Glassport Real Estate News
Real Estate news for Glassport, PA continually updated from thousands of sources.
Monday | via Business Wire
Patented calcium and enzyme-based technologies improve... )--Fitch Ratings has affirmed the following Allegheny County, PA Redevelopment Authority tax increment revenue bonds: --$7.1 million tax increment financing ... )--Nuveen Investments, a leading global provider of investment services to institutions, as well as individual investors, today announced that the Nuveen Real Estate Income F... )--The Minnesota Chamber of Commerce announced today that it has selected Douglas B. Loon as its new president. Comment?
Friday Jun 12 | via Post-gazette.com
Though it's unlikely the city of Clairton will recover more than $100,000 in back taxes and garbage fees from the bankrupt owner of many units in the Century Townhomes complex, the city will not stand in the way of a proposed plan to repair and sell the distressed properties. Officials told a bankruptcy judge Thursday the city would abstain from voting in favor or against the plan and would not obstruct its confirmation - paving the way for the court to convert the case to Chapter 11 so that it can proceed as a business reorganization. Comment?
May 30, 2015 | via Post-gazette.com
As a real estate investor looking to buy houses, fix them up and sell them for a profit, Aaron Chaney has flipped houses in just about every part of Allegheny County, but he says his most lucrative opportunities have been in Lawrenceville. "I find the neighborhoods that are most profitable to flip in are the neighborhoods in transition to a higher value," said Mr. Chaney, co-owner of Penn-Pioneer Enterprises in Trafford. Comment?
May 28, 2015 | via Post-gazette.com
A proposal to refurbish a struggling community of rowhouses in Clairton has the support of parties that are owed millions of dollars by the properties' bankrupt owner, but it cannot move forward until Clairton's city council agrees to back it. If the council doesn't approve the plan to renovate 165 units in the Century Townhomes development, U.S. Bankruptcy Judge Gregory Taddonio said Thursday he may allow the properties to be formally abandoned by the court and sold through foreclosure - a process that could leave residents scrambling for a place to live and provide no financial return to creditors. Comment?
May 21, 2015 | via Post-gazette.com
Howard Hanna Real Estate Services said Wednesday it has merged with Nothnagle Realtors of Rochester, N.Y. Nothnagle has 32 offices and 900 agents and employees throughout Western New York. Nothnagle is ranked as the 40th-largest real estate company in the U.S., according to closed sales. Comment?
Friday Jun 26 | via The Morning Call
Local foreclosure rates hit a five-year low in April, but activity still remains higher than the national average at least partially because of a judicial process in Pennsylvania that can keep properties in limbo for nearly two years. The Allentown-Bethlehem-Easton region's rate, which measures the percentage of loans in some stage of the foreclosure process in Lehigh, Northampton and Carbon counties along with Warren County, N.J., fell to 2.66 percent in April, down from 3.13 percent one year earlier, according to data released Thursday by CoreLogic, a financial and real estate analytics firm. Comment?
Monday Jun 22 | via Insider Monkey
Long Pond Capital is a New York-based hedge fund led by John Khoury . Khoury, with a degree from Wharton School of Business at the University of Pennsylvania, applies a rigorous bottom-up approach to research and invests primarily in real estate investment trusts , and other real estate-related companies. Comment?
Thursday Jun 18 | via National Mortgage News
Housing and property data provider RealtyTrac reported 126,868 foreclosure filings last month, the highest level of activity in 19 months, driven mainly by bank repossessions and a 5% year-over-year increase in scheduled foreclosure auctions. According to the U.S. Market Foreclosure Report, foreclosure filings in May rose 1% from the previous month and saw a 16% year-over-year increase. Comment?
Wednesday Jun 17 | via Natl. Relocation & Real Estate
RealtyTracA recently released its May 2015 U.S. Foreclosure Market Reporta , which shows foreclosure filings-default notices, scheduled auctions and bank repossessions-were reported on 126,868 U.S. properties in May 2015, up 1 percent from the previous month and up 16 percent from a year ago to a 19-month high. The U.S. foreclosure rate in May was one in every 1,041 housing units with a foreclosure filing. Comment?
Tuesday Jun 16 | via Business Wire
As announced previously on December 15, 2014, under the terms of the Merger Agreement, LNB Bancorp Inc. shareholders will be entitled to elect to receive either 1.461 shares of Northwest Bancshares, Inc. common stock or $18.70 in cash for each common share of LNB Bancorp, Inc., subject to an overall allocation of exchanged shares into 50% cash and 50% stock. The companies expect to complete the merger on August 14, 2015, subject to the satisfaction of customary closing conditions. Comment?
14 min ago | via WPMT-TV York
In January of 2015, Gladys Solomon,74, was just days away from foreclosure. She was behind on mortgage payments. Comment?
17 min ago | via Patch.com
Description Come to our Career Seminar! When: July 28th 2015 DLA Branch Office, 1221 Post Road East, Suite 200, Westport, CT 06880 Telephone: 655-3520 Registration: 6:00 pm...1 day ago from David Lerner Associates, Inc Job Summary: Solicit, build and maintain strong relationships with mortgage brokers, mortgage bankers ,representing LDW, to sell...7 days ago from Loan Depot Description Come to our Career Seminar! When: Wednesday, August 26th, 2015 DLA Branch Office, 599 West Hartsdale Avenue, White Plains, NY 10607 Telephone: 761-6456...1 day ago from David Lerner Associates, Inc Discipline. Loyalty. Comment?
17 min ago | via Herald Gazette
This bright reimagined Gambrel offers a modern floor plan, contemporary vibe and broad captivating views of Penobscot Bay from almost every room. Updated kitchen opens to dining room, fireside sitting area and living room with doors to the long waterview deck running along the length of the house. Comment?
19 min ago | via Greenwich Citizen
The Federal Housing Finance Agency suggested $13 billion as a potential penalty on RBS, accused of improperly inflating the value of mortgage-backed securities it sold leading up to the financial crisis. Kathleen O'Rourke/Staff photo Photo: KATHLEEN O'ROURKE / ST The Federal Housing Finance Agency reportedly stated it could seek as much as $13 billion in remuneration from Royal Bank of Scotland, alleging executives at RBS' office in Stamford, Conn. Comment?
25 min ago | via The Washington Post
The chief executives of Fannie Mae and Freddie Mac could collect up to $4 million a year in pay as a result of new government rules that ease restrictions on the leaders' compensation six years after the mortgage finance giants received massive bailouts to cover losses suffered during the housing bust. Both are eligible to receive a base salary of $750,000, deferred salary worth $2.05 million and deferred salary based on performance of $1.2 million. Comment?
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