Farmville Real Estate News
Real Estate news for Farmville, NC continually updated from thousands of sources.
Saturday Oct 3 | via HeraldSun.com
Do you know who any of these people are? If so, please contact the North Carolina Collection at 919 560-0171, [email protected] Photo from the estate of Claude V. Jones, Durham city attorney 1938-1973 Do you know who any of these people are? If so, please contact the North Carolina Collection at 919 560-0171, [email protected] Comment?
Friday Oct 2 | via National Mortgage News
Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis. Mairone was chief operating officer for a division of Countrywide Financial Corp., the California giant that came to symbolize the excesses of the subprime era. Comment?
Tuesday Sep 29 | via jdsupra.com
When a borrower's default results in a foreclosure sale and purchase of the secured property by the mortgagee lender, can a guarantor's deficiency liability be reduced by the difference between the property's fair market value and its foreclosure sale price? Prior to last year, this question was answered in North Carolina consistently, and overwhelmingly, in the negative. However, the North Carolina Supreme Court conclusively reversed this line of decisions in High Point Bank and Trust Company v. Comment?
Monday Sep 28 | via JD Supra
A question that continually arose during the foreclosure deficiency actions that were spurred by the recent "Great Recession," was whether or not a guarantor on a loan could raise the "defense" offered in N.C. Gen. Stat. Comment?
Monday Sep 21 | via Natl. Relocation & Real Estate
Long & Foster Real Estate has signed a new partnership with China's largest international real estate portal, Juwai.com, to bring homebuyers from mainland China to the Mid-Atlantic and Northeast regions. About Chinese Home-buying in the Mid-Atlantic and Northeast Mainland Chinese real estate buyers, according to the National Association of REALTORSA , make up the largest foreign buyer group in the United States and account for 16 percent of international homebuyers. Comment?
3 min ago | via Inman
Even our favorite type of loan, conventional, which closes typically in 30 days, is going to take possibly closer to 45 days. It may behoove both the buyer and seller to obtain their mortgage from the same lender so that coordination is more seamless in this regard. Comment?
11 min ago | via Cape Breton Post
OTTAWA _ Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests. According to the bank, 16 per cent of respondents said they would not be able to afford such an increase, while more than a quarter, or roughly 27 per cent, would need to review their budget. Comment?
19 min ago | via The Miami Herald
A new report by federal investigators says Florida has consistently underperformed other states in using federal mortgage assistance money to help desperate homeowners facing foreclosure. According to the report released this week, the Special Inspector General for the Troubled Asset Relief Program says that of the 18 states participating in the Treasury Department's Hardest Hit Fund, Florida has the lowest rate of approving homeowners for assistance, one of the highest rates of denying assistance and is slow with processing applications. Comment?
36 min ago | via Salisbury Journal
Ex Royal Green Jacket Mike Buss raised A 40,000 for the forces charity through a series of fundraising events between October 2009 and September 2011, including running 100 marathons in 100 days. Colin Meeke, prosecuting, told Swindon Crown Court: "He is subsidising his current account from his charity account and he is not paying over to the charity the monies that he should." Comment?
44 min ago | via The Globe and Mail
According to a BMO survey, 16 per cent of respondents said they would not be able to afford a $500 increase in their monthly mortgage payments, while more than a quarter, or roughly 27 per cent, would need to review their budget. According to a BMO survey, 16 per cent of respondents said they would not be able to afford a $500 increase in their monthly mortgage payments, while more than a quarter, or roughly 27 per cent, would need to review their budget. Comment?
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