Amsterdam Real Estate

Featured Article

• Top 7 Foreclosure Stories of Past Year

  Jun 19, 2008 | via Realty Trac 

  The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...

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  Related Topix: Financial Services, Housing, Foreclosures, Home, Mortgage

Local Headlines

• Six Indicted in Ohio Mortgage Fraud Scheme

  Friday Jul 11 | via National Mortgage News 

  Agencies participating in the Dayton Mortgage Fraud Task Force recently arrested six current or former Dayton-area residents accused of operating an extensive mortgage fraud scheme affecting 210 residential ...

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  Related Topix: Montgomery County, OH, Foreclosures, Cleveland, OH, Cleveland Metro, Cleveland Metro

• Rising prices may dim the lights

  Jun 8, 2008 | via The Gazette 

  Since the federal Home Energy Assistance Program closed down in May, an average of 10 people a week are seeking help with unpaid utility bills from SCAP's Community Crisis Network.

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  Related Topix: Home, Mortgage, Albany Metro, Schenectady, NY

• Pa. suing Berks Co. firms in 'Ponzi' case

  May 23, 2008 | via Philly.com 

  More than 700 Pennsylvania consumers lost $40 million in a mortgage scheme that collapsed during last year's credit crunch, according a consumer protection lawsuit filed today in Berks County by State Attorney ...

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  Related Topix: Home, Mortgage, Berks County, PA, Chester County, PA, Montgomery County, PA

• Falkland Apartments in Silver Spring face historic review

  May 19, 2008 | via Washington Business Journal 

  Joanne S. Lawton Men with plans: Michael Eastwood, left, and Donald Hague of Home Properties want to replace part of their Silver Spring property with new apartments and retail but historic interests may halt ...

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Real Estate, Home Properties of New York, Silver Spring, MD, Montgomery County, MD

• County kills plan to raise mortgage.....

  Apr 23, 2008 | via Gloversville Leader-Herald 

  ' The Montgomery County Board of Supervisors on Tuesday rejected a proposed increase in the county mortgage tax.

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  Related Topix: Montgomery County, NY, Canajoharie, NY, Home, Mortgage, Amsterdam, NY

Regional Headlines

• National City posts $1.76 billion loss for quarter

  7 hrs ago | via Lansing State Journal 

  NEW YORK - Regional bank National City Corp. on Thursday reported a $1.76 billion loss for the second quarter, as mortgage loans soured and it took a big charge related to previous acquisitions.

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  Related Topix: New York, Home, Mortgage, National City Corporation, Banking, Financial Services

• Irwin to sell home equity loans for $1B

  1 hr ago | via IBJ.COM 

  Columbus-based Irwin Financial Corp. said late yesterday that it has struck a deal to sell $1 billion of home equity loans to a New York firm and to securitize an additional block of loans with the same firm.

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  Related Topix: New York, Irwin Financial, Banking, Financial Services, Home, Mortgage

• For the Record: News and Notices from Local Elected OfficialsJuly 24, 2008

  12 hrs ago | via The Brooklyn Daily Eagle 

  Assemblywoman Janele Hyer-Spencer , Assemblyman Michael Cusick and Assemblyman Matthew Titone announced the Assembly passed legislation addressing the subprime mortgage crisis and providing some assistance to ...

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  Related Topix: Subprime Mortgage Crisis, Home, Mortgage, Mortgage, Personal Finance, Foreclosures, New York

• Fed Report Portrays Grim Economy

  21 hrs ago | via Realtor Magazine 

  The Federal Reserve's Beige Book report for the latest six-week period portrays the economy as increasingly weak across most of the U.S. All 12 districts reported slower home sales, continuing big inventories ...

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  Related Topix: Housing, New York, Mortgage, Home

• National City Rises as Chief Executive Says Bank Has `Sufficient Capital'

  22 hrs ago | via Bloomberg 

  National City Corp. rose as much as 11 percent in New York trading after Chief Executive Officer Peter Raskind said the bank, Ohio's largest, has enough capital to survive the credit-market contraction.

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  Related Topix: New York, Home, Mortgage, Mortgage, Personal Finance, National City Corporation, Banking, Financial Services, IndyMac Bancorp

National Headlines

• Foreclosures Up 121% From Last Year

  3 min ago | via WSRS-FM Paxton 

  Home foreclosure filings rose 14 percent in the second quarter, the eighth consecutive quarterly climb, and more than doubled from the same period a year-earlier, real estate data firm RealtyTrac said on ...

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  Related Topix: Florida, OH, Foreclosures, Home, Mortgage, Mortgage, Personal Finance, Housing

• N.H. home sales off sharply in first half of '08

  4 min ago | via The Citizen 

  Meantime, the median sales price fell 8 percent, the New Hampshire Association of Realtors said Thursday.

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  Related Topix: Housing, Real Estate, Foreclosures

• 30-year mortgage rates rise in US

  5 min ago | via Houston Home-Journal 

  Mortgage rates have risen in the US over the past week with 30-year mortgages climbing to the highest level in nearly a year.

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  Related Topix: Mortgage, Personal Finance, Home, Mortgage

• US home foreclosures rise

  5 min ago | via BBC 

  The number of US homes in some stage of foreclosure more than doubled between April and June from the previous year.

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  Related Topix: Foreclosures, Mortgage, Personal Finance, Home, Mortgage

• Housing rescue on track to pass Senate by Saturday

  6 min ago | via Ann Arbor News 

  The Senate has cleared the last hurdle to passing a massive housing rescue bill.

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  Related Topix: US Politics, US News, 2008 Presidential Election, George Bush, Foreclosures, Mortgage, Personal Finance