Port Chester Real Estate News
Real Estate news for Port Chester, NY continually updated from thousands of sources.
Saturday Nov 22 | via Patch.com
Bronxville is one of my favorite villages in all of Westchester County . Not only because I was born in Lawrence Hospital or that my parents were born and raised here but because it has a special charm that doesn't exist in many of the other towns. Comment?
Thursday Nov 13 | via Central Ohio
U.S. Attorney Preet Bharara refers to charts as he announced the unsealing of an indictment charging defendants with fraud in connection with mortgages and other loans Thursday at the Federal Courthouse in White Plains, N.Y. / Matthew Brown, The Journal News WHITE PLAINS, N.Y. - An extended family and several business associates were indicted on federal charges Thursday in a mortgage and welfare fraud scheme that authorities say netted more than $20 million. Federal agents arrested 13 people in pre-dawn raids in the ultra-Orthodox Jewish communities of Williamsburg in Brooklyn, Kiryas Joel and Monroe in Orange County, and Manhattan. Comment?
Friday Nov 7 | via The Pound Ridge Daily Voice
WESTCHESTER COUNTY, N.Y. Real Estate Executive magazine has ranked Julie B. Fee and William Pitt Sotheby's International Realty at No. 30 among the top 200 real estate brokers in America for 2014. Comment?
Thursday Nov 6 | via Patch.com
Julia B. Fee Sotheby's International Realty today announced that Sharon Zanzano, formerly of Houlihan Lawrence, has joined the company as a sales agent and will be based in the firm's Bronxville brokerage. Zanzano brings 13 years of award-winning real estate professionalism and experience to the company. Comment?
Tuesday Nov 4 | via Monterey County Herald
Q Unfortunately, I just filed for personal Chapter 7 bankruptcy. I have not filed income tax returns for the last three years because I knew I owed and could not afford to pay. Comment?
19 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?
1 hr ago | via CEPR
The LA Times ran a nice story on Friday about the Coronel family of Azusa, California, and how they were able to buy back their foreclosed home "for $280,000, far less than the $400,000-plus debt that had gone into default." They had been able to stay in their home after their foreclosure because "Fannie Mae gave permission in 2010 for the Coronels to stay on in the Azusa house as renters." Comment?
7 min ago | via Seeking Alpha
Two Harbors Investment Corp. announced today that there will be changes to the key management position of Chief Risk Officer, effective January 1, 2015. While I did not predict that this management change would occur, I am very pleased with the choice of this still-relative newcomer to Two Harbors. Comment?
7 min ago | via Seeking Alpha
The fear that interest rates would rise too high, too quickly has shown itself to be unfounded. With the official end of QE there remains two pieces to the Fed influence on both interest rates and Treasury rates: ZIRP, or zero interest rate policy , and the eventual increasing of rates by the Fed, said to be sometime in late 2015. Comment?
7 min ago | via Reuters
Canada's housing market is overvalued by as much as 20 percent but is likely to achieve a soft landing, the International Monetary Fund said on Wednesday. IMF official Hamid Faruqee said national home prices in Canada were between 5 percent and 20 percent higher than fundamentals suggest they should be. Comment?
10 min ago | via Financial News & Daily Record
First Coast No More Homeless Pets bought Westside property last week to develop a clinic, warehouse and offices to serve as a second location to its North Jacksonville headquarters. To recognize major donors, the Westside project will be The First Coast No More Homeless Pets Mary Lou Russell Animal Welfare Complex and one of the three buildings there will become the Joseph A. Strasser Veterinary Hospital. Comment?
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