“The register of deeds for Guilford County, N.C., lost a very public court battle against mortgage document processing firm Lender Processing Services and the Mortgage Electronic Registration Systems.”
|
||||
Welcome to The Outspoken Investor!News Updates“Fewer Americans than forecast signed contracts in April to buy previously owned homes, indicating limited inventory is holding back further progress in the housing market.”
“Morgan Stanley MS +2.80%is trying to revive its flagship real-estate program after suffering huge losses during the financial crisis.”
“The real estate data that has been rolling in this week and last suggests that our housing market’s recovery has been a lot like spring this year: Slow to get here, but surely coming.”
“A housing-fueled economic recovery and an improving employment picture are boosting retail prospects in the Sacramento area, according market researcher Marcus & Millichap.”
“Worries the Federal Reserve may begin to slow its stimulus efforts sent mortgage rates last week to their highest level in a year, drying up demand for home refinancings, data from an industry group showed on Wednesday.”
“Declaring herself “broken” and “disgraced,” former Michigan Supreme Court Justice Diane Hathaway tearfully took responsibility for fraud Tuesday before a judge sentenced her to a year and a day in prison for concealing assets while she was pleading with a bank for a sale on her underwater home.” “Eleven people have pleaded guilty to federal fraud charges in a Northern Virginia real estate scheme that bilked millions of dollars from the banking industry.”
“Real estate market’s hot, but remodeling lagging behind. Rising home prices continue to spur Bay State job growth and consumer confidence, but some local remodelers say despite the positive market trends, they’ll believe it’s a real rebound when they see it.”
“Millions of Americans saw their mortgages slip underwater during the housing crisis, and even now, with prices improving considerably, a great number of them are still dealing with this problem, or a similar one.”
Get on The Real Estate Love Train with Uncle Tony! |
||||
|
Copyright © 2013 The Outspoken Investor - All Rights Reserved | Terms and Conditions |
||||
Follow Us!