Fostoria Real Estate News
Real Estate news for Fostoria, MI continually updated from thousands of sources.
Tuesday Mar 21 | via MLive.com
Developers who plan to sink $12 million into redeveloping the 125-year-old Crapo building in downtown Bay City have secured a tax break they say is critical to the project's feasibility. At its meeting Monday, March 20, the Bay City Commission unanimously approved a Brownfield Plan for the building at the northwestern corner of Center and Washington avenues, now named The Legacy. Comment?
Saturday Mar 11 | via Michigan Radio
An additional 650,000 low-income people have been able to get health care through Michigan's Medicaid expansion , with the federal government picking up most of the tab. However, a Republican plan to replace the Affordable Care Act would change how funding for the program is doled out. Comment?
Friday Mar 10 | via MLive.com
A bill introduced in the U.S. Senate this week includes language that would tighten a loophole that a Grand Rapids-based apartment developer has used to convert seven of its properties from low income to market rate developments. The bill, introduced by U.S. Sen. Maria Cantwell, R-Wash., and co-sponsored by Senate Finance Committee Chairman Orrin Hatch, R-Utah, is designed to expand the federal low income housing tax credit program by 50 percent over the next five years. Comment?
Tuesday Feb 28 | via JD Supra
The Michigan Department of Insurance and Financial Services has announced the launch of a finalized version of its online portal to assist Michigan consumers with the filing of electronic complaints. DIFS' Office of Consumer Services stated it plans on using the tool to "start the initial review of complaints against insurance entities, banks, credit unions, mortgage companies, payday lenders, vehicle loans, personal loans, money transfers, and debt management transactions." Comment?
Tuesday Feb 28 | via Michigan Radio
Michigan's chief economist, Jay Wortley , is retiring after 36 years of state government service. During that time, the state has faced the triplicate challenge of a declining population, deurbanization in its major cities, and a series of employment swings in the all-important auto industry. Comment?
3 min ago | via The Globe and Mail
The chorus grows ever louder as yet another major group warns of the threat to Canada from swollen household debts. Putting Canada second only to Australia in a ranking of household debt as a percentage of gross domestic product, global bank HSBC singled out a handful of countries in a quarterly economic report. Comment?
12 min ago | via The Globe and Mail
Credit Suisse CEO Tidjane Thiam speaks to the media during a news conference in Zurich, Switzerland May 10, 2016. Credit Suisse CEO Tidjane Thiam speaks to the media during a news conference in Zurich, Switzerland May 10, 2016. Comment?
12 min ago | via Reuters
Rising short-term interest rates in the United States are prompting Lipper Award-winning bond fund managers to add emerging-market debt and non-agency backed residential mortgages that they say offer more potential for gains in the year ahead. Managers from firms including AllianceBernstein, BlackRock Inc and Thornburg Investment Management are bracing for further rate increases by the Federal Reserve, making U.S. high-yield debt unattractive as highly-leveraged companies and municipalities have a more difficult time rolling over their debt costs. Comment?
Tuesday Mar 14 | via The New Zealand Herald
The company owned by the family of President Donald Trump's son-in-law is reportedly negotiating to sell a US$400 million stake in a New York City skyscraper to a Chinese insurer with ties to that country's ruling party. The New York Times is reporting that a company run by Jared Kushner's father is hammering out a deal with Anbang Insurance Group for a stake in the family's building at 666 Fifth Avenue. Comment?
Tuesday Mar 14 | via The Globe and Mail
Mortgage lender Home Capital Group said several of its current and former executives have been served with enforcement notices from the Ontario Securities Commission. Mortgage lender Home Capital Group said several of its current and former executives have been served with enforcement notices from the Ontario Securities Commission. Comment?
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