Lexington-Fayette Real Estate News
Real Estate news for Lexington-Fayette, KY continually updated from thousands of sources.
Sunday Mar 26 | via WLEX-TV Lexington
SmartAsset, a financial technology, released its third annual study on the Best Places to Get a Mortgage. According to the study, Fayette County ranks among the top locations in Kentucky. Comment?
Jan 26, 2017 | via Floyd County Times
Attorney General Andy Beshear announced Wednesday that Kentuckians who filed claims in the settlement with mortgage lender and servicer HSBC to address mortgage origination, servicing and foreclosure abuses will receive payment in February. The $59.3 million settlement is to provide direct payment to approximately 1,407 eligible Kentucky borrowers whose loans were serviced by HSBC and who lost their homes to foreclosure from Jan. 1, 2008, through Dec. 31, 2012, and encountered servicing abuse. Comment?
Dec 13, 2016 | via National Mortgage News
Nearly 350 Kentuckians and three state organizations have received a combined $18 million from the 2014 Bank of America settlement that involved mortgage loan practices during the 2008 financial crisis. Attorney General Andy Beshear made the announcement Monday in a news release. Comment?
Dec 13, 2016 | via Floyd County Times
Attorney General Andy Beshear announced Monday that nearly 350 Kentuckians and three state organizations have received a combined $18 million from the 2014 Bank of America Settlement involving the company's mortgage loan practices during the 2008 national financial crisis. Comment?
Nov 17, 2016 | via Reuters
China's new home prices grew in October at the fastest rate since record-keeping began in 2011, despite a significant slump in property sales volume as local governments stepped up measures to cool skyrocketing prices. , moved, 400 words) WASHINGTON - The election of Donald Trump as U.S. president has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon," Fed Chair Janet Yellen said on Thursday in Congressional testimony that included a pledge to serve out her term. Comment?
Oct 8, 2016 | via Grayson News Gazette
A common misperception among those working through a divorce is that the work is over once the divorce is final. After the decree is entered, there are still a number of steps Kentuckians should take to prevent legal and financial complications down the road. Comment?
3 min ago | via The Daily Millbury
Bank of Queensland says it has seen a surge in mortgage applications in recent weeks, despite tough competition in the home loan market and stricter regulatory controls. The bank reported cash earnings of $175 million for the first half of the financial year, down 2 per cent from a year earlier. Comment?
14 min ago | via CBC News
The low vacancy rate in Merritt has forced some residents who lost everything in an apartment fire to move to Kamloops and Logan Lake. An apartment fire at Kengard Manor in Merritt, March 16, forced 58 people out of their homes and with the tight rental market in the city, it's unlikely any of them will be able to find an affordable rental. Comment?
24 min ago | via Steuben Courier
U.S. stock indexes closed mostly higher Wednesday after a sharp increase in crude oil prices helped drive market-leading gains for energy companies. Banks and other financial stocks declined the most as bond yields headed lower, which translates into lower interest rates on loans and lower profits for banks. Comment?
31 min ago | via WFAA-TV Dallas
Will Donald Trump be good or bad for the housing market? It is far too early to say, but ultimately, it may depend on what side of the housing transaction you find yourself. So far, indications are that the Trump years may produce a more conservative market for home loans, especially for those with fewer resources and lower down-payment money. Comment?
45 min ago | 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?
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