Dorchester Real Estate News
Real Estate news for Dorchester, MA continually updated from thousands of sources.
Monday Nov 23 | via Housing Wire
A Virginia man and woman will each spend two years in prison for leading a scheme that recruited straw buyers into a multi-year, multi-property mortgage fraud scheme that defrauded 10 different lenders. Jerrold Fowler, 31, of Virginia, was sentenced by U.S. District Court Judge Richard Stearns to two years in prison, three years of supervised release, and ordered to pay restitution of $3,786,815 and to forfeit $7,413,712. Comment?
Saturday Oct 31 | via Boston.com
THE VIBE IN THE ROOM is contained desperation. Everyone is afraid of something. The woman in the back is worried about commitment. Comment?
Saturday Oct 31 | via Boston.com
Purchasing a place used to make sense. Now, we compete so fiercely, and pay so much, for so little, some buyers are afraid they're making a bad call. Comment?
Sep 1, 2015 | via SouthCoastToday.com
Bristol County residents, on average, carry credit card debt equal to 11 percent of their income and 10.8 percent of their wealth, ranking the fourth-highest in Massachusetts. Statewide, average credit card debt is 10.3 percent of per capita income and 7.9 percent of per capita wealth, according to a recent study by financial advice website SmartAsset. Comment?
Jul 7, 2015 | via Boston.com
Outgoing University of Massachusetts president Robert L. Caret, who drew on his taxpayer-funded housing stipend to pay the taxes, fees, and monthly costs of a jumbo mortgage, pocketed a nearly $300,000 profit from his sale of a Boston Harbor-front condominium. Caret, who officially stepped down July 1 to become the University of Maryland chancellor, collected $1.345 million for the sale last month of the condo that he bought four years earlier for $880,000. Comment?
Wednesday | via National Mortgage News
In this new role, Wu will be responsible for overseeing all residential sales and the firm's operations team in Irvine, Calif. Prior to the promotion, she served as the vice president of enterprise solutions where she was responsible for the creation of technical and business processes for the residential lending business. Comment?
Tuesday | via Construction Equipment Guide
After Raytheon Co. announced last year it would close its longtime research facility in Sudbury, town officials outlined their vision for redevelopment of the 50-acre site: a mixed-use project of retail, office space, and homes, including rental units to meet state affordable housing requirements. Comment?
Tuesday Nov 24 | via Insurance Journal West
The largest force-placed insurance company in Massachusetts has agreed to provide refunds to homeowners to settle allegations that it improperly charged for force-placed insurance policies, Massachusetts Attorney General Maura Healey announced. Under the terms of the assurance of discontinuance, filed Monday in Suffolk Superior Court in Boston, American Security Insurance Company, a subsidiary of Assurant Inc., will refund premiums to thousands of Massachusetts homeowners who were allegedly required to purchase unnecessary or overpriced force-placed insurance policies. Comment?
Saturday Nov 21 | via SouthCoastToday.com
It's still possible in Boston for a mail carrier, an accountant and a Harvard-trained psychiatrist - basically, the crowd from "Cheers" - to live as neighbors. That finding by the real estate brokerage Redfin makes the capital of Massachusetts a rarity at a time when neighborhoods in most U.S. cities are increasingly isolated from each other by income and home values. Comment?
Friday Nov 20 | via MassLive.com
This Thanksgiving season, I'm grateful to live in a vibrant, prosperous state and nation. Yet despite the abundance all around us, there are still too many children in our community who are going to bed without dinner. Comment?
1 hr ago | via Economist's View
Europe the Unready, by Paul Krugman, Commentary, NY Times : Thanksgiving as we know it dates not to colonial days but to the middle of the Civil War, when Abraham Lincoln made it a federal holiday. It is, in other words, a celebration of national unity. Comment?
11 min ago | via Daily Mail
Rainforest Estate in Queensland's far north boasts a fruit orchard, a wine cellar and garage parking for 12 cars The property is on the market for $3.25 million, with the agent saying it would make a perfect wedding venue It's the perfect luxurious tropical retreat - a sprawling mansion on a 3.6 hectare estate in the middle of the wet tropics, boasting expansive mountain and rainforest views. Rainforest Estate in Queensland's far north features a fruit orchard, a fully-equipped gym, a temperature-controlled wine cellar for more than 2,000 bottles and its very own helicopter pad. Comment?
13 min ago | via The Post-Standard
Dennison got her wish about 12 years ago when the home came up for sale. She now lives and works in Kentucky as an attorney, but her parents called her when the house on 34 was on the market. Comment?
40 min ago | via The Toronto Star
A real estate investment company that once ran a $1-Million Dream Home contest for Toronto FC is facing allegations that its chief executive officer misused investors' money to buy luxury cars, an expensive home and pay himself “excessive” management fees. Titan Equity Group Ltd. and its CEO, Lance Kotton, raised $30.7 million from 335 investors starting in 2011 against three development properties in York Region, the Ontario Securities Commission alleges in court documents. Comment?
53 min ago | via AmericanBankingNews.com
First Savings Financial Group declared a quarterly dividend on Friday, November 20th, Analyst Ratings.Net reports. Investors of record on Friday, December 4th will be paid a dividend of 0.12 per share on Thursday, December 31st. Comment?
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