Mackinac Island Real Estate News
Real Estate news for Mackinac Island, MI continually updated from thousands of sources.
Wednesday Nov 4 | via MLive.com
Former real-estate developer Charles Patrick Gahan was sentenced Wednesday, Nov. 4, to five years, 10 months in federal prison in an $8 million "mortgage-stacking" scheme. Gahan, 52, was remanded to the custody of U.S. Marshal's Service after sentencing by U.S. District Judge Robert Holmes Bell. Comment?
Wednesday Nov 4 | via MLive.com
Charles Patrick Gahan, 52, who has been living in Florida, will join co-defendant Scott Hoeft, owner of Prime Title Services, in the federal Bureau of Prisons for defrauding banks, lenders and real-estate title insurance companies. Hoeft wrote title insurance policies for First American Title and Old Republic National Title Insurance and committed financial fraud against several financial institutions linked to Gahan's residential developments. Comment?
Oct 28, 2015 | via MLive.com
Ann Arbor's original "tiny house" community just passed a quiet milestone: A listing in Pittsfield Village hit the market this month priced at more than $100,000. The two-bedroom, 695-square-foot tri-level on Parkwood went under contract quickly - reportedly for even more than the $109,000 list price - signaling that Ann Arbor's hot real estate market seems to be reaching every corner of the market. Comment?
Oct 22, 2015 | via Patch.com
With combined assets of more than $1 billion, Level One Bank will become the largest locally owned bank in Oakland County. Level One Bancorp Inc. will acquire Farmington Hills-based Bank of Michigan, also based in Farmington Hills, under an agreement announced Thursday. Comment?
Oct 1, 2015 | via ClickOnDetroit
Starting Oct. 3, new federal rules go into effect that are designed to make the process a little easier. As with any new change, there will be ripple effects and those changes will impact how quickly you are able to buy and sell a home. Comment?
8 min ago | via Housing Wire
Monday Morning Cup of Coffee takes a look at news coming across HousingWire's weekend desk, with more coverage to come on bigger issues. While it is the job of a loan officer to help get a borrower through the financing process and into their dream home, it isn't a fast process to close a loan, and there is a lot a borrower can do to mess up their uniquely packaged loan. Comment?
21 min ago | via ArkansasBusiness.com
In 2010, Hot Springs Bank & Trust foreclosed on this condo building at 156 Villa Point Blvd. , units 3B, 3C, 3D, in Hot Springs, as a result of SJT Properties LLC defaulting on a $1.1 million loan. Comment?
23 min ago | via The Age
Tasmania based MyState is one of only two listed banks outside the majors and regional banks. It has grown its loan book by about 16 per cent a year in the past two years - much faster than the majors or regional banks - after buying The Rock building society, based in Rockhampton. Comment?
26 min ago | via AmericanBankingNews.com
's stock had its "corporate" rating reaffirmed by N+1 Singer in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. Shares of Carador Income Fund PLC remained flat at GBX 0.75 on Tuesday. Comment?
45 min ago | via Daily Pundit
Part of the reason Republicans have gained over 900 state legislative seats since Obama became president is that they have a very well-funded infrastructure that focuses only on winning state legislative chambers. Democrats, of course, have their own state legislative arm but the major donors that tend to finance these things are less engaged on the Democratic side than the Republican one. Comment?
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