week by saying that they wouldn't be too eager to raise interest rates. Comment?
1 hr ago | via The Hartford Courant
Howard Pitkin, who led the state banking department as commissioner for nine years much of its marked by the mortgage crisis, will retire in January, ending a four-decades long career in the department. "Throughout my nearly 40 years at the Department of Banking, I have had the luxury of working with a staff of exceptional professionalism and expertise," Pitkin said. Comment?
2 hrs ago | via Forbes.com
I am the Pennywise Parent, a writer covering the personal finance of parenting. As a staff reporter at The New York Times, USA Today and The Columbia Journalism Review, I wrote about real estate, investing, style and travel. Comment?
8 min ago | via Albany Times Union
North Carolina lawmakers have voted to recommend weakening requirements for the state's mortgage lenders, a move that proponents say would cut costs for the industry but critics say would dilute protections for borrowers. A legislative study committee voted unanimously Friday to move forward with the proposed changes, which are expected to be taken up when the General Assembly convenes in January. Comment?
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