Late mortgage payments rise again

For the second straight month, more Southwest Florida homeowners struggled to pay their mortgages on time. The jump in the mortgage delinquency rate was not an omen of new weakness in the housing market but the temporary effects of Hurricane Irma, analysts say. In the Sarasota-Manatee region,
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KeyBank Real Estate Capital has arranged a $40.7 million Fannie Mae, first mortgage loan for a 320-unit luxury community located in Savannah, Ga. Passco Cos. used the financing to acquire Mariner Grove from Brand Properties, in a multifamily transaction brokered by Cushman & Wakefield.
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From the perspective of a real estate investor, I continue to grow ever more concerned about the long-term viability of the Washington-area housing market. How much higher can housing prices go? Smart Assets recently did a study on the 100 largest housing markets in the United States. It compared
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It is part of GO Management, the #6 residential brokerage by transaction sides across all brands in the country, according to the Real Trends 500 published by the Wall Street Journal, and #1 Residential Real Estate Company by transactions in North Texas (DFW) in 2016 & 2017 according to the Dallas
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Analysts expect housing starts to cool in 2018, as interest rates head higher and tougher mortgage-financing rules begin to weigh on house-buying decisions. CMHC said that in December, urban starts fell 15.1% to 198,132 units. Multiple urban starts, incorporating condos and townhouses, decreased
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Circuit City was once the top electronics retailer in the country, but its failure to foresee just how quickly e-commerce rivals like Amazon would swallow its share of that market paved the road to bankruptcy for Circuit City a decade ago. Now, the onetime Fortune 500 fixture, which filed for Chapter 11
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When the loan company contacted government-sponsored Fannie Mae (Federal National Mortgage Association) to ask if cryptocurrency can be used as an asset for securing a mortgage, the agency had two terms. Kuo had to produce a full paper trail documenting how he acquired the cryptocurrency
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Solutions Engineer Job with Fortune 50 Company! in San Ramon, California – Solutions Engineer Job in San Ramone, CA One of the sixth highest rated Banks in the world is seeking a Solutions Engineer to join their team! Wi.
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A good market study will evaluate real estate trends that affect the analysis of rental revenue within the local geography. For example, many commercial leases in Los Angeles are quoted on a monthly basis rather than an annual basis. Additionally, in Los Angeles bachelor units– which offer kitchenettes
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TULSA, OK , Jan. 09, 2018 (GLOBE NEWSWIRE) — Smart applications of data-powered technology are revolutionizing the customer self-service experience delivered by financial institutions. Enacomm, Inc., a leading provider of intelligent interactions and customer authentication technologies for banks,
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“We will also be able to speed the approval process and provide employment, income and asset data instantly for many of our customers,” Smith told HousingWire. “Also, we will be able to provide real time updates, disclosures, and documents throughout the process in whichever way the client prefers,
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Patrick Jenkins and guests discuss the pros and cons of US tax cuts for domestic and international banks, a crackdown by Chinese regulators on so-called entrusted lending and US Banking Editor Ben McLannahan interviews US Consumer Bankers Association boss Richard Hunt. With special guest
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“The reconstruction of the housing stock and infrastructure impacted by the storms should provide a small stimulus to local economies,” Martell said. “This rebuilding will occur against a backdrop of wage growth, consumer confidence and spending in the national economy which should continue to
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Overseas Private Investment Corporation (OPIC), a US Government development finance institution, as part of playing a key role in the development of … Since 2006, OPIC has previously provided $60 million in financing to GHL Bank to support mortgage lending to low- and middle-income borrowers.
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Keith Noreika, the former corporate lawyer thrust into the role of acting comptroller of the currency last year, has returned to his corporate law firm, where he'll consult large domestic and international banks on precisely the issues handled by the agency he recently led. Simpson Thacher & Bartlett, where
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Mortgage Solutions for Less Than Perfect Credit Have you been turned down for financing? Is your credit score less than perfect? Has a life-changing event caused your credit to dip? If you said yes…
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Learn more about applying for Personal Banking Representative, Wareham, MA at Santander Bank.
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shutterstock_549835912-300×200-1-1 The U.S. housing market is getting hotter in 2018 with 52.6 percent of all homes across the country worth as much or more than they were at the peak of the national housing boom in April 2007, according to a survey on the 10 hottest housing markets of the US
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North Caroline's two largest cities — Charlotte and Raleigh — are home to the “hottest” housing markets for 2018, according to a new prediction from residential real estate site Zillow. Both housing markets ranked among the top five on Zillow's list of the nation's hottest during the current year. Raleigh
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Fueled by large state-subsidized loans, large Chinese firms were sent on international buying binges, scooping up the Waldorf Astoria in New York City and a series of famous brands such as GE and Volvo, prompting fears among some Western legislators that the acquisitions might give the Chinese
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