Penn Real Estate

Featured Article

• Wachovia Changes The Lending Game

  Wednesday Jul 2 | via Realty Trac 

  With assets of more than $800 billion, Wachovia is the nation's fourth-largest banking institution .

  Comment?

  Related Topix: Mortgage, Personal Finance, Home, Mortgage, Foreclosures

Local Headlines

• Briefing

  Saturday Jul 19 | via The Morning Call 

  A former Berks County mortgage broker sentenced to 12 years in federal prison for a scheme that cost customers millions will appeal his sentence.

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  Related Topix: Berks County, PA, Home, Mortgage, Mortgage, Personal Finance, Federal Prisons, Oley, PA, Westmoreland County, PA

• Westmoreland Co. mortgage broker accused of fraud

  Friday Jul 18 | via York Dispatch 

  Federal prosecutors say a Westmoreland County man diverted nearly $1 million in mortgage loans for personal use.

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  Related Topix: Westmoreland County, PA, Home, Mortgage, Mortgage, Personal Finance

• Totteridge developer's homes set for auction

  Wednesday Jul 16 | via PittsburghLIVE.com 

  Ten partially built homes behind the first green at the Totteridge Golf Club could be auctioned off Sept.

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  Related Topix: Foreclosures, Howard, PA, Allegheny County, PA, Westmoreland County, PA, Greensburg, PA

• Keller Williams Realty to buy Ligonier business

  Wednesday Jul 9 | via Pittsburgh Tribune 

  A group of real estate industry professionals that includes the owner of the Keller Williams Realty North brokerage in Pine is in negotiations to buy Glenn Cook Real Estate, a well-known company based in ...

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  Related Topix: Real Estate, Westmoreland County, PA, Ligonier, PA

• Murin becomes president of mortgage association

  Tuesday Jul 8 | via PittsburghLIVE.com 

  Joseph J. Murin of Collier has become the 16th president of the Government National Mortgage Association, one of the nation's major secondary mortgage agencies, and known as Ginnie Mae.

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  Related Topix: Mortgage, Personal Finance, George Bush

Regional Headlines

• Regional economy shows improvement

  15 hrs ago | via Pittsburgh Post-Gazette 

  Despite weaknesses in parts of the housing and retail sectors, the economy in the Federal Reserve's Fourth District, which includes Western Pennsylvania, Ohio and parts of Kentucky and West Virginia, improved ...

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  Related Topix: Pennsylvania, Mortgage, Home

• Economic Watchdog, July 21

  Monday Jul 21 | via Optionetics 

  The economy might take a backseat to earnings news this week, but there still are several reports that could impact trading.

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  Related Topix: Home, Mortgage, Pennsylvania, Financial Markets, Home Selling, Housing

• Dundee Homeowners Choose To Auction House

  Sunday Jul 20 | via KETV 

  Some Omaha homeowners are waiting months to sell their homes, but a family in Dundee intends to sell their in an instant.

  Comment?

  Related Topix: Real Estate, Pennsylvania, Home Listing, Home

• State Capitol Roundup for July 18

  Friday Jul 18 | via Tony Phyrillas 

  I thought the Legislature was on its 2-month summer vacation, but it appears some lawmakers are still in Harrisburg.

  Comment?

  Related Topix: Pennsylvania, Pennsylvania Government, Home, Mortgage

• Wachovia's Brokerage Inspected by State Regulators in Auction-Rate Probe

  Thursday Jul 17 | via Bloomberg 

  Wachovia Corp. 's securities division was inspected by a team of regulators from more than five states who delivered subpoenas today as part of a probe into the company's sales of auction-rate bonds.

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  Related Topix: Marketing, Advertising, Boston University, Pennsylvania

National Headlines

• Existing home sales fall 2.6% in June

  3 min ago | via Butler Eagle 

  Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in more than two decades.

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  Related Topix: Housing, Real Estate, Home Selling, Home

• Report: Foreclosure sales up in Maricopa County

  3 min ago | via KTAR / Local / Stories 

  A new report shows that more than 40 percent of Maricopa County home sales in June were foreclosures.

  Comment?

  Related Topix: Foreclosures, Housing

• Fauquier Foreclosure Sales

  3 min ago | via Times Community Newspapers - Fauquier County 

  I let you all know, not long ago that the Fauquier numbers for June looked pretty good.

  Comment?

  Related Topix: Foreclosures

• ASB follows Bollard's lead, cuts fixed rate - Cullen approves

  4 min ago | via NZ Herald 

  ASB has moved quickly to cut its two year fixed home lending rate, after Reserve Bank Governor Alan Bollard cut the Official Cash Rate to 8 per cent from 8.25 per cent.

  Comment?

  Related Topix: Mortgage, Home

• Stocks tumble after sales of existing homes fall

  4 min ago | via NY Daily News 

  Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's ...

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  Related Topix: Real Estate, Home, Housing, Home Selling, Financial Markets, Mortgage, Mortgage, Personal Finance