New City 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

• Vanderhoef orders cuts in county spending

  Yesterday | via Mid-Hudson News 

  Vanderhoef : 'Our residents have had to cut back" NEW CITY Rockland County Executive C. Scott Vanderhoef Thursday ordered all county departments to freeze overtime and relief budgets and cut all non-essential ...

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  Related Topix: New City, NY, Rockland County, NY, Personal Finance, Mortgage

• Business people in the news

  Tuesday Jul 22 | via Journal News 

  Terry Rittenberg, Fort Salonga, has been appointed sales manager of the Dobbs Ferry office of Coldwell Banker Residential Brokerage in Connecticut and Westchester.

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  Related Topix: Fort Salonga, NY, Dobbs Ferry, NY, Housing, University of Colorado System, New City, NY, Wurtsboro, NY

• Failure of mortgage giants would harm everyone

  Saturday Jul 12 | via The Journal News 

  The failure of Freddie Mac or Fannie Mae would make it more difficult to buy, sell or refinance a home.

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  Related Topix: New City, NY, Westchester County, NY, Rockland County, NY, Real Estate, Scarsdale, NY, Home, Mortgage

• Rockland clerk may increase fees for first time since 1978

  Friday Jul 11 | via Journal News 

  After 30 years of unchanged fees, the county clerk's office is looking to charge more money for filing documents.

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  Related Topix: Rockland County, NY, Wesley Hills, NY, Home, Mortgage, Mortgage, Personal Finance, Nyack, NY

• Rockland home prices sink 10 percent

  Wednesday Jul 9 | via Journal News 

  NEW CITY - You needn't tell Paul Meda that the housing market in Rockland County has slowed to nearly a crawl in recent years.

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  Related Topix: New City, NY, Housing, Rockland County, NY

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 ...

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  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.

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  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 ...

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  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.

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  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.

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

National Headlines

• Housing rescue bill heads to Bush for signature

  1 min ago | via Morris Daily Herald 

  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.

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

• Bill heads to Bush for signature

  1 min ago | via WWLP 

  The Senate has overwhelmingly approved a bill aimed at helping thousands of struggling homeowners fight off foreclosure.

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

• Federal Regulators Close Two More Banks

  2 min ago | via X101.5 

  Federal regulators have closed two banks in the West, saying they were undercapitalized due to the poor performance of home mortgage loans.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Reno Metro, Reno, NV

• U.S. Congress approves massive housing bill

  2 min ago | via The Globe and Mail 

  The bill was approved by the Senate in a 72-13 vote. It was passed by the House of Representatives on Wednesday.

  Comment?

  Related Topix: Housing, George Bush, Financial Services, Fannie Mae, US News, US Politics, Home, Mortgage

• Provisions of housing-mortgage relief bill

  2 min ago | via Buffalo News 

  The housing bill that Congress passed Saturday and sent to President Bush would: -Give the Federal Housing Administration $300 billion in new lending authority and relax standards to provide affordable, ...

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