Palm River-Clair Mel Real Estate News
Real Estate news for Palm River-Clair Mel, FL continually updated from thousands of sources.
Sunday Oct 12 | via Patch.com
Well, if you are opposed to a 1% increase in the sales tax, a $2.2 Billion train from downtown St. Pete to downtown Clearwater and a 90 year mortgage on Pinellas County you will pay for; by definition of the high rollers that want to see this tax passed, you are a right wing, wacky extremist, Tea Party activist. It is interesting how the GreenLight -Yes people are trying desperately trying to tie opposition of this sales tax boondoggle to extremists. Comment?
Wednesday Oct 1 | via Business Journal
The developers pursuing the deal, under corporate entity Harbour Island Residential LLC, received a $41.5 million loan for the project from Birmingham, Ala.-based Compass Bank , according to a Hillsborough County mortgage filed Wednesday. The 235-unit tower will be built on a site at the intersection of Knights Run Avenue and Harbour Post Drive, east of Plaza Harbour Island, a condominium tower. Comment?
Friday Sep 26 | via ABC Action News
PASCO COUNTY, Fla. - Thousands of Pasco County homeowners may soon have to add flood insurance premiums to their budgets. Comment?
Sep 22, 2014 | via St. Petersburg Times
Sales of single family homes in the Tampa Bay area rose slightly in August though median sales prices remained flat. Bay area buyers closed on 3,596 homes last month, a 3.7 percent increase over the same period last year. Comment?
Sep 12, 2014 | via Business Journal
Tampa Mayor Bob Buckhorn speaks to reporters outside city hall on Friday morning after announcing plans to run for re-election. When it comes to the revitalization of downtown Tampa, Mayor Bob Buckhorn admits it: Several factors beyond his control are in his favor. Comment?
4 hrs ago | via St. Petersburg Times
Under Gov. Rick Scott, more than $266 million in tax incentives have been pledged in return for creating more than 45,000 jobs. But just 2,430 jobs, 5 percent of that number, have been created. Comment?
Yesterday | via Capital Soup
Today, the Republican Party of Florida released a new TV ad, "Helpless." Florida suffered more job loss and foreclosures than 48 other states. Comment?
Yesterday | via JD Supra
We are often asked when representing a client in defense of a claim whether the client could avoid the liability asserted by the claimant by potentially buying the cause of action out from under the claimant. The most common circumstance is when the plaintiff has an adverse uncollected judgment or, perhaps, owes money under a promissory note in default or construction lien. Comment?
Yesterday | via Business Journal
New data from CoreLogic shows the rate of Orlando-Kissimmee-Sanford area foreclosures among outstanding mortgage loans was 4.32 percent in August - the latest data available. That's a 3.59 percentage point decrease compared to the year-ago period when the rate was 7.90 percent. Comment?
Yesterday | via The Orlando Sentinel
Central Florida dominated a new list of U.S. metro areas with the greatest share of financially unstable houses worth less than the debt owed on them during the third quarter. Polk County tied with Las Vegas for having the greatest share of debt-laden homes among more than 50 of the top U.S. metropolitan areas, according to a third-quarter report released Thursday by real-estate-research company RealtyTrac. Comment?
7 min ago | via Law.com
John C. Ertman and Richard D. Marshall write that investors in residential mortgage loan trusts that were created in the real estate boom years have incurred billions of dollars of losses since 2008. In the coming months, decisions regarding statute of limitations and the approval of global trust settlements under New York trust law are expected in two lawsuits over those losses that will have a major impact on the direction mortgage litigation will take. Comment?
8 min ago | via Business Wire
The study sheds light on the fact that reforms-specifically, noneconomic damage caps... Starkville becomes second Mississippi city to qualify four areas for C Spire's 1 Gbps fiber to the home Internet technology initiative )--C Spire announced today that homeowner pre-registration exceeded the required threshold in a fourth area of Starkville this week - helping it qualify for ultra-f... )--Fitch Ratings has downgraded three and affirmed 14 classes of J. P. Morgan Chase Commercial Mortgage Securities Corp commercial mortgage pass-through certificates... )--Research and Markets has announced the addition of the "Deepening Customer Relationships with Wealth Managemen... )--Fitch Ratings has published the 'Metals & Mining Chartbook' to supplement industry information in rating reports on North American steel, base metals, coal, and gold ... )--Sensient Technologies Corporation announced ... (more) Comment?
10 min ago | via Housing Wire
In just the last few days, the company has been the subject of a letter from New York Department of Financial Services Superintendent Benjamin Lawsky, which alleged that the company had been backdating potentially hundreds of thousands of letters to borrowers "likely causing them significant harm." The letter caused a nosedive for Ocwen's stock and the stock of its affiliated companies, Altisource Residential , Altisource Asset Management Corp , Altisource Portfolio , and Home Loan Servicing Solutions . Comment?
10 min ago | via Housing Wire
Invitation Homes is preparing to bring its third REO-to-rental securitization of the year to market soon. The securitization, Invitation Homes 2014-SFR3, will be collateralized by a $775.1 million loan secured by first priority mortgages on 4,048 income-producing single-family homes. Comment?
15 min ago | via WLOS
A suburban Chicago lawyer who hosted a syndicated radio talk show has been found guilty of mortgage fraud in a scheme to defraud lenders out of nearly $10 million. The Chicago Sun-Times reports prosecutors showed Ballentine, who broadcast from Durham, North Carolina, and others used straw buyers to secure mortgages on 28 properties they never intended to live in. Comment?
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