Oak City Real Estate News
Real Estate news for Oak City, NC continually updated from thousands of sources.
Wednesday Nov 25 | via GlobeNewswire
Federal Home Loan Bank of Atlanta announced today that it has awarded more than $3.8 million to assist in the funding of ten affordable housing initiatives in North Carolina as part of its 2015 Affordable Housing Program . The awarded initiatives, which are located in Asheville, Durham, Eden, Elkin, Greensboro, Lincolnton, Marion, Pittsboro, Wilmington, and Winston-Salem, support the rehabilitation and construction of housing for low- to low-income families, veterans, and homeless, or formerly homeless individuals. Comment?
Tuesday Nov 17 | via The Orange County Register
Mel Watt, a former Democratic congressman from North Carolina, who is Director of the Federal Housing Finance Authority. In May, he authorized a multimillion dollar pay hike to the CEOs of Fannie Mae and Freddie Mac. Comment?
Wednesday Nov 11 | via Sys-Con Media
The report also shows one in every 1,147 U.S. housing units with a foreclosure filing during the month. The 6 percent monthly increase in overall foreclosure activity was caused primarily by a 12 percent monthly jump in foreclosure starts, with 48,605 properties starting the foreclosure process for the first time in October. Comment?
Monday Nov 9 | via jdsupra.com
This week two more legislators joined the group not running for reelection in 2016. Sen. Bob Rucho announced Thursday he is retiring after the 2016 legislative session. Comment?
Thursday Nov 5 | via Dealbreaker
Activist Investor Bill Ackman Plays Defense In recent weeks, the 49-year-old Mr. Ackman has been under siege. Valeant's stock, which once accounted for one-fifth of his fund's holdings, is down 65% since its August high, and Pershing Square has lost about $4 billion in value during that period. Comment?
1 min ago | via AmericanBankingNews.com
Huntington Bancshares was the recipient of a significant drop in short interest in November. As of November 13th, there was short interest totalling 15,635,825 shares, a drop of 11.5% from the October 30th total of 17,673,430 shares, MarketBeat.Com reports. Comment?
3 min ago | via WFFT-TV Fort Wayne
Talk about a bargain. You can buy an entire town in South Dakota for just a bit more than the cost of an average home in the U.S. The six-acre town of Swett, which is 123 miles from Rapid City and close to the Nebraska border, is on the market for $250,000. Comment?
4 min ago | via ABC News
It's December, when Congress typically passes a last-minute package of temporary tax breaks, sparing millions of businesses and individuals from unwanted tax increases just weeks before the start of filing season. This year, lawmakers will have to do it again if they want to avoid the wrath of angry taxpayers at holiday time. Comment?
8 hrs ago | via Sunday Herald
The Funding for Lending Scheme is to be phased out over the next two years rather than halted at the start of 2016. The Bank of England said the scheme, started in 2012 with a focus on mortgages but latterly used to help support small business lending, will be steadily restricted from January. Comment?
28 min ago | via NorthJersey.com
The plan, prepared by Phillips Preiss Grygiel LLC of Hoboken, analyzes Teaneck's demographics and housing stock, noting that its population is aging and that its average rents and housing prices lag behind those of Bergen County as a whole. The document also asserts that Teaneck has provided enough affordable housing for low- to moderate-income residents, and it details what the township believes its future obligation for providing more such housing should be. Comment?
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