Mount Airy Real Estate News
Real Estate news for Mount Airy, NC continually updated from thousands of sources.
Friday Apr 21 | via World News Report
For the quarter ended March 31, 2017, net income totaled $947,725 or $0.23 per fully diluted common share, compared with $776,954 or $0.19 per fully diluted common share earned during the first quarter of 2016. The increase in earnings results from a reduction in the provision for loan losses and an increase in noninterest income. Comment?
Friday Apr 21 | via HeraldSun.com
A bill that proposed to strip North Carolina counties and municipalities of their authority to impose impact and other regulatory fees on new construction was scaled back by a House committee on Thursday. The new version of the bill approved by the House Finance Committee would prevent local governments from raising or enacting new impact fees and orders the Legislative Research Committee to study the issue and propose new legislation next session. Comment?
Mar 3, 2017 | via WUNC-FM Chapel Hill
North Carolina homeownership rates increased noticeably in 2016, the first year since the Great Recession to show a significant upward trend. The North Carolina homeownership rate increased one-half percentage point to 65.7 percent in 2016, according to an analysis of data published by the Census Bureau. Comment?
Thursday | via jdsupra.com
This article is a follow up to Bruce Wallace's April 13, 2017 update, "Is your Motor Vehicle Loan Safe?" regarding how insurance policies may not protect the credit union's lien. Specifically, Mr. Wallace's update dealt with loss payee clauses under South Carolina law, and the issue of whether there is coverage for innocent insured/lienholders in circumstances involving intentional loss caused by the insured borrowers. Comment?
Sunday Apr 23 | via Gloversville Leader-Herald
For more than a dozen years, North Carolina has mandated the beginning and end of summer vacation for public schools. The law was designed to support tourism at the state's beaches and mountain getaways, and appease parents who were unhappy as some districts kept moving up the first day of school. Comment?
Thursday Apr 20 | via Mortgage News Daily
There are bad days, and worse days, and there are days like Ocwen Financial Corporation had on Thursday. The company was not only sued on multiple grounds by both the Consumer Financial Protection Bureau and the State of Florida, but saw its operations effectively shut down by the North Carolina Commissioner of Banks. Comment?
Wednesday Apr 19 | via The Mountaineer Publishing Company
In 2016, Habitat for Humanity affiliates across NC received more than $8.7M dollars in HOME funding, most of that via the NC Housing Finance Agency, to provide zero-percent second mortgage financing to affiliates. This funding contributed directly to the construction of 220 new housing units. Comment?
Monday Apr 17 | via Metro
Jeff Varner, the disgraced reality TV show contestant who was booted off Survivor after outing a fellow contestant as transgender, has been left 'devastated' to discover that he was fired from his job allegedly without prior warning. Varner, a real estate agent, has admitted that he was dismissed in 'what I felt was an ugly, knee-jerk reaction kind of way' after being reportedly told by Allen Tate Real Estate that he was 'in the middle of a news story that [the company] don't want anything to do with'. 1 comment
39 min ago | via Seeking Alpha
But the law of big numbers and some headwinds in the mortgage market is slowing growth and exposing a valuation that is too rich. We first recommended buying Ellie Mae in 2012 when the shares traded under $15. Comment?
53 min ago | via AmericanBankingNews.com
's stock had its "buy" rating restated by investment analysts at Deutsche Bank AG in a research report issued on Friday. They presently have a $34.00 price target on the real estate investment trust's stock, up from their previous price target of $33.00. Comment?
1 hr ago | via Stuff.co.nz
Katrina Genefaas from Rotorua could teach people who say they're struggling to get by on $100,000 a thing or two. After she split with her long-time partner, the mental health nurse found herself alone with a mortgage, and a pressing need to get on top of her finances. Comment?
1 hr ago | via MarketWatch
The principality of Monaco claims the most expensive home prices of any country in the world, according to a report on the tiny nation from Savills released Wednesday. Monaco, an independent slice of the French Riviera with an approximate population of 38,400, recorded an average resale price of a 41,400 per square meter in 2016, a record for the tiny nation, according to the report. Comment?
2 hrs ago | via AmericanBankingNews.com
Press coverage about PennyMac Mortgage Investment Trust has trended somewhat positive recently, according to AlphaOne Sentiment Analysis. The research group, a division of Accern, ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Comment?
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