Frankfort Real Estate News
Real Estate news for Frankfort, MI continually updated from thousands of sources.
Friday Aug 19 | via Live Charts
Markets are likely to turn their attention back towards the US Federal Reserve in the coming week. The US central bank will hold its annual week-long Economic Symposium at Jackson Hole, Wyoming, with chair Janet Yellen herself due to deliver a speech on 26 August entitled The Federal Reserve's Monetary Policy Toolkit, while the topic on debate at the wider conference was "Designing Resilient Monetary Policy Frameworks for the Future". Comment?
Tuesday Aug 16 | via New York Post
Hillary Clinton on Tuesday named a former top lobbyist for bailed-out mortgage company Fannie Mae to co-chair her presidential transition team. Tom Donilon's time at the company, 1999-2005, was at the height of the housing bubble, just before the market crashed in 2008. Comment?
Friday Aug 12 | via National Mortgage News
A Detroit-based group of activists and university professors said the city's policy of shutting off water to those who don't pay water bills is driving residents from their homes and exacerbating the city's foreclosure crisis. The group's research, released as a published report Thursday, provides maps of Detroit showing concentrations of "thousands of families being deprived of water and simultaneously having their homes taken," according to a news release. Comment?
Jul 20, 2016 | via FindLaw
Beverly Adkins, Charmaine Williams, Rebecca Pettway, Rubbie McCoy, and William Young, on Behalf of Themselves and All Others Similarly Situated, and Michigan Legal Services, Plaintiffs-Appellants, v. Morgan Stanley, Morgan Stanley & Co. Comment?
Jul 18, 2016 | via Seeking Alpha
Without a lot of options the bank has been buying loans, purchasing expensive shares, and holding on to a dying subsidiary. Independent Bank Corporation is a $320 million Michigan-based bank that has 63 offices spread throughout the state, with higher concentrations in Bay City/Saginaw and Grand Rapids/Ionia . Comment?
13 min ago | via Star Tribune
Case manager Katia Iverson helps the Abdullahi family through the steps of resettling in Minnesota, from renting a house to teaching the children how to turn on a lamp during their first home visit in Minneapolis. For Katia, the case manager, that's the time she gets to usher newly arrived refugees into life in Minnesota. Comment?
47 min ago | via Outside the Beltway
Weighed down by anemic business spending, overstocked factories and warehouses, and a surprisingly weak housing sector, the American economy barely improved this spring after its usual winter doldrums. Consumer spending advanced at a robust pace, helping to sustain a modest growth rate of 1.2 percent, but the gain was overshadowed by the poor showing in other sectors of the economy. Comment?
49 min ago | via NY City News Service
New York's real estate market is pricey at all levels, but the rarefied air above 57th Street constitutes a new strata: Billionaire's Row. The buildings are ever sleeker and grander, leapfrogging one another in height, amenities - and price. Comment?
57 min ago | via The Motley Fool
According to the Social Security Administration's June 2016 snapshot, some 60.5 million people, two-thirds of whom are retirees, are currently receiving Social Security benefits. For retired workers, that benefit works out to an average of $1,348.49 per month. Comment?
1 hr ago | via Sentinel & Enterprise
According to the latest data released Thursday by the Federal Home Loan Mortgage Corp., or Freddie Mac, the 30-year fixed-rate average was the same as it was a week ago, unchanged at 3.43 percent with an average 0.6 point. It was 3.84 percent a year ago. Comment?
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