Jay Real Estate News
Monday May 11 | via TheStreet.com
NEW YORK -- Federal Reserve Chair Janet Yellen is worried about stretched valuations in the stock market, while investors are searching for yield. Due to this dilemma, the market dynamics are changing for bonds, gold, crude oil and the dollar. Comment?
Apr 14, 2015 | via Albany Times Union
In this Jan. 18, 2011 file photo, a pedestrian walks by a Wells Fargo bank branch in Los Angeles. Wells Fargo, the third-biggest U.S. bank by assets, said its first-quarter earnings fell slightly from the same period a year earlier, Tuesday, April 14, 2015. Comment?
Mar 25, 2015 | via National Mortgage News
MGIC Investment Corp. former Chief Executive Officer Curt Culver, who presided over an 85% stock-price decline during his tenure, received compensation valued at about $8 million for his last full year in the top job. Culver, 62, received a salary of $966,000 for 2014, stock awards of $2.42 million and incentive pay of $2.9 million, the Milwaukee-based mortgage insurer said March 24 in a filing. Comment?
Mar 1, 2015 | via Thanh Nein News
Economists expect Premier Li Keqiang to announce a growth target of around 7 percent for 2015, down from 7.5 percent last year. China showed its determination to combat a slowdown in the world's second-largest economy, cutting interest rates before a yearly gathering of the legislature where the Communist leadership typically unveils its goals for the year. Comment?
Feb 27, 2015 | via National Mortgage News
Ocwen Financial Corp., the mortgage servicer under attack for its handling of home loans, slumped the most in more than a month after receiving notices that it was being fired from overseeing debt backing two bond deals. The company's shares dropped 13% to $8.51 as of 12:48 p.m. in New York trading, the most since Jan. 23. Wells Fargo & Co., the trustee for the transactions, said in letters to investors this week that a majority of bondholders had directed it to terminate Atlanta-based Ocwen from working on the deals, which include about $260 million of loans, or less than 0.2% of its business related to mortgages without government backing, according to data compiled by Bloomberg. Comment?
Yesterday | via Denver Post
Home prices in 20 U.S. cities rose at a faster pace than projected in the year through March, reflecting a limited number of available properties on the market. The S&P/Case-Shiller index of property values increased 5 percent from March 2014 for a second month, the group said Tuesday in New York. Comment?
Jan 8, 2015 | via American Reporter
American politics isn't kind to the losers. And as far as the conventional political wisdom goes, Mario Cuomo was a loser. Comment?
Yesterday | via Bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Home prices in 20 U.S. cities rose at a faster pace than projected in the year through March, reflecting a limited number of available properties on the market. Comment?
Sunday May 24 | via Daily Mail
Dream mansion on PRIVATE ISLAND with New York City views and where Marilyn Monroe used to party goes on sale for $11 million More than a dozen protesters arrested in Cleveland after white cop is cleared in shooting of unarmed black couple through their windshield in 137-bullet barrage Mothers are losing the ability to give birth naturally and breastfeed their babies claims leading doctor who blames rise of C-sections and use of drugs NSA starts to wind down its controversial collection of phone records - after chaotic Senate fails to agree on top secret program General Motors faces criminal charges and fine in excess of $1 BILLION for failing to disclose ignition defect tied to at least 104 deaths 'It's really thrown me for a loop': Sandra Lee reveals emotional and physical struggle to recover after double mastectomy that saw her lose 15 pounds in just five days My affair with scared and ... (more) Comment?
Friday May 22 | via Genesee Country Express
Nothnagle Realtors has joined forces with Howard Hanna Real Estate Services, the fourth-largest real estate company in the United States. With this alliance, the two family owned companies said they now have 125 years of combined experience and operating history to guide and to grow them to new heights. Comment?
6 min ago | via Loudoun Times
An Ashburn woman and short sale real estate specialist was convicted today in federal court for a mortgage and tax fraud scheme that earned her more than $700,000 in profits. Comment?
7 min ago | via The Standard
As a realtor and property owner, Ryan Edmondson recalls some rehab decisions that he is not proud of. "I could kill myself for some of the things I did," he said. Comment?
24 min ago | via Seeking Alpha
Fidelity Southern's core earnings are below reported results, and the stock looks like the recent pull-back could continue. Fidelity Southern Corporation reported diluted EPS of $0.45 for the first quarter of 2015 , which is a 60% increase over the earnings reported in 1Q2014. Comment?
28 min ago | via Weyburn Review
Weyburn's Habitat for Humanity Committee got the ball rolling on the second home for Weyburn, with an information and application night held Thursday evening at the Captain's Hall. Committee chair Winston Bailey told the group gathered that they will need to raise about $70,000 for the next home, although construction could be started once $20,000 of that amount is raised; the estimated cost for the next home is around $230,000. Comment?
28 min ago | via Inman News
People in the lesbian, gay, bisexual and transgender community, while psyched about the investment benefits that come with homeownership, are concerned about discrimination in their real estate deals, according to the results of an online survey released today. The survey indicated agents looking to work with this population should focus on burnishing something that many prospective clients - LGBT or not - care about: agents' local reputation. Comment?
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