Staten-Island Real Estate

Featured Article

• Foreclosure Activity Increases 7 Percent in May

  Jun 13, 2008 | via Realty Trac 

  ' June 13, 2008 - ' RealtyTrac , the leading online marketplace for foreclosure properties, today released its May 2008 U.S. Foreclosure Market Report , which shows foreclosure filings - ' default notices, ...

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  Related Topix: Foreclosures

Local Headlines

• S.I. foreclosures nearly double in 2Q

  15 hrs ago | via Crain's New York Business 

  The borough led the city in foreclosures during the second quarter; foreclosures in Brooklyn and Queens increased 25%, while Manhattan saw a 4.4% increase.

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  Related Topix: Brooklyn, NY, New York, NY, Queens, NY, Staten-Island, NY, Foreclosures, Richmond County, NY

• There May Be a Day When Port Authority Is Nice to Look At

  15 hrs ago | via New York Magazine 

  REAL ESTATE Three architecture firms submitted designs for the on-again, off-again office-tower project being envisioned for above the Port Authority Bus Terminal.

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  Related Topix: Foreclosures, Staten-Island, NY, New York, NY, Financial Markets

• Man gets 10 years for fraudulent mortgage loans

  Monday Jul 21 | via Philly.com 

  A former Staten Island, N.Y., dentist who maintained an office and surgical center in Berlin Township was sentenced to 10 years in federal prison yesterday for fraudulently obtaining about $2.8 million in ...

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  Related Topix: Staten-Island, NY, New York, NY, Federal Prisons, Home, Mortgage

• Dentist with Berlin office sentenced to 12 years for fraud, money laundering and tax evasion

  Monday Jul 21 | via Bridgeton-Millville News 

  A former Staten Island, N.Y., dentist, who maintained an office in Berlin Township, was sentenced to 12 years in federal prison today for operating a scheme in which he fraudulently obtained approximately $2.76 ...

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  Related Topix: Federal Prisons, Berlin, NJ, Home, Mortgage

• Big bank failure fans Island depositors' fears

  Sunday Jul 20 | via Staten Island Advance 

  The collapse of a major national bank and growing talk of government bailouts of other financial institutions on the brink have Staten Islanders wondering if their own accounts and investments are safe.

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  Related Topix: Staten-Island, NY, New York, NY, Subprime Mortgage Crisis, Home, Mortgage, Mortgage

Regional Headlines

• Fitch Rates $100MM San Diego County (CA) Ser 2008B 'AA/F1+'

  10 hrs ago | via PR-inside.com 

  The long-term 'AA' rating reflects the county's very low debt burden, sound financial operations, and very strong and effective financial and debt policies, as well as concern over the economic and financial ...

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  Related Topix: Housing, Real Estate, Financial Markets, New York

• NYC jury convicts former Haitian paramilitary leader in scheme to cheat mortgage lenders

  12 hrs ago | via Newsday.com 

  A Brooklyn jury found Emmanuel "Toto" Constant guilty on Friday of fraud and grand larceny.

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  Related Topix: Mortgage, Home, New York

• Irwin shares soar after loan sale

  16 hrs ago | via IBJ.COM 

  Columbus-based Irwin Financial Corp. shares rose 25 percent this morning, in the first trading session since the company announced late yesterday that it was scaling back its exposure to the battered mortgage ...

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  Related Topix: New York, Irwin Financial, Banking, Financial Services, Home, Mortgage, Mortgage, Personal Finance

• N.Y. jury convicts ex-Haitian strongman of fraud

  16 hrs ago | via Buffalo News 

  A once-feared Haitian paramilitary leader has been convicted in a New York mortgage fraud scheme to cheat lenders out of $1.7 million.

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  Related Topix: Mortgage, Home, New York

• National City posts $1.76 billion loss for quarter

  Yesterday | via Lansing State Journal 

  NEW YORK - Regional bank National City Corp. on Thursday reported a $1.76 billion loss for the second quarter, as mortgage loans soured and it took a big charge related to previous acquisitions.

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  Related Topix: New York, Home, Mortgage, National City Corporation, Banking, Financial Services

National Headlines

• Senate Close to Passing Housing Aid

  15 min ago | via ABC News 

  Newly built homes are offered for sale at the Brookville & Heirloom development by Lennar, in... Newly built homes are offered for sale at the Brookville & Heirloom development by Lennar, in Valencia, Calif.

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  Related Topix: George Bush, US News, Foreclosures, Home Listing, Home, Mortgage, Personal Finance

• National City posts big loss; other banks report increases

  15 min ago | via KPC Media Group, Inc. 

  Cleveland-based National City Corp. Thursday reported a net loss of $1.8 billion for the second quarter ended June 30 compared to a net loss $347 million in the prior-year period.

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  Related Topix: National City Corporation, Banking, Financial Services, Home, Mortgage

• U.S. Senate seen backing housing bill, Bush to sign

  16 min ago | via WNED.org 

  The U.S. Senate was expected to approve a massive housing market rescue bill on Saturday and President George W. Bush was ready to sign it soon, amid questions about how much it will help.

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  Related Topix: Housing, George Bush, US Politics, US News, Foreclosures, Home, Mortgage

• New home sales fall but stronger than expected

  1 hr ago | via WNED.org 

  Sales of newly constructed U.S. single-family homes were stronger than expected in June, and inventories shrank to three-and-a-half-year low, a government report showed on Friday, providing a glimmer of hope ...

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  Related Topix: Housing

• Investors move into banks on pledge to not issue flood of new shares, not signs crisis over

  1 hr ago | via Newsday.com 

  But, amid the many gyrations in the sector's stocks over the past week or so was a 27 percent pop in Wachovia Corp.

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  Related Topix: Banking, Financial Services, Citigroup, Home, Mortgage, Mortgage, Personal Finance, Wachovia Corporation, Merrill Lynch and Co, Investment Services