HUD sues ex-R.I. nursing home executive to recover m...
Saturday Dec 19 | via Providence Journal
The federal government is seeking more than $12 million from former nursing home executive Antonio L. Giordano and his associates, claiming they enriched themselves by diverting millions of dollars from nursing homes as the homes slipped into debt, in violation of an agreement with the U.S. Department of Housing and Urban Development. Comment?
Sep 8, 2009 | via The Pawtucket Times
Both National Grid and the Public Utilities Commission took it on the chin Tuesday from residents and ratepayers objecting to an 11.2 percent hike in rates sought by the electricity company in the first of six public hearings that will be held across the state in the next week and a half. Comment?
Aug 5, 2009 | via Lansing State Journal
DETROIT - GMAC Inc. lost money during the second quarter as it shifted from being primarily an auto and mortgage loan company to an online retail bank. Comment?
Aug 4, 2009 | via The Ledger
Published: Tuesday, August 4, 2009 at 5:22 p.m. Last Modified: Tuesday, August 4, 2009 at 5:22 p.m. D.R. Horton Loses $142 Million Homebuilder D.R. Horton Inc. Comment?
Stimulus money to help keep a roof overhead for 13,0...
18 hrs ago | via Providence Journal
Advocates for the homeless are drawing on $6.9 million in federal stimulus money to help struggling Rhode Islanders. Comment?
R.I. house sales up, prices rise for 1st time in thr...
Tuesday Dec 22 | via The Providence Journal
November saw a dramatic increase in the number of houses sold in Rhode Island - up 61.1 percent compared with November 2008, according to statistics compiled by the Rhode Island Association of Realtors. Comment?
Rents rising, vacancy rates falling in R.I.
Tuesday Dec 22 | via Providence Journal
Apartment rents in Rhode Island have risen in the last year and vacancy rates have fallen, according to federal tabulations. Comment?
RI gov wants $4M cut to hospitals amid recession
Monday Dec 21 | via Atlanta Journal-Constitution
Gov. Don Carcieri has proposed cutting millions of dollars meant to reimburse hospitals for providing health care to the poor during a recession that has cost thousands of Rhode Island residents their jobs and employer-provided health insurance. 1 comment
Rhode Island Home Foreclosures
Monday Dec 7 | via Examiner.com
Originally posted at RI Future.org . With the news that Rhode Island's foreclosure filing rate fell 27 percent in November 2009 compared with November 2008, I felt it important to expand upon the discussion and clarify some things that make the housing market incredibly problematic. Comment?
String of Investment Bubbles Marked 2000-09
5 min ago | via ABC News
FILE - In this May 22, 2006 file photo, Specialist Garet Boehning works at his post on the floor of... FILE - In this May 22, 2006 file photo, Specialist Garet Boehning works at his post on the floor of the New York Stock Exchange. Comment?
National 30-Year Fixed Mortgage Rate Surges to Near ...
6 min ago | via RISMedia
RISMEDIA, December 30, 2009a 'The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased sixteen basis points last week to 4.93%, up from 4.77% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate website Zillow.com. Rates for 15-year fixed mortgages ... Comment?
Economist John Tuccillo Featured at Real Estate and ...
6 min ago | via RISMedia
RISMEDIA, December 30, 2009 - RE/MAX of New York, Inc., one of the leading providers of comprehensive real estate services in New York, along with Bank of America, will present a free educational forum focusing on regional and national real estate and economic trends on January 20th at the Melville Marriott from 9:00am to Noon. Comment?
The New Power Team a " Merging Companies Is Pos...
6 min ago | via RISMedia
Tuesday, December 29, 2009 RISMEDIA, December 30, 2009a 'The tough real estate market that we have experienced during the past year has caused real estate professionals across the country to look for ways to become the new powerhouse in their market. Comment?
6 min ago | via The Villager
With Christmas fast approaching, Success Doncaster is urging residents of Doncaster to consider their spending habits at a time when it is all too easy to get carried away. Comment?