Norma Real Estate News
Real Estate news for Norma, NJ continually updated from thousands of sources.
Mar 24, 2015 | via The Jersey Journal
Franklin Bank announces that Roland Turmol Jr. has been promoted to senior vice president. As the bank's COO and security and compliance officer, he is responsible for the daily operations of the bank and oversees the bank's adherence to government regulations. Comment?
Feb 6, 2015 | via The Gloucester County Times
SALEM -- Based on advice from the county solicitor, the Salem County Board of Chosen Freeholders abolished the Salem County Revolving Loan Fund at its regular meeting Wednesday. The abolition of the loan fund was passed 6-0 by the board. Comment?
Dec 27, 2014 | via The Jersey Journal
Veterans Administration-guaranteed loans are made by private lenders, such as banks, credit unions or Mortgage companies to eligible veterans for the purchase of a home, which must be their own personal occupancy. Veterans apply for a loan through a lender and if the loan is approved the VA guarantees a portion of the total loan. Comment?
Thursday Jul 23 | via The Paramus Post
U.S. Senator Bob Menendez supported and voted this week on a tax bill approved by the Senate Finance Committee that extends 52 tax relief provisions important to businesses and families in New Jersey and across the nation. Specifically, the legislation extends these provisions for two years, retroactively for all of 2015 through 2016, and includes a nearly doubling of the tax benefit for transit commuters, mortgage debt tax relief for "underwater" homeowners, and a research and development tax credit to incentivize business and job growth. Comment?
Saturday Jul 18 | via NorthJersey.com
The number of New Jersey home repossessions by lenders has soared in the past two years and is on track to increase again in 2015, in sharp divergence to the national trend. Completed foreclosures, where banks and mortgage companies have taken the homes, climbed 34 percent in the state last year, to about 5,780, after an 11 percent surge in 2013, according to The Record's analysis of RealtyTrac data. Comment?
Thursday Jul 16 | via Business Journal
Fueled largely by troubled Atlantic County, New Jersey foreclosure activity in the first half of 2015 increased 24 percent from a year ago. AC's housing market was enough to boost the state's foreclosure rate to second highest nationwide, trailing just Florida, according to data from Irvine, Calif.-based RealtyTrac, which tracks foreclosure data across the country. Comment?
Monday Jul 6 | via Insurance Journal West
About 15,600 rental units in New Jersey sustained severe damage during the hurricane, forcing thousands of renters out of their homes. These newly homeless tenants quickly learned that they were priced out of the majority of available rental homes that survived the storm. Comment?
Thursday Jul 2 | via Go Local
NARPP identified traditional consumer punching bag, Bank of America , as the company with the best retirement plan out of the 18 they studied. BOA projects that nearly 80% of their plan participants started or increased contributions to the plan last year. Comment?
3 min ago | via SFGate
In this July 16, 2015, file photo, Federal Reserve Chair Janet Yellen prepares to testify before the Senate Banking Committee on Capitol Hill in Washington. Federal Reserve policymakers meet Wednesday, July 29, 2015, to set interest rates and release a statement. Comment?
4 min ago | via NAFCU
NAFCU Vice President of Legislative Affairs Brad Thaler thanked the leaders of the House Financial Services Committee for their successful mark-up of several regulatory relief measures, which concluded Wednesday, and urged lawmakers' continued support of the NAFCU-backed bills. "We appreciate the committee's dedication to furthering credit union regulatory relief and for advancing these important measures," Thaler said. Comment?
10 min ago | via Martinsburg Journal
As so often is the case, good news about the economy is being reacted to by some economists and politicians who fear it will not last. The housing market, one of the key factors in our economy, seems to be booming. Comment?
21 min ago | via The Orlando Sentinel
Orlando's housing market ranked among the highest in the nation for underwater houses and financially toxic foreclosures during the second quarter, a new study shows. For homeowners who still owe more on mortgages than their houses are worth, prospects will get dimmer in the next year for them to sell and get a price high enough to at least break, said Daren Blomquist, vice president for RealtyTrac. Comment?
25 min ago | via The Day
Mike Holmes, left, and Mike Holmes Jr., right, supervise contestants Ricky, rear, and Ben, front, in the "No Place Like Holmes" episode of "Home Free" on FOX. Mike Holmes, famous for calling out bad plumbing, woodworking and electrical work on the HGTV show “Holmes on Homes,” says there are steps homebuyers can take to avoid many of those problems. Comment?
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