Leominster Real Estate News
Real Estate news for Leominster, MA continually updated from thousands of sources.
Wednesday Apr 5 | via Sentinel & Enterprise
Stephanie Pandiscio of Foster-Healey Real Estate in Athol and Leominster was once again recognized by the North Central Massachusetts Association of Realtors as 2016 Platinum Level Top Producer. Top Producer awards are presented to Realtors attaining the highest levels of sales achievement within their districts during the past year, making them some of the area's most productive agents. Comment?
Sunday Apr 2 | via Sentinel & Enterprise
You don't have to be an expert to see: Bay State homes are hot property. Thanks to a dwindling supply of homes on the market, the law of supply and demand doesn't bode well for prospective homebuyers. Comment?
Mar 7, 2017 | via Worcester Telegram & Gazette
WORCESTER - Lenders started and completed more foreclosures in Worcester County during January than they did at the same time last year, new data show. Lenders launched 162 new foreclosures during the month, up about 5 percent over the same month a year ago, according to The Warren Group of Boston, publisher of the trade journal Banker & Tradesman. Comment?
Feb 16, 2017 | via Sentinel & Enterprise
Fitchburg Ward 5 City Councilor Angelo Bisol describes his woodworking process while standing next to an unfinished lighthouse and windmill birdhouse. Bisol, who will leave the council at the end of the year, has a new job at Century 21 in Leominster as a real estate agent. Comment?
Feb 1, 2017 | via National Mortgage News
New foreclosure filings fell nearly 28% in Worcester County, Mass., during December compared to the same month a year earlier, new data show. The number of completed foreclosures in Worcester County also fell about 10% over the same period, according to The Warren Group, a Boston publisher that tracks real estate transactions in Massachusetts. Comment?
14 hrs ago | via Worcester Telegram & Gazette
There is business and then there is the business of dealing with black people. There is hardly any aspect of American life in which the latter transaction doesn't leave blacks on the short end of the stick. Comment?
Friday Apr 14 | via Charlestown Patriot-Bridge
Senate President Stan Rosenberg, Senator Sal DiDomenico and Senator Will Brownsberger have sent a letter to the Massachusetts Congressional delegation urging them to fight against the Trump Administration's proposed elimination of funding for Legal Services. Last year, 23,000 low-income and elderly people in Massachusetts got help at Legal Services with foreclosures and evictions, domestic violence, illegal debt collection, veterans' benefits, homelessness, immigration, and more. Comment?
Thursday Mar 30 | via Lowell Sun
Santander has agreed to a $26 million settlement with officials in two states over the bank's role in issuing subprime auto loans to thousands of consumers who could not afford to repay them, officials said Wednesday. The settlement, announced by Massachusetts Attorney General Maura Healey and Delaware Attorney General Matt Denn, calls for Boston-headquartered Santander Consumer USA to make payments to borrowers and to the states. Comment?
Wednesday Mar 29 | via SouthCoastToday.com
Santander, which Healey called the largest packager of subprime auto loans in the nation, funded "unfair and unaffordable" loans to more than 2,000 consumers in Massachusetts, knowing that many of the borrowers could not meet the terms and would default, Healey said. Buyers often agree to financing terms through contracts signed at car dealerships, but the loans are backed by financial institutions such as Santander, who often resell the loans to third parties or place them into asset pools. The bank also was accused by the states of knowingly taking on loans from car dealers that submitted loan applications that inflated the reported incomes of customers, and continued to fund loans from dealers it knew had high rates of delinquency and default among customers. "We will continue to pursue investigations in this area to ensure that Delaware consumers receive a fair deal ... (more) Comment?
Tuesday Mar 28 | via jdsupra.com
Litigation involving claims of unfair or deceptive business practices under Chapter 93A of the Massachusetts General Laws remain a favorite for the plaintiffs' bar, particularly given the potential recovery under the statute for multiple damages and attorneys' fees. Companies doing business in Massachusetts should be cognizant of how Chapter 93A claims are being used in their industry, as well as the various efforts to expand liability and damages for violations of the statute. Comment?
16 min ago | via 680News
A sign advertises a new home for sale in Carleton Place, Ont., on March 17, 2015. A 15-per-cent non-resident speculation tax proposed by the Ontario government Thursday forms a key plank in the province's plan to cool the hot housing market in its southern cities. Comment?
16 min ago | via GlobeNewswire
On April 18, 2017, America First Multifamily Investors, L.P. was notified by Bankers Trust Company that the Bank had received the commitment of another lender to participate in the Credit Agreement dated May 14, 2015, as amended, between the Partnership and the Bank. As a result of such participation, in accordance with Section 2.1 of the Credit Agreement, the maximum principal amount of the Line of Credit is now $50 million, representing an increase of $10 million. Comment?
18 min ago | via Reuters
CHICAGO, April 24 Fitch Ratings has placed the ratings of Ocwen Financial Corporation and its wholly-owned, primary operating subsidiary, Ocwen Loan Servicing, LLC on Rating Watch Negative. The entities have a long-term Issuer Default Rating of 'B-'. Comment?
22 min ago | via Bloomberg
China's non-performing loans have stabilized and the pressure from capital outflows has eased as the nation's economic recovery takes hold, said Deputy Central Bank Governor Yi Gang. "NPLs are getting pretty much stabilized after a long time of climbing," Yi said at the International Finance & Infrastructure Forum at Bloomberg's headquarters in New York. Comment?
24 min ago | via West Seattle Blog
After big pushback to proposed regulations last year , the City Council is ready to consider a revised set of rules for people who rent short-term via Airbnb , VRBO , and similar services, as well as potential bed-and-breakfast operators. The legislation would establish a new definition for "short-term rental" as a type of lodging use and establish standards for short-term rentals, including a limit on the number of dwelling units that an individual may operate as a short-term rental. Comment?
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