West Jefferson Real Estate News
Dec 31, 2013 | via Business Wire
Net income was $532 million, or $3.28 per share, for fourth quarter 2014, compared with $349 million, or $1.90 per share, for fourth quarter 2013. Net income for FY 2014 was $1.1 billion, or $6.26 per share, compared with FY 2013 net income of $808 million, or $4.30 per share. Comment?
Feb 3, 2015 | via Alabama Live
A $70 to $90 million project to redevelop Birmingham's Loveman Village public housing community has hit a snag in a bureaucratic contest for limited state tax credits. Housing Authority Executive Director Naomi Truman has said the authority hopes to get approval for about $15 million in state tax credits to provide a financial base before seeking a private mortgage. Comment?
Jan 27, 2015 | via Alabama Live
The lawyer for a former Jefferson County revenue clerk, who is charged with twice taking $20 to process car tags for people who didn't want to wait in long lines, attacked her prosecution on the small dollar amount during opening statements of her trial Tuesday. "Ladies and gentlemen, this is not your county commission, this is not Larry Langford," Ed Odum, an attorney for Alisha Cole, told jurors in a reference to past public corruption cases against county officials involving the county's multi-billion dollar sewer system. Comment?
Dec 15, 2014 | via TheStreet.com
NEW YORK -- Property values are slowly recovering from the recent real estate bust, but here is a look at communities that market-watcher RealtyTrac says have already developed fresh housing bubbles. "These are markets that we can say are firmly back in bubble territory," says Daren Blomquist of RealtyTrac, which analyzed hundreds of counties to measure each one's bubble risks. Comment?
Oct 13, 2014 | via Learn Bonds
Ultra-loose monetary policy has pushed investors en masse to take risks that they otherwise wouldn't be comfortable with. The WSJ reports that this has led to some trades becoming "crowded," and thus potentially vulnerable to sharp reversals if the assumptions underlying them prove false. Comment?
Thursday | via Alabama Live
Sales: According to the Baldwin County Association of REALTORS MLS , Baldwin County condo sales, which include condos along the Gulf Coast, totaled 162 units in April. Sales improved 23.7 percent from the same period a year earlier. Comment?
Monday May 18 | via Alabama Live
Sales: According to the Greater Alabama MLS , the Birmingham metro area* residential sales totaled 1,222 units in April, an improvement of 7.8 percent or 88 units from the same period last year. This represents the best sales results for the month of April since 2008. Comment?
Tuesday May 12 | via Insurance Journal West
The head of the Senate Banking Committee unveiled his long-awaited bill to toughen oversight of the Federal Reserve and ease the regulatory burden on dozens of banks, setting off what could be intense negotiations with Democrats. In legislation that Senator Richard Shelby calls a "work in progress," he laid out ideas to make the Fed disclose more information to Congress about its monetary-policy decisions and free some lenders from stringent capital requirements. Comment?
Tuesday May 12 | via Reuters
A draft Republican bill in the U.S. Senate takes aim at bank rules and insurance regulations, also limiting restrictions on mortgage requirements and proposes restructuring the Federal Reserve and other financial regulators. The 216-page, eight section report released on Tuesday was crafted by the staff of Senator Richard Shelby of Alabama who chairs the Senate Committee on Banking and has made easing rules for small banks and imposing reforms on financial regulators a priority. Comment?
Monday Apr 27 | via Law.com
The last time a group of big banks asked the U.S. Court of Appeals for the Second Circuit to rule that a federal agency's mortgage-backed securities claims were barred by the statute of repose, the resulting loss helped trigger a string of settlements worth more than $20 billion to the Federal Housing Finance Agency. The banks fared no better in litigation brought by the National Credit Union Administration, losing a parallel ruling in the Tenth Circuit. Comment?
4 min ago | via SILive.com
If you're in the market for a summer rental on the Jersey Shore, Realtors from towns popular with Staten Islanders -- including Long Beach Island, Point Pleasant, Belmar and Seaside Heights -- say you'd better act fast and be prepared to shell out top dollar. With most of the Jersey Shore now fully recovered from the damage caused by Hurricane Sandy on Oct. 29, 2012, there are more rentals than last year. Comment?
5 min ago | via AmericanBankingNews.com
's stock had its "top pick" rating restated by analysts at Fundamental Research in a research report issued to clients and investors on Wednesday. They currently have a C$12.80 price target on the stock. Comment?
6 min ago | via The Harbor Times Soup
Absolutely delightful and bright cottage style home in the Village of Rockport. First floor Master suite, wood floors, gas stove in the living room and built-ins. Comment?
1 hr ago | via Seeking Alpha
A low payout ratio signals that U.S. Bancorp has a significant amount of dividend growth in the years ahead. When people talk about banks and Warren Buffett, it is usually the $25 billion position in Wells Fargo that gets all the attention. Comment?
1 hr ago | via Effingham Herald
When it comes to the modern American economy, location is everything. As recent studies have shown , your zip code makes a huge difference when it comes to upward mobility and career opportunities. Comment?
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