Troy Real Estate News
Feb 19, 2015 | via KMOV-TV Saint Louis
All homeowners know it: the cost of a home is much more than being able to afford the mortgage. It is also the costs of upkeep. Comment?
Tuesday May 19 | via The Pitch
Did a downtown Kansas City developer concoct a ruse in front of a city agency en route to tapping public funds for his project? That's what we wondered after reading a curious story in the Kansas City Business Journal about the development of the Commerce Tower at 9th and Main. The story, which was posted on May 13, described how Commerce Tower Group Inc. appeared before the Tax Increment Financing Commission of Kansas City to request additional subsidies to give Commerce Tower a makeover . Comment?
Monday May 11 | via Missourian
Each week, the Missourian highlights a government record that is available to the public. For a complete list of Show Me the Records, go to http://columbiamissourian.com/records . Comment?
Wednesday May 6 | via Mortgage News Daily
I received this note from a veteran LO in a western state. "I was talking with a top-producing Realtor on broker tour this week. Comment?
Monday May 4 | via Inman News
Although a majority of distressed homeowners are plagued by mortgages that far exceed the actual value of their homes, the number of homeowners with underwater mortgages is shrinking, according to Black Knight Financial Services' latest Mortgage Monitor Report. The mortgage industry technology and data analytics provider said that 77 percent of borrowers in foreclosure have underwater mortgages, and about a third of borrowers in active foreclosure have current loan-to-value ratios of 150 or more, meaning they owe 50 percent more than their homes are actually worth. Comment?
Apr 3, 2015 | via Business Journal
Three St. Louis mortgage lenders ranked in the top 10 in Missouri for total loan originations in 2013, led by USA Mortgage/DAS Acquisition Co. Comment?
3 min ago | via Phoenix Real Estate Guy
The Phoenix real estate market has heated up for sellers recently and that's making things a little challenging for buyers. If you're buying right now you're likely seeing multiple offers, bidding wars, properties selling for over asking price, appraisal waivers, and all sorts of craziness. Comment?
3 min ago | via Canadian Content
Canada's reputation as a safe country to live and bank is luring buyers from abroad and driving the housing boom in Toronto. The city of 2.8 million attracts about a quarter of the 250,000 immigrants who arrive in the nation each year. Comment?
1 hr ago | via JD Supra
The appeal involves two companies that allegedly gave and received millions in payments through a "captive" mortgage reinsurance arrangement. Administrative Law Judge Cameron Elliot's recommended decision concluded that these payments were "kickbacks" in violation of the Real Estate Settlement Procedures Act. Comment?
Wednesday | via Daily Business Review
The banksters are continuing to commit the largest fraud upon the American people . Fraudulent documents that have both forgeries of owners names and fraudulent stamped TA DA endorsements are being used as evidence to fraudulently foreclose and steal homes from homeowners across this nation. Comment?
8 min ago | via WYMG-FM Springfield
Cook County property tax records show that an entity controlled by the owner of the Chicago Cubs has purchased three more rooftop buildings next to Wrigley Field. The Chicago Tribune reports that the purchases mean the Ricketts family now owns six rooftop building near the historic ballpark. Comment?
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