Clark Real Estate News
Real Estate news for Clark, NJ continually updated from thousands of sources.
Jul 2, 2015 | via The Jersey Journal
WESTFIELD - In November 1990, the six-bedroom home on a wide, tree-lined street sold for $370,000. In 2014, 24 years later, the same house sold for $1.3 million. Comment?
Jun 18, 2015 | via Clarks Hometown News Patriot
A longshoreman working at the Port Newark-Elizabeth Marine Terminal has been charged with bilking half a dozen co-workers out of nearly $87,000 via a fraudulent mortgage loan modification program with a single count of second-degree theft by deception. His first appearance in Superior Court has been scheduled for next The case was referred to the Prosecutor's Office's Special Prosecutions Unit by the Waterfront Commission earlier this year. Comment?
Jun 18, 2015 | via The Jersey Journal
Pedro Lopez, a longshoreman from Elizabeth, is accused of taking nearly $87,000 from six co-workers in a scam in which he falsely promised to get them in a mortgage modification program, authorities say. ELIZABETH - A city longshoreman allegedly scammed six of his co-workers out of near $87,000 through a fraudulent mortgage loan modification program, authorities said. Comment?
Jun 10, 2015 | via Patch.com
Berkeley Heights Year-To-Date Real Estate Stats thru June 10, 2015; including Actives on market, Under Contract/Pending Sales & Solds Mark Slade Keller Williams 917.797.5059 Good Homes Union County Homes Selling a Berkeley Heights, Summit, New Providence, Westfield area home involves many steps and having an experienced Berkeley Heights/New Providence New Jersey Real Estate Agent and RealtorA , specializing in the Bedroom Communities of New York City in Union County- Berkeley Heights, Summit, New Providence, Westfield , Scotch Plains, Fanwood, Springfield, Cranford and Westfield --by your side will make the transaction run a lot smoother. Comment?
Feb 20, 2015 | via The Jersey Journal
Airmount Woods in Ramsey, a publicly-financed home for eight people with autism, would be considered twice the allowable size if the Christie administration's proposed plan for housing people with developmental disabilities is approved. A hearing on the controversial proposal was held in New Brunswick Thursday, drawing mainly opponents. Comment?
Friday Aug 28 | via WTVM
A family of bears was seen in a backyard frolicking in a pool earlier this week, and yesterday they were found digging through the neighborhood trash cans for a snack. "It used to be a big surprise if you saw one," resident David Horowitz said. Comment?
Thursday Aug 20 | via Information Technology
Fitch Ratings has affirmed the 'BBB-' rating on the following New Jersey Economic Development Authority revenue bonds issued on behalf of United Methodist Homes of New Jersey : The bonds are supported by a pledge of gross receipts of the obligated group , a debt service reserve fund, and a mortgage lien on obligated group property. STEADY OPERATING PERFORMANCE: The 'BBB-' rating affirmation reflects UMH's very consistent and solid operating performance, coupled with minimal reliance on entrance fees or investment gains. Comment?
Jul 31, 2015 | via Nurse.com
The aftermath of Superstorm Sandy continues to affect thousands of New Jersey residents and may increase the odds of residents experiencing mental health distress, post-traumatic stress disorder and depression, according to a new study. Findings from the Sandy Child and Family Health Study, a representative population study of 1 million New Jersey residents, showed the primary homes of more than 100,000 residents were structurally damaged by the storm. Comment?
Friday Aug 7 | via Bloomberg
The average mortgage-origination fee fell 22 percent in the 12 months through June to $1,041 as nontraditional lenders gave borrowers more options, pushing banks to make concessions to stay competitive, according to an annual survey by Bankrate Inc. Charges are declining even as banks struggle with costly regulations spurred by the 2008 financial crisis, said Greg McBride, Bankrate's chief financial analyst. "The new players entering the market are forcing established lenders to cut fees even though compliance costs for everyone are going higher," McBride said in an interview. Comment?
Jul 30, 2015 | via Insurance Journal West
A new study says the lingering effects of Superstorm Sandy - in the form of unfinished repairs, disputed claims, and recurrent mold - are associated with increased odds of Sandy-impacted residents experiencing mental health distress, post-traumatic stress disorder , and depression. According to the "Sandy Child and Family Health Study" released on July 29, among more than 100,000 New Jersey residents who experienced significant structural damage to their primary homes from Sandy, 27 percent are experiencing moderate or severe mental health distress and 14 percent report the signs and symptoms of PTSD even two and a half years after the storm. Comment?
5 min ago | via Asbury Park Press
Homeowners in New Jersey's primary Sandy rebuilding program are no longer required to have a mortgage in order to qualify for rental assistance New Jersey expands key Sandy program Homeowners in New Jersey's primary Sandy rebuilding program are no longer required to have a mortgage in order to qualify for rental assistance Check out this story on ... (more) Comment?
5 min ago | via Business Wire
TRC has offered to purchase up to 3 mill... )--Fitch Ratings has affirmed Torchmark Corporation's Issuer Default Rating at 'A-'and the Insurer Financial Strength rating for TMK's insurance subsidiarie... )--Fitch Ratings expects to rate Agate Bay Mortgage Trust 2015-6 as follows: --$202,993,000 class A-6 certificates 'AAAsf'; Outlook Stable; --$67,664,000 class A-8 certifica... )--Fitch Ratings has affirmed 16 and upgraded three classes of GS Mortgage Securities Corporation II commercial mortgage pass-through certificates series 2006-GG6 --WPX Energy has completed the divestiture of its remaining mature coalbed methane properties in Wyoming's Powder River Basin. Comment?
6 min ago | via Business Wire
The $2,483,850 class B-5 certificates and $310,388,850 class A-IO-S notional certificates will not be rated. High-Quality Mortgage Pool: The collateral pool consists of very high-quality 30-year, fixed-rate, fully amortizing loans to borrowers with strong credit profiles, low leverage and liquid reserves. Comment?
6 min ago | via Business Wire
A detailed list of rating actions follows at the end of this press release. The upgrades reflect increased credit enhancement due to actual and expected continued paydown of the senior classes due to scheduled amortization and the pool's upcoming maturity schedule . Comment?
7 min ago | via Business Wire
The cash dividend is payable on October 1, 2015 to stockholders of record as of the close of business on September 10, 2015. Ladder is an internally-managed real estate investment trust that is a leader in commercial real estate finance. Comment?
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