St. Clair Shores Real Estate News
Real Estate news for St. Clair Shores, MI continually updated from thousands of sources.
Wednesday | via Silicon Alley Insider
The preliminary accord filed in Manhattan federal court on Tuesday evening resolves claims that Barclays "turned a blind eye" before and after the financial crisis when its traders manipulated Libor to boost profits, and that senior management condoned the deception to enhance Barclays' reputation in the marketplace. Barclays denied wrongdoing in agreeing to settle with plaintiffs led by the Carpenters Pension Trust Fund of St. Louis and the St. Clair Shores Police & Fire Retirement System in Michigan. Comment?
Jun 16, 2015 | via Battle Creek Enquirer
House bill to help wrongly convicted passes unanimously The bill would compensate the wrongly convicted $60,000 for each year they were in prison. Check out this story on battlecreekenquirer.com: http://bcene.ws/1MIw8yB Julie Baumer was forced to give up a lucrative mortgage broker's job, connections with her family and friends, and an impending marriage when she was convicted of felony child abuse of her six-week-old nephew in 2005. Comment?
Jun 3, 2015 | via Mortgage News Daily
There is plenty of dialog and discussion in the lending industry. Certainly some of the conversation involves the fact that, for the popular press, bad news sells. Comment?
Jun 2, 2015 | via TheStreet.com
The lawsuit, filed by Robins Geller Rudman & Dowd on behalf of the City of St. Clair Shores Police and Fire Retirement System, accuses Nationstar of "gouging mortgagors - and illegally enhancing its profits through unsustainable means - via illicit practices, such as charging for repeated, unnecessary inspections, which resulted in additional late payment fees, and by pressuring mortgagors to carry out expensive modifications and refinancing of their mortgages." Nationstar's main business is known as mortgage servicing, in essence collecting mortgage payments from homeowners. Comment?
Oct 12, 2009 | via Examiner.com
Now is a great time to buy your first home. The American Recovery and Reinvestment Act of 2009 authorized a tax credit up to 10% of the purchase price up to a maximum of $8000.00 on a first time homebuyer's primary residence. Comment?
Wednesday Nov 4 | via MLive.com
Former real-estate developer Charles Patrick Gahan was sentenced Wednesday, Nov. 4, to five years, 10 months in federal prison in an $8 million "mortgage-stacking" scheme. Gahan, 52, was remanded to the custody of U.S. Marshal's Service after sentencing by U.S. District Judge Robert Holmes Bell. Comment?
Wednesday Nov 4 | via MLive.com
Charles Patrick Gahan, 52, who has been living in Florida, will join co-defendant Scott Hoeft, owner of Prime Title Services, in the federal Bureau of Prisons for defrauding banks, lenders and real-estate title insurance companies. Hoeft wrote title insurance policies for First American Title and Old Republic National Title Insurance and committed financial fraud against several financial institutions linked to Gahan's residential developments. Comment?
Wednesday Oct 28 | via MLive.com
Ann Arbor's original "tiny house" community just passed a quiet milestone: A listing in Pittsfield Village hit the market this month priced at more than $100,000. The two-bedroom, 695-square-foot tri-level on Parkwood went under contract quickly - reportedly for even more than the $109,000 list price - signaling that Ann Arbor's hot real estate market seems to be reaching every corner of the market. Comment?
Oct 22, 2015 | via Patch.com
With combined assets of more than $1 billion, Level One Bank will become the largest locally owned bank in Oakland County. Level One Bancorp Inc. will acquire Farmington Hills-based Bank of Michigan, also based in Farmington Hills, under an agreement announced Thursday. Comment?
Oct 1, 2015 | via ClickOnDetroit
Starting Oct. 3, new federal rules go into effect that are designed to make the process a little easier. As with any new change, there will be ripple effects and those changes will impact how quickly you are able to buy and sell a home. Comment?
23 min ago | via The Toronto Star
A real estate investment company that once ran a $1-Million Dream Home contest for Toronto FC is facing allegations that its chief executive officer misused investors' money to buy luxury cars, an expensive home and pay himself “excessive” management fees. Titan Equity Group Ltd. and its CEO, Lance Kotton, raised $30.7 million from 335 investors starting in 2011 against three development properties in York Region, the Ontario Securities Commission alleges in court documents. Comment?
35 min ago | via AmericanBankingNews.com
First Savings Financial Group declared a quarterly dividend on Friday, November 20th, Analyst Ratings.Net reports. Investors of record on Friday, December 4th will be paid a dividend of 0.12 per share on Thursday, December 31st. Comment?
41 min ago | via Oxford Mail
Tough love approach: Sir Christopher Ball, former Warden of Keble College, Oxford, and his wife Wendy say they were careful not to spoil their six children MY GENERATION was called the baby boomers after the end of the Second World War. The current generation is known as the boomerangers. Comment?
1 hr ago | via Vancouver Business Journal
On October 3, 2015, the Consumer Financial Protection Bureau implemented the TILA-RESPA Disclosure Rule . Comment?
2 hrs ago | via Daily Mail
House price inflation is easing up, Britain's biggest building society Nationwide has reported, but a dearth of homes for sale continues to hamper the market. Almost A 7,000 has been added to the cost of the average UK home over the past year, according to the Nationwide index, which showed house prices up 3.7 per cent annually, in November. Comment?
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