Archive for November, 2011
New York Said to Investigate Home Foreclosures on Active Military Members – Bloomberg
The New York Attorney General’s Office is investigating possibly unlawful home foreclosures by banks on active-duty military members, according to a person familiar with the matter. The inquiry by New York Attorney General Eric Schneiderman is …
Jaguars owner announces team sale
Jacksonville Jaguars team owner Wayne Weaver announced Tuesday he has sold the NFL franchise. Weaver held a news conference at noon. The team was purchased by Shahid Khan, a Pakistan immigrant Weaver said it was important to him to find someone with the same passion for Jacksonville and the NFL that he has, which he [...]
Home market being held back by wary first-timers
This should be a great time to buy a first home. Prices have sunk to 2002 levels. Sellers are waiting anxiously as homes languish on the market. Mortgage rates are their lowest ever.
NY probes foreclosures on military: source
NEW YORK (Reuters) – New York’s attorney general is investigating potentially illegal home foreclosures on active-duty members of the U.S. military, according to a person familiar with the probe. The investigation was sparked by data released earlier this month by the federal Office of the Controller of the Currency, which found thousands of cases of [...]
Louisiana homeowners insurance rates remain high – WWL-TV
NEW ORLEANS — More than four years after John Lawrence moved back into his Lakeview home, his neighborhood is back to a semblance of pre-Hurricane Katrina normalcy. The exception: his homeowners insurance. “Since Katrina, it has gone up,” he …
‘Semi Trucks for Sale’ Portal Launched by Clopton Capital – YAHOO!
They primarily focus on commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and owner operator financing … and will now being marketing semi trucks for sale through their website SemiTruckSource.com.
Sales of new homes edge up in October
U.S. says new-home sales rose to an annual rate of 307,000 in October, seasonally adjusted, up from 303,000 the previous month. The median sale price, hurt by weak demand, fell to $212,300. Sales of new single-family homes were barely changed in October and there was little evidence of any improvement in the slumping U.S. housing [...]
Committee to take up act extending foreclosures moratorium WITH VIDEO
The Michigan House Banking Committee will take up and is expected to act on a package of measures extending the 90-day moratorium on home foreclosures Wednesday, Nov. 30.
Know What Your Homeowners Insurance Covers. Be Prepared! – PRLog (free press release)
We will describe parts of the most common homeowner policies, HO-3, HO-4, and HO-6, because there are a number of policies out there. This is a review of parts of the policy not an expend explanation. For detailed explanation of the policy you can contact …
