Getzville Real Estate News
Real Estate news for Getzville, NY continually updated from thousands of sources.
Oct 1, 2014 | via Business Journal
M&T Bank is moving ever-closer to holding 50 percent of all bank deposits in Western New York, according to new data, and officials say the growth is mostly tied to a recent influx of mortgage servicing business and corporate deposits. On June 30, the Buffalo-headquartered bank held 45.86 percent of the eight-county deposit market share, according to the Federal Deposit Insurance Corp.'s newly released summary of deposits report. Comment?
Sep 15, 2014 | via Observer
Continuing Care Facility in Getzville, NY surrounded by family. She was born March 27, 1931, the daughter of Frank and Julia Bozich. Comment?
Jul 18, 2014 | via Business Journal
Plans for a $10 million senior apartment complex, pegged for an Amherst site, remain on hold after a developer's request for needed tax breaks to finance the project was denied a formal vote from the town's Industrial Development Agency. Comment?
Jul 19, 2011 | via WGRZ-TV
Hold onto your wallet. When it comes to buying and selling a home, New Yorkers pay the highest closing costs in the entire country. Comment?
17 hrs ago | via Albany Times Union
In this Tuesday, July 16, 2013, file photo, a customer uses an ATM at a Bank of America branch on Peachtree Street, in Atlanta. U.S. bank earnings rose 7.3 percent in the July-September quarter of 2014, from a year earlier, as banks reduced their expenses and continued to lend out more money, which helped drive up revenue. Comment?
Monday | via Housing Wire
The Center for NYC Neighborhoods and the national Lawyers' Committee for Civil Rights Under Law released a joint report on foreclosure rescue scams. The report , titled "Who Can You Trust? The Foreclosure Rescue Scam Crisis in New York," combines quantitative data on national trends from the Lawyers' Committee and qualitative data from focus groups coordinated by the Center. Comment?
Sunday Nov 23 | via The Real Deal
Scammers are conning millions out of cash-strapped New York homeowners, according to a new study to be released Monday. Some 2,700 families across the state have been affected by foreclosure scams, which offer false promises of loan modifications, and the problem is particularly acute in the Southeast Brooklyn, Northeast Bronx and Southeast Queens, according to the New York Post. Comment?
Friday Nov 7 | via Theflyonthewall.com
Information Management Network to hold a symposium Private Label RMBS Reform Symposium is being held in New York on November 12. Lawsky reports a positive for mortgage space, says FBR Capital FBR Capital views reports of New York Department of Financial Services Superintendent Benjamin Lawsky's plans to step down in 2015 as a positive for mortgage servicing space. FBR notes Ocwen Financial has been the company under the most scrutiny with Lawsky in charge and that Nationstar Mortgage ) has also received a letter from the regulator. Comment?
Wednesday Nov 19 | via Housing Wire
The third-quarter report from RealtyTrac on flipping shows that 26,947 single-family homes were flipped nationwide in the third quarter of 2014 - where a home is purchased and subsequently sold again within 12 months - representing 4% of all U.S. single-family home sales. That's down from 4.6% in the second quarter of 2014 and down from 5.6% in the third quarter of 2013 to the lowest level since the second quarter of 2009. Comment?
3 min ago | via Star-Telegram.com
The number of Americans signing contracts to buy homes fell slightly in October as tight credit and lagging wages remained financial hurdles for would-be homebuyers. The National Association of Realtors says its seasonally adjusted pending home sales index fell 1.1 percent the past month to 104.1. The index remains below its 2013 average but is 2.2 percent higher than last October. Comment?
5 min ago | via The Globe and Mail
Policy-makers probably won't do anything to cool prices now, since many smaller housing markets aren't running as hot as Toronto, Calgary and Vancouver. Policy-makers probably won't do anything to cool prices now, since many smaller housing markets aren't running as hot as Toronto, Calgary and Vancouver. Comment?
18 min ago | via Wall Street Journal
The number of contracts signed to buy previously owned homes fell in October, a new sign of an uneven housing recovery. An index of pending sales of existing homes, reflecting purchases under contract but not yet closed, fell 1.1% to 104.1 in October from September, the National Association of Realtors said Wednesday. Comment?
9 hrs ago | via jdsupra.com
Construction lenders often go to great lengths to ensure their deeds of trust have priority over mechanic's liens. Typically, as part of the construction loan process, general contractors are asked to sign documents consenting to the owner's assignment of the construction contract to the lender. Comment?
10 min ago | via The Washington Post
Mortgage rates were mostly flat this week heading into Thanksgiving, according to the latest data released Wednesday by Freddie Mac. The 30-year fixed-rate average slid down to 3.97 percent, with an average 0.5 point. Comment?
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