Rochester Real Estate News
Real Estate news for Rochester, MI continually updated from thousands of sources.
Feb 24, 2017 | via ABC15.com
A prominent realtor in Michigan has been caught in a disturbing breach of ethics. He's accused of having sex with a married woman in several homes he had listed for sale. Comment?
Feb 23, 2017 | via WXYZ
A prominent realtor in the posh Grosse Pointes has been caught in a disturbing breach of ethics; having sex with a married woman in several homes he had listed for sale. A complaint was filed with the state against him by the jilted husband who now believes the realtor got a sweetheart deal that has just been made final. Comment?
Sep 27, 2016 | via Michigan Radio
Macomb County resident Julie Baumer volunteered to care for her sister's unwanted baby thirteen years ago. She was a 27-year-old mortgage broker who was engaged to be married and had a full life, but she didn't want the little boy to be put up for adoption. Comment?
Thursday Apr 20 | via State of Michigan
To address the mishandling of Michigan consumer escrow accounts and a deficient financial condition, the Michigan Department of Insurance and Financial Services has issued a cease and desist order to Ocwen Loan Servicing, LLC. The order prohibits further violations of the Mortgage Broker, Lender, and Servicer Licensing Act. "Ocwen has a history of issues involving improper servicing and handling of escrow accounts," said DIFS Director Patrick McPharlin. Comment?
Thursday Apr 13 | via MLive.com
Despite a continuing demand, new housing starts leveled off in West Michigan for the first quarter of 2017, according to Builder Track Reports. In Kent County, builders started 249 new single family houses in the first three months of the year, down 5 percent from last year's level of 262 housing starts. Comment?
Mar 24, 2017 | via Customer Interaction Solutions
First American Financial Corporation , a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the First American Loan Application Defect Index for February 2017, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. The Defect Index reflects estimated mortgage loan defect rates over time, by geography and by loan type. Comment?
Mar 21, 2017 | via MLive.com
Developers who plan to sink $12 million into redeveloping the 125-year-old Crapo building in downtown Bay City have secured a tax break they say is critical to the project's feasibility. At its meeting Monday, March 20, the Bay City Commission unanimously approved a Brownfield Plan for the building at the northwestern corner of Center and Washington avenues, now named The Legacy. Comment?
Mar 11, 2017 | via Michigan Radio
An additional 650,000 low-income people have been able to get health care through Michigan's Medicaid expansion , with the federal government picking up most of the tab. However, a Republican plan to replace the Affordable Care Act would change how funding for the program is doled out. Comment?
8 min ago | via Silicon Alley Insider
In her new book, " What If It Does Work Out? ," Susie Moore interviewed James Altucher about why you should work for yourself. Susie: What facts do you tell people who still believe in the old world order , single paycheck)? So I don't tell people when I think they are wrong. Comment?
11 min ago | via Phillymag.com
For Tod Keating's clients, the journey to that first home begins with a dinner date they'll definitely remember. But a real estate agent in the northern suburbs drew the parallel. Comment?
12 min ago | via The Real Deal
New York City's residential market kicked off 2017 on a high note, with $12.3 billion worth of sales, up 15 percent from the prior year, according to a report from the Real Estate Board of New York. Despite the fears of a luxury slowdown contaminating the market, condominium prices in Manhattan, Brooklyn and Queens hit new records in the first quarter of 2017, pushing the city's overall average sales price up 12 percent to $1.02 million. Comment?
19 min ago | via Reuters
April 24 Canada's Home Capital Group Inc said founder and former CEO Gerald Soloway will step down from the board once a replacement is found, days after regulators accused the company of making "materially misleading statements" to investors. Shares of Canada's biggest non-bank mortgage lender fell as much as 5.7 percent to C$18.15 in morning trading. Comment?
22 min ago | via Sun-Star
THE Cagayan de Oro's long-overdue housing units, donated by the Japan Government, will finally be realized with the ground-breaking ceremony set Tuesday, April 25, in Pahiron, Lumbia village. City Mayor Oscar Moreno on Monday, April 24, said the project is now moving forward after a five-year-old delay, owing to what he called as an "uncooperative City Council." Comment?
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