Old Forge Real Estate News
Real Estate news for Old Forge, NY continually updated from thousands of sources.
3 hrs ago | via Reuters
The New York state banking regulator has launched an investigation into potentially predatory practices by lenders who make short-term, high-interest loans secured by homes or other real estate. Benjamin Lawsky, superintendent of the state Department of Financial Services, sent subpoenas to nine "hard money lenders," seeking information about their loan policies and marketing materials, his office said in a statement on Tuesday. Comment?
16 hrs ago | via Philly.com
WHEN PEOPLE talk about retirement, it's often in the context of how much money they have to save for their senior years. People know or have heard enough that they need to factor into their retirement plan their cash savings, investment account holdings, Social Security and, if fortunate, any pension benefit. Comment?
17 hrs ago | via KWWL-TV Waterloo
11, 2014 photo, Myles Griffin, 74, poses for a photograph in front of his home in Philadelphia. . In this Thursday, Sept. Comment?
Friday Sep 12 | via Natl. Relocation & Real Estate
RealtyTracA recently released its U.S. Foreclosure Market Reporta for August 2014, which shows foreclosure filings-default notices, scheduled auctions and bank repossessions-were reported on 116,913 U.S. properties in August, an increase of 7 percent from the previous month but still down 9 percent from a year ago. The report also shows one in every 1,126 U.S. housing units with a foreclosure filing during the month. Comment?
Friday Sep 12 | via Nu Wire Investor
The foreclosure crisis is over in the United States but the distress caused by the housing bust is still lingering, according to the latest report from housing data firm RealtyTrac. Foreclosure filings were reported on 116,913 properties in August, an increase of 7% from the previous month but still down 9% from a year ago, the smallest decrease in the last 47 consecutive months of year on year declines in US foreclosure activity. Comment?
5 min ago | via CTV
TD Bank chief executive Ed Clark says the federal government needs to do more to ensure Canadians aren't taking on more debt than they can handle. The banking head, who retires in November, says he remains concerned about the effect the Bank of Canada's low interest rate policy is having on spending habits. Comment?
5 min ago | via WRVA-AM Richmond
Virginia Attorney General Mark Herring is suing 13 of the world's largest banks for $1.15 billion in damages related to the housing market crash. Herring said at a news conference Tuesday that the banks misled the Virginia Retirement System about the quality of certain loans while selling mortgage-backed securities. Comment?
8 min ago | via West Australian
There is a distinct chance U.S. Federal Reserve officials will rewrite their strategy for normalizing monetary policy this week given signs that a roller-coaster debate over a new tool for controlling interest rates is nearing its resolution. Investors worldwide are watching the U.S. central bank's policy meeting that ends on Wednesday for hints on when it will start raising borrowing costs. Comment?
2 hrs ago | via Mortgage News Daily
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. Look who's finally leaving the roost. Comment?
14 min ago | via Seeking Alpha
The company has reported increased revenues and earnings on the back of the housing rebound that began in 2012 and has continued despite naysayers. Increases in both price and volume of sales has been a boon to homebuilder margins and profits, but for the most part their stock prices have not kept up. Comment?
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