Foreclosures hit record 990 in July
Aug 13, 2009 | via Honolulu Star-Bulletin
A record 990 Hawaii homes were foreclosed upon in July, a 332 percent increase over a year ago, according to the RealtyTrac U.S. Foreclosure Market Report. Comment?
Developer files for bankruptcy again
Jul 1, 2009 | via Honolulu Star-Bulletin
Big Island developer Brian Anderson has filed for bankruptcy again -- this time for Anekona LLC, which defaulted on a mortgage for the Coconut Grove Marketplace on the Big Island. Comment?
Freddie Mac limits unchanged for 2010
Friday Nov 13 | via Honolulu Star-Bulletin
Conforming loan purchase limits under Freddie Mac will be the same for 2010 as they were in 2009, the Federal Housing Finance Agency has announced. Comment?
October foreclosure rate rises
Thursday Nov 12 | via Honolulu Star-Bulletin
Hawaii foreclosures rose in October to their third highest total of the year, more than doubling from the prior year, according to data released today by the online foreclosure marketplace RealtyTrac. Comment?
Many reasons why taxpayers fall behind
Sunday Nov 8 | via Maui News
WAILUKU Manuel Cosma Jr. lives in Honolulu and doesn't even know some of the 23 cousins and distant relatives with whom he shares ownership of ancestral land in Hana. Comment?
Nov 6, 2009 | via Honolulu Star-Bulletin
While the U.S. economy is improving, it will be 2011 before Hawaii experiences sustained recovery, according to economists at the 40th annual First Hawaiian Bank Business Outlook Forum. Comment?
Court rules state failed on trust lands
Nov 5, 2009 | via Honolulu Star-Bulletin
After a 10-year court battle and decades of waiting in vain for homesteads, plaintiffs in a class-action lawsuit won a judgment against the state for failing to promptly award home lots to native Hawaiians under the Hawaiian Home Lands Trust. Comment?
Writs issued against New Century Financial heads
6 min ago | via Toronto News.Net
Executives from the collapsed mortgage lender New Century Financial Corp have been accused of fraud by US regulators. Comment?
s on the Move: Week Ending December 4
Friday Dec 4 | via CFO
Joan Urdang - CFO.com US Juan Figuereo has been named finance chief at consumer-products maker Newell Rubbermaid Inc., replacing J. Patrick Robinson, who is retiring. Comment?
Creditors turn up heat on idled Dubai project
11 min ago | via Business Report
Nakheel creditors may win the right to seize a strip of barren waterfront land the size of Manhattan if the company defaults on the $3.5 billion bond backing the development. Comment?
Citigroup's Pandit Said to Push for Agreement This W...
12 min ago | via Bloomberg Business News
Citigroup Inc. Chief Executive Officer Vikram Pandit is pressing the U.S. Treasury Department and regulators to agree as soon as this week on a plan to pay back $20 billion remaining from a government bailout, people familiar with the matter said. Comment?
12 min ago | via The Jewish Journal
"It's just not happening, nothing is moving! It's disgusting!" An acquaintance recently lamented how terrible business was. Comment?