Hennepin County approves $1 million from stimulus fo...
21 hrs ago | via Finance and Commerce
As expected, the Hennepin County board voted to accept nearly $1 million in economic stimulus funding Tuesday to expand and enhance the use of foreclosure data to form an a oeearly warning systema for mortgage fraud. Comment?
Hennepin County board to vote on mortgage fraud prev...
Tuesday | via Finance and Commerce
Hennepin County board members were expected to accept nearly $1 million in economic stimulus funding Tuesday to expand and enhance the use of foreclosure data to form an a oeearly warning systema for mortgage fraud. Comment?
Proposed Minneapolis apartment complex files for ban...
Monday | via Minneapolis/St. Paul Business Journal
An apartment complex that had been pitched for the Mississippi River bank near the Guthrie Theater has fallen into Chapter 7 bankruptcy. Comment?
Investors: Let Minnesota lawsuit against Regency's M...
Wednesday Nov 4 | via DesMoinesRegister.com The Des Moines Register Des Moines news, community, entertainment, yellow pages and classifieds. Serving Des Moines, Iowa
Investors in a failed Minneapolis condominium project partly owned by Regency executive James Myers have asked a federal bankruptcy judge for permission to proceed in a civil trial accusing Myers and his Minnesota partners of securities fraud and violation of the state securities act. Comment?
Building permit rise hints at housing uptick
Wednesday Nov 4 | via Star Tribune
The housing market shows signs of improvement, according to two housing reports released Wednesday. Comment?
Beige Book: Midwest economy improving
Monday Nov 30 | via Minneapolis/St. Paul Business Journal
Economic activity in the Upper Midwest continued to improve over the past month, according to the Federal Reserve's Beige Book report. Comment?
Minnesota's banks are bruised, but healing
Wednesday Nov 25 | via Star Tribune
Also the author writes "Another encouraging sign: read more Minnesotaa s banks have dramatically reduced their exposure to construction and development loans...." Well I wonder why???? Their exposure has been reduced because of charge offs and there are no developers doing any construction and land development at this time. Comment?
FDIC: Number of problem banks up 32%
Monday Nov 23 | via Minneapolis/St. Paul Business Journal
Minneapolis / St. Paul Business Journal - by Bryant Ruiz Switzky Washington Business Journal Send this story to a friend The number of institutions on the Federal Deposit Insurance Corp. Comment?
7% of Minn. home loans delinquent
Friday Nov 20 | via Saint Cloud Times
A record number of Minnesota homeowners are behind on their mortgages, and economists expect the rate of delinquencies won't improve until more people return to work. Comment?
National stimulus funds to help many local entities
Friday Nov 20 | via Becker County Record
With the nation teetering on the brink of a major financial collapse, the federal government early this year flooded the nation with stimulus dollars to help the economy recover, and to save or create jobs. Comment?
Line of homeowners forms early for 'Save the Dream' ...
5 min ago | via WFAE-FM Charlotte
A five-day event aimed to help struggling homeowners re-do their mortgages is kicked off this morning in Charlotte. Comment?
Lower rate: NAB applies the heat to Westpac
8 min ago | via The Age
End of year property blues? Interest rates may be on the up but there are still some bargains to be had. Comment?
Connecticut Home Sales Pickup, Prices Continue Decline
8 min ago | via The Hartford Courant
Connecticut's housing market continued to improve in October as home sales had their largest year-over-year gain in five years, a double-digit increase, a new report this morning shows. Comment?
Rivals raise heat on Westpac over loan rate
8 min ago | via The Age
WESTPAC was last night under pressure to reverse some of this week's supercharged interest rate rises across its mortgages as rival banks looked to capitalise on the interest rate furore by taking a softer approach. Comment?
Consumers confident but keep the purse-strings tied
9 min ago | via The Age
RETAILERS are shaping up for a testing Christmas period, as the revival in household confidence collides with rising debt levels and interest rate pressures. Comment?