Davenport Real Estate News
Real Estate news for Davenport, NY continually updated from thousands of sources.
Mar 30, 2016 | via National Mortgage News
Otsego County officials are looking at new ways to help financially distressed property owners keep the tax foreclosure wolf away from their doors. The county's annual tax auction in 2014 left county government mired in three lawsuits filed by property owners who objected to the fact their houses were sold under the gavel to the highest bidder, causing them to lose all equity and leave the county with the profit. Comment?
Jan 11, 2016 | via Albany Times Union
Dave Lamouret stands on farmland in Cherry Valley, Otsego County, that he is losing to foreclosure. The land has been in Lamouret's family for generations, but he fell behind on bills after being injured while serving in Afghanistan. Comment?
10 hrs ago | via Fox News
New York state enacted one of the nation's toughest restrictions on Airbnb on Friday with a new law authorizing fines of up to $7,500 for many short-term rentals. The measure signed into law by Democratic Gov. Andrew Cuomo applies to rentals of fewer than 30 days when the owner or tenant is not present. Comment?
Saturday Oct 22 | via The Echo
NY governor Andrew Cuomo today signed into law some of the toughest restrictions on short-term apartment rentals in the country, a decision with dire implications for Airbnb. The bill is a follow-on to a 2010 law that bans rentals of less than 30 days in a multi-unit building if the tenant is not present, which was aimed at cracking down on illegal hotels. Comment?
Saturday Oct 22 | via Benzinga
Want to worry less about finances and have an atypical experience during your retirement? Check out these five locales that could really let you relax. With a median home sale price under $200,000, Albuquerque offers various unique options for seniors. Comment?
Friday Oct 21 | via The San Diego Union-Tribune
Right now it is cheaper in the long run to buy a home than rent in San Diego County, but the cost benefits aren't as high compared to much of the nation. It is about 32 percent cheaper to buy than rent in San Diego, said Trulia's Rent vs. Buy study released Thursday. Comment?
Friday Oct 21 | via Albany Times Union
Gov. Andrew Cuomo signed into law Friday a bill that penalizes users of services like Airbnb for advertising short-term apartment rentals in New York City, which already are illegal under state law. "This is an issue that was given careful, deliberate consideration, but ultimately these activities are already expressly prohibited by law," Cuomo spokesman Rich Azzopardi said in a statement. Comment?
19 min ago | via The Daily Caller
The Democratic Senatorial Campaign Committee was forced to pull an ad attacking GOP Pennsylvania Sen. Pat Toomey Monday for containing blatantly false information after a The ad alleged Toomey owned a bank that was guilty of predatory lending practices. The claim turned out to be inherently false, with Toomey just holding stock in the establishment. Comment?
23 min ago | via AmericanBankingNews.com
They now have a $48.00 price target on the stock, up previously from $47.00. 10/21/2016 - U.S. Bancorp was upgraded by analysts at Zacks Investment Research from a "sell" rating to a "hold" rating. Comment?
41 min ago | via The Washington Post
Genworth Financial Inc., the mortgage guarantor and biggest U.S. seller of long-term care coverage, plans to return to private ownership under a deal announced Sunday to sell itself to China Oceanwide Holdings Group Co. for $2.7 billion. Comment?
44 min ago | via Portland Tribune
When Suzanne Bonamici was going to college and law school in the 1970s, she relied partly on loans to pay her way. 'I felt I had a manageable amount of debt that did not take me too long to pay back. Comment?
44 min ago | via Freshnews
Black Knight Financial Services, Inc. , a leading provider of integrated technology, data and analytics to the mortgage and real estate industries, announced today that its LoanSphere Empower loan origination system and LoanSphere Exchange collaborative platform are powering Fannie Mae's Day 1 Certainty with direct integration to Fannie Mae's DU validation service. This integration will enable lenders to be released from Fannie Mae's required representations and warranties when utilizing the DU validation service via Desktop Underwriter, an automated underwriting system that assesses loan credit risk and determines if a loan meets Fannie Mae's eligibility requirements. Comment?
Copyright © 2016 Topix LLC