Posts Tagged ‘Real’

Real Estate Wonk: Underwater Maryland homeowners

Real Estate Wonk: Underwater Maryland homeowners
Pick four mortgaged homeowners at random in Maryland, and chances are that one of them owes more on his or her loan than the home is worth. Twenty-three percent — very close to one in four — are in that “underwater” state, according to a new report from First American CoreLogic.

Read more on Baltimore Sun

Midland Police Make Arrest in Connection with Real Estate Scam

Midland Police Make Arrest in Connection with Real Estate Scam
Midland Police have made an arrest in connection with a real estate scam and they’re close to making a second one. Detectives with the White Collar Division say they’re relieved to see this complicated case coming to an end.

Read more on News West 9 Midland

“Lot less misbehaving” in Utah real estate market

“Lot less misbehaving” in Utah real estate market
In likely its only positive side effect, the current downturn in the economy has caused a downturn in fraudulent activity, say state regulators who watchdog Utah’s financial institutions. read more

Read more on Standard-Examiner

Lower real estate fees could offset mortgage rule changes

Lower real estate fees could offset mortgage rule changes
Plus, markets await details of EU summit deal on Greek debt crisis. Manulife rebounds to profit. And, vampires and blue creatures drive Cineplex Galaxy

Read more on The Globe and Mail

Real Estate Weekly: Remodeling on the rise in hard-hit markets

Real Estate Weekly: Remodeling on the rise in hard-hit markets
Evidence of an uptick in remodeling activity late last year is giving some in the housing industry hope for a busier 2010.

Read more on Market Watch

China, worried about a real estate bubble, moves to restrain bank lending

China, worried about a real estate bubble, moves to restrain bank lending
The action, which shook global financial markets, could help cool a market in which housing is unaffordable to ordinary citizens. Banks will have to set aside more reserves with the central bank. Amid growing fears of a real estate bubble, Chinese officials moved Friday to restrain bank lending and put a lid on incipient inflation, a surprise action that shook financial markets around the world …

Read more on Los Angeles Times

Director of real estate center sees opportunities

Director of real estate center sees opportunities
Michael Lea came to San Diego State University’s newly established Corky McMillin Center for Real Estate with a résumé full of casualties he witnessed firsthand: Imperial Savings, a San Diego thrift that went belly-up in the ’80s; Freddie Mac, the secondary lender where he served as chief economist long before it went into receivership; and Countrywide Financial, taken over by Bank of America …

Read more on San Diego Union-Tribune

Real Estate Scam Busts in Brooklyn

Real Estate Scam Busts in Brooklyn
Kings County District Attorney Charles Hynes announced the arrests of 12 people in a series of unrelated mortgage and real estate scams in Brooklyn. One of the men charged, Todd Graham, was first exposed in an Arnold Diaz Shame investigation in May.

Read more on FOX 5 New York

The London Real Estate Bubble Is Backand It’s Scary

The London Real Estate Bubble Is Backand It’s Scary
Looking at the real estate listings here is like stepping back in time to the unreal, giddy world of three years agoand that has ominous implications for the rest of us.

Read more on WallStreet Journal via Yahoo! Finance

Beck: Homeowners struggle while real estate tycoons walk

Beck: Homeowners struggle while real estate tycoons walk
Tishman Speyer Properties walks away from 11,232 Manhattan apartments because it can’t pay its mortgage. That’s good business. Rick Gilson, a college custodial supervisor in South Dakota, wants to walk away from the mortgage on his mobile home. If he does, he’ll be a deadbeat.

Read more on Finance and Commerce