Decatur Real Estate News
Real Estate news for Decatur, IL continually updated from thousands of sources.
Oct 26, 2015 | via Y 103
A report by the Illinois Association of Realtors shows some positive housing market momentum into September, with home sales and median prices experiencing healthy gains. In Macon County, numbers show that home sales were up 4.2 percent at 125 closed sales in September compared to 120 in September of 2014. Comment?
Aug 13, 2015 | via Bangor Daily News
Goldman Sachs Group Inc. will pay $272 million to settle a lawsuit that claimed the Wall Street bank defrauded investors about the safety of about $6 billion of residential mortgage-backed securities they bought in 2007 and 2008. The settlement with investors led by the NECA-IBEW Health & Welfare Fund, an electrical workers' pension fund in Decatur, Illinois, was disclosed in filings with the U.S. District Court in Manhattan on Thursday. Comment?
Aug 13, 2015 | via Housing Wire
Goldman Sachs will pay $272 million to settle a lawsuit over losses suffered due to alleged misrepresentations of the quality of mortgage loans that backed crisis-era mortgage-backed securities. According to a Reuters report , the settlement is with investors led by NECA-IBEW Health & Welfare Fund , an electrical workers' pension fund in Decatur, Illinois. Comment?
Aug 13, 2015 | via Reuters
Goldman Sachs Group Inc will pay $272 million to settle a lawsuit that claimed the Wall Street bank defrauded investors about the safety of about $6 billion of residential mortgage-backed securities they bought in 2007 and 2008. The settlement with investors led by the NECA-IBEW Health & Welfare Fund, an electrical workers' pension fund in Decatur, Illinois, was disclosed in filings with the U.S. District Court in Manhattan on Thursday. Comment?
May 24, 2015 | via Y 103
The Illinois Association of Realtors' numbers show that single family homes and condominium sales in April were at 12,822, up 6.6% from April 2014 when 12,032 homes were sold. Fifty out of the 102 counties in Illinois reported record sales gains for April 2014 over previous-year numbers, including Macon County, up 19.6% with 116 units sold. Comment?
Friday Feb 5 | via American Reporter
Developments in the United Kingdom and Italy may ease some bon and stock market pressures, but on the eve of an emergency G-7 Finance Ministers' meeting Friday, I will provide them with a list from my money prescription pad, which, like my kids, they will likely ignore. First, how we got here, or rather the last few days of how we got here. Comment?
Friday Jan 29 | via KLTV Tyler
Some southern Illinois residents who by now expected to live in new homes after agreeing to government bu... . FILE - In this Jan. 3, 2016, file photo, Illinois Gov. Bruce Rauner listens to Illinois Emergency Management Agency officials warn of the dangers of driving through high water of the south fork of the Sangamon River in Ki... . Comment?
Monday Feb 1 | via Chicago Reader
If you've seen my new favorite movie, The Big Short , you've heard that banking used to be a boring, old-boys' enterprise that mostly consisted of lighting up a cigar, making a fixed interest loan to the neighborhood hardware dealer, and taking a nap. Then derivatives came along, and the stodgy old banking business turned into Las Vegas on wheels. Comment?
Apr 14, 2013 | via The News-Gazette
First State Bank adds Gensler. Justin Gensler has joined First State Bank as branch manager of the facility at Neil Street and Windsor Road in Champaign. Comment?
Thursday Jan 28 | via Mortgage News Daily
There was a slight uptick in the market share of distressed home sales in November. Sales of lender-owned houses and short sales accounted for 11.9 percent of total home sales nationally, a 1.4 percent point gain over those sales in October. Comment?
Monday Feb 8 | via CKNW News Talk 980
The controversial real estate technique was uncovered in a bombshell Globe and Mail investigation this weekend, and has renewed the debate over what's driving housing prices in Vancouver. It allows realtors and investors to flip a property multiple times before a sale is even complete, jacking up the price along the way. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Blackstone Mortgage Trust, Inc. is a real estate investment trust. It operates as a real estate finance and investment management company. Comment?
Monday Feb 8 | via AmericanBankingNews.com
According to Zacks, "Bankinter is in the financial services industry. They are a banking entity subject to the supervision of the Bank of Spain and the Spanish National Securities Market Commission. Comment?
Monday Feb 8 | via Seeking Alpha
Two Harbors Investment's stock is down ~26% over the last year as income investors turned their backs on the mortgage investment sector. Two Harbors retains potential to grow servicing income, though, and has a history of earning excess returns compared to the Pine River Mortgage REIT Index. Comment?
Monday Feb 8 | via The Globe and Mail
Vancouver MLA David Eby called for an independent inquiry Sunday. He credits The Globe investigation for pushing the government into doing something concrete about Vancouver's real estate woes. Comment?
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