Gloversville Real Estate

Featured Article

• Wachovia Changes The Lending Game

  Wednesday Jul 2 | via Realty Trac 

  With assets of more than $800 billion, Wachovia is the nation's fourth-largest banking institution .

  Comment?

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

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 ...

  Comment?

  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.

  Comment?

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

• Bailout driven by politics

  May 30, 2008 | via Gloversville Leader-Herald 

  Both Republicans and Democrats in Congress are rushing to provide help to Americans who took out mortgage loans they couldn't afford to pay off.

  Comment?

  Related Topix: US News, Mortgage, Home

• 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 ...

  Comment?

  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 ...

  Comment?

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

Regional Headlines

• Fitch Rates $100MM San Diego County (CA) Ser 2008B 'AA/F1+'

  19 hrs ago | via PR-inside.com 

  The long-term 'AA' rating reflects the county's very low debt burden, sound financial operations, and very strong and effective financial and debt policies, as well as concern over the economic and financial ...

  Comment?

  Related Topix: Housing, Real Estate, Financial Markets, New York

• NYC jury convicts former Haitian paramilitary leader in scheme to cheat mortgage lenders

  21 hrs ago | via Newsday.com 

  A Brooklyn jury found Emmanuel "Toto" Constant guilty on Friday of fraud and grand larceny.

  Comment?

  Related Topix: Mortgage, Home, New York

• Irwin shares soar after loan sale

  Yesterday | via IBJ.COM 

  Columbus-based Irwin Financial Corp. shares rose 25 percent this morning, in the first trading session since the company announced late yesterday that it was scaling back its exposure to the battered mortgage ...

  Comment?

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

• N.Y. jury convicts ex-Haitian strongman of fraud

  Yesterday | via Buffalo News 

  A once-feared Haitian paramilitary leader has been convicted in a New York mortgage fraud scheme to cheat lenders out of $1.7 million.

  Comment?

  Related Topix: Mortgage, Home, New York

• National City posts $1.76 billion loss for quarter

  Yesterday | 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.

  Comment?

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

National Headlines

• U.S. Congress passes mortgage aid for 400,000 struggling homeowners

  4 min ago | via Penticton Herald 

  U.S. Congress passed a housing rescue bill Saturday aimed at sparing 400,000 struggling homeowners from foreclosure.

  Comment?

  Related Topix: Foreclosures, George Bush, US Politics, US News, Home, Mortgage, Mortgage, Personal Finance

• FDIC closes First Heritage Bank

  5 min ago | via Taipei Times 

  WILD WEST: The 28 bank branches in Nevada, Arizona and California will reopen as Mutual of Omaha Bank branches X with the full amount of deposits insured AP, CARSON CITY, NEVADA Sunday, Jul 27, 2008, Page 11 ...

  Comment?

  Related Topix: Scottsdale, AZ, Foreclosures, Arizona, Arizona Government

• Housing rescue bill heads to Bush for signature

  5 min ago | via My West Texas 

  Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market that has dragged down the economy.

  Comment?

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

• Congress passes housing rescue bill

  5 min ago | via KATU-TV Portland 

  Congress has passed a housing rescue bill aimed at sparing 400,000 struggling homeowners from foreclosure.

  Comment?

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

• Building wealth : Not yet time to relax

  5 min ago | via The New Zealand Herald 

  Many homeowners and potential buyers may have thought they could breathe a sigh of relief after the Reserve Bank cut the official cash rate last week for the first time in five years.

  Comment?

  Related Topix: Oceania, New Zealand, World News, Mortgage, Home