Norwood Real Estate News
Real Estate news for Norwood, NC continually updated from thousands of sources.
Saturday | via HeraldSun.com
Do you know who any of these people are? If so, please contact the North Carolina Collection at 919 560-0171, [email protected] Photo from the estate of Claude V. Jones, Durham city attorney 1938-1973 Do you know who any of these people are? If so, please contact the North Carolina Collection at 919 560-0171, [email protected] Comment?
Friday Oct 2 | via National Mortgage News
Rebecca Mairone scarcely deserves a mention in the annals of finance, except for this: She's the only executive of a major U.S. mortgage lender found liable for her part in the 2008 financial crisis. Mairone was chief operating officer for a division of Countrywide Financial Corp., the California giant that came to symbolize the excesses of the subprime era. Comment?
Tuesday Sep 29 | via jdsupra.com
When a borrower's default results in a foreclosure sale and purchase of the secured property by the mortgagee lender, can a guarantor's deficiency liability be reduced by the difference between the property's fair market value and its foreclosure sale price? Prior to last year, this question was answered in North Carolina consistently, and overwhelmingly, in the negative. However, the North Carolina Supreme Court conclusively reversed this line of decisions in High Point Bank and Trust Company v. Comment?
Monday Sep 28 | via JD Supra
A question that continually arose during the foreclosure deficiency actions that were spurred by the recent "Great Recession," was whether or not a guarantor on a loan could raise the "defense" offered in N.C. Gen. Stat. Comment?
Monday Sep 21 | via Natl. Relocation & Real Estate
Long & Foster Real Estate has signed a new partnership with China's largest international real estate portal, Juwai.com, to bring homebuyers from mainland China to the Mid-Atlantic and Northeast regions. About Chinese Home-buying in the Mid-Atlantic and Northeast Mainland Chinese real estate buyers, according to the National Association of REALTORSA , make up the largest foreign buyer group in the United States and account for 16 percent of international homebuyers. Comment?
2 min ago | via Business Wire
The Rating Outlook is Stable. A full list of rating actions follows at the end of the release. Comment?
4 min ago | via GantDaily.com
New disclosure rules went into effect in the mortgage world Saturday that require lenders to provide home buyers two new forms that clearly detail their loan terms. "For consumers, it's going to be viewed as an improvement in what can be a somewhat scary and intimidating process in the biggest investment of their life," said David Stevens, CEO of the Mortgage Bankers Association. Comment?
16 min ago | via Curbed
This year is shaping up to be quite a transformative one for Chicago's legendary skyline . The economy has rebounded and the real estate market is red hot with people starting to buy homes again and developers proposing new tower projects for the downtown area. Comment?
17 min ago | via South China Morning Post
Property sales in Hong Kong bounced back modestly last month after a sharp decline in August, but total sales volume was still 31.6 per cent down on September last year, despite incentives from developers. Overall transactions in September rose 5.2 per cent from the previous month to 5,467, with a total sales value of HK$41.4 billion, up 8.6 per cent. Comment?
22 min ago | via Philly.com
Changes designed to make it easier for a borrower to understand the cost of getting a mortgage loan have gone into effect, after a two-month postponement intended to get Realtors and lenders up to speed. Introduced Saturday by the federal Consumer Financial Protection Bureau, the "Know Before You Owe" mortgage-disclosure rule replaces four disclosure forms with two new ones - the Loan Estimate and the Closing Disclosure. Comment?
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