Reserve Real Estate News
Real Estate news for Reserve, NM continually updated from thousands of sources.
Thursday Dec 22 | via National Mortgage News
New Mexico Attorney General Hector Balderas filed a lawsuit in U.S. District Court on Tuesday against a group of California companies and individuals he claims are preying on New Mexicans facing foreclosure. The complaint alleges the companies have violated state and federal consumer protection laws by sending deceptive mass mailings to more than 4,400 New Mexico homeowners offering foreclosure relief and loan modification. Comment?
Wednesday Dec 21 | via KOB-TV
Attorney General Hector Balderas announced Wednesday that his office has filed a federal civil action against a group of individuals and businesses in California who were taking advantage of New Mexicans facing foreclosure. The complaint alleges that the group violated state and federal consumer protection laws by sending deceptive mass mailings to over 4,400 New Mexico homeowners offering foreclosure relief and loan modification. Comment?
Dec 15, 2016 | via Farmington Daily Times
ECHO transitions to new executive director The new ECHO Inc. executive director, Alicia Borrego Pierce, took the reins of the organization about three weeks ago. Check out this story on Daily-Times.com: Sara Kaynor, the outgoing CEO who led the organization for 27 years, will stay on for six months to help with the transition At left, Sara Kaynor, outgoing executive director of ECHO Inc., stands for a portrait beside the organization's new director, Alicia Borrego Pierce, on Thursday at the organization's administrative office in Farmington. Comment?
Nov 4, 2016 | via The Grant County Beat
State Treasurer Tim Eichenberg spoke at the November 3 Chamber of Commerce luncheon meeting held at Western New Mexico University on Thursday. His many credentials include being a county treasurer, past state senator, state property tax director, appraiser, Realtor and numerous other positions. Comment?
Aug 29, 2016 | via National Mortgage News
The pace of single-family home sales in July in New Mexico took a step back, but the median price is still on an upward march, especially in the state's larger counties. That's according to new figures out this week from the Realtors Association of New Mexico, which depict a real estate market where houses in some of the state's more populous counties are increasingly hard to come by during one the most active selling seasons of the year. Comment?
4 min ago | via The Chronicle Herald
Long-term US mortgage rates marked their third week of declines this week, after snapping a nine-week run of increases. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans fell to an average 4.09 for all of 2016, the lowest level recorded from records going back to 1971. Comment?
7 min ago | via The Mecklenburg Times
Homeowners in predominantly black communities are twice as likely to be underwater on their mortgages as homeowners in mostly white communities, according to a new Zillow analysis. Nationally, the negative equity rate in the third quarter of 2016 was 10.9 percent. Comment?
8 min ago | via BBC News
President-elect Donald Trump's choice for treasury secretary, Steven Mnuchin, is defending his record at a Senate confirmation hearing. In an opening statement, he rejected claims his OneWest Bank was a "foreclosure machine" that ruined lives during the housing crash. Comment?
9 min ago | via World News Report
The securities, as detailed in ANNEX A, will be withdrawn from trading effective Feb. 15, 2017. The clearing and settlement of the relevant securities will not be affected by the delisting. Comment?
11 min ago | via Common Dreams
Former Goldman Sachs partner Steven Mnuchin , who President-elect Donald Trump wants to run the U.S. Treasury Department, sits for his confirmation hearing before the Senate Finance Committee on Thursday-one day after Sen. Elizabeth Warren accused him of "grinding families into the dirt" during his time at the helm of " foreclosure machine " OneWest Bank. Under Mnuchin's leadership, OneWest foreclosed on more than 36,000 California families and 24,000 additional households around the country, according to a study of banking data by the Urban Strategies Council, an Oakland-based anti-poverty organization, and the California Reinvestment Coalition, an advocate for low-income areas and communities of color. Comment?
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