China’s economy reaps a golden age of weddings (Reuters)
Reuters - Meng Ni and Fan Zhiqing said “I do” to each other in the same month that they said “we do” to their real estate agent.
Filed under: Moving Service |
Treasury to meet with mortgage servicers Monday (Reuters)
Reuters - The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans, a source familiar with the Treasury’s thinking said.
Filed under: Moving Service |
Administration plans new efforts on foreclosures (AP)
AP - The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to do more to help people remain in their homes, officials said Saturday.
Filed under: Moving Service |
Treasury wants more lender leeway on loans (Reuters)
Reuters - The Treasury Department wants lenders and companies that process monthly mortgage payments to do more to rework troubled home mortgage loans and will announce new measures on Monday aimed at achieving that goal, a department spokeswoman said on Saturday.
Filed under: Moving Service |
Beal Bank Makes Play For Trump Casinos
Beal Bank made a bid for Trump Entertainment Resorts Atlantic City casinos about a week after Donald Trump abandoned his campaign to get back the properties.
Filed under: Moving Service |
Owner of closed mortgage company returns to NH (AP)
AP - A lawyer for the owner of a closed mortgage company being investigated by the state says his client is back in New Hampshire.
Filed under: Moving Service |
Ariz. lawmakers hit reset button on loan lawsuits (AP)
AP - Arizona legislators responded quickly last June when bankers complained that investor-builders were abusing a post-foreclosure protection intended for homeowners.
Filed under: Moving Service |
Fannie Mae to tighten lending standards: report (Reuters)
Reuters - Fannie Mae plans to raise minimum credit score requirements next month and limit the amount of overall debt that borrowers can carry relative to their incomes, The Washington Post reported on Thursday.
Filed under: Moving Service |
US new home sales rebound in October (AFP)
AFP - US new home sales rebounded more than expected in October to their strongest pace in more than a year, government data showed Wednesday, suggesting stabilization in the ailing sector.
Filed under: Moving Service |
Calpers Weighs Booting BlackRock
Calpers is leaning toward dumping BlackRock as a real-estate adviser after the firm steered the California pension fund into a disastrous apartment-complex investment.
Filed under: Moving Service |