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David E. Tucker Named President of PHH Mortgage

PHH Corporation today announced that David E. Tucker has been appointed President of PHH Mortgage Corporation , the Company’s mortgage origination and servicing subsidiary.

ETF Spotlight: Real Estate Investment Trusts (REITs)

ETF Spotlight on Vanguard REIT Sector ETF (NYSEArca: VNQ) , part of an ongoing series. Assets : $25.2 billion. Objective : The Vanguard REIT Sector ETF tries to reflect the performance of the MSCI US REIT ...

REPEAT-Mortgage Debt Hindering Retirement Planning: BMO Study

TORONTO, ONTARIO-- - BMO Financial Group released a study today indicating that many Canadian homeowners are feeling the pinch of balancing mortgage responsibilities with saving for retirement.The survey, ...

UK mortgage lending falls to 12-month low

Gross mortgage lending in the UK slumped in April to a 12-month low after incentives for first-time buyers were withdrawn on March 24th.

Fractional Real Estate Ownership: Getting a Slice of a Vacation Home

A new breed of vacation home ownership is gaining steam that allows individuals to share ownership of a property. Here’s what interested buyers need to know before signing up.

Spirit Finance Changes Name to Spirit Realty Capital

Spirit Finance Corporation, a self-administered and self-managed real estate company, today announced that it has changed its name to Spirit Realty Capital, Inc., effective immediately.

Owner told to cut grass and clean up Sellers Avenue property

The owner of property at 307 West Sellers Ave in Ridley Park got a dressing down at borough council's meeting May 15 by council president Bob Berger after he told council he did not receive a letter telling him to cut the grass on the property.

Retail Real Estate Set for Rebound

Fueled by luxury retailers and discount retailers such as dollar stores, the retail real estate sector is poised to experience increased leasing and improving fundamentals in the s

TALCOR Changes Name to NAI TALCOR

TALLAHASSEE, Fla., May 21, 2012 /PRNewswire/ -- TALCOR Commercial Real Estate Services, Inc. has become an official member of the NAI Global network, changing its name to NAI TALCOR. NAI Global manages ...

Commercial real estate transfers, May 21

DOUGLAS

Investcorp acquires 1,000+ unit multifamily portfolio in Houston

NEW YORK, May 21, 2012 /PRNewswire/ -- Investcorp's US-based real estate arm today announced it has acquired an interest in a portfolio of four multifamily properties in Houston, Texas.  The acquisition ...

ClosingCorp Enhances SmartGFE Service and SmartGFE Calculator Functionality

ClosingCorp, a leading provider of residential real estate closing cost data and technologies for mortgage lenders, real estate professionals and consumers, announced today it has added new functionality to its SmartGFE® Service and SmartGFE® Calculator related to reissue rates.

Best of the Best in Property Management

TORONTO, May 21, 2012 /CNW/ - The Building Owners and Managers Association of the Greater Toronto Area (BOMA Toronto) celebrated building and management excellence at its 14th annual awards gala at the ...

£1.6m flood work protects homes

Work finishes on a £1.6m flood relief project to property over 220 homes and businesses in a Conwy town.

3 Consecutive Quarters of Mortgage Employment Growth

DALLAS, May 21, 2012 /PRNewswire/ -- Mortgage industry staffing has expanded each of the past three quarters, according to the First-Quarter 2012 Mortgage Employment Index from Mortgage Daily.Hirings outpaced ...

Mortgage lending at 12-month low

Mortgage lending fell to a 12-month low in April as the market suffered a hangover from the ending of a tax concession for first-time buyers.

Mortgage lending slumps by 19pc

Gross mortgage lending fell by 19pc to £10.2bn in April, according to the Council of Mortgage Lenders.

Mortgage lending falls to 12-month low in April

Mortgage lending fell to a 12-month low in April as the market suffered a hangover from the ending of a tax concession for first-time buyers.

Mortgage lending slumps 19pc

Gross mortgage lending fell by 19pc to £10.2bn in April, according to the Council of Mortgage Lenders.

Delhi shelter homes to become all weather homes

New Delhi, May 21 (ANI): Shelter homes in Delhi are being upgraded to make them all-weather homes so as provide a roof to the homeless during summer and rains as well.

Saratoga County property transactions published May 21, 2012

These property transactions were filed with the Saratoga County Clerk’s Office from May 8 to May 14. Property transactions list seller, buyer and transfer tax. Specific addresses are supplied when available. The following are listed by town in the form of seller, buyer and purchase price.

Joint property ownership isn't a hurdle to tax benefit

If property is purchased by one person, he/she will get the full tax exemption. If bought together, proportionate exemption is allowed

ADB recommends mortgage insurance for Thailand

Bangkok (The Nation/ANN) - A recent Asia Development Bank (ADB) report said that Mortgage Insurance will be a useful, but not an essential, feature of the Thai mortgage market.

Swiss tourist regions outvoted in holiday homes upset

High in the Swiss alpine village of Salins, plans are afoot to build a new hotel and residence complex catering to the hordes of skiers who flock to the resort each season.

New homes provide space for extended family

Builders across the country are beginning to respond to a demand for multigenerational housing where aging parents are living with their children or adult children move back in with their Baby Boomer parents.

Industry Leader Joe Harbert Joins Colliers International

Commercial real estate giant adds strong leadership in New York and Eastern RegionSEATTLE and NEW YORK, May 21, 2012 /PRNewswire/ -- Colliers International announced today that Joseph Harbert, a highly ...

Realtor board marks 50th anniversary

This month marks 50 years of service of the board, which originally started as a handful of brokers meeting at a restaurant discussing properties and prices over a meal.

Commercial real estate gains bypass ABQ

The Albuquerque metro area appears to be missing out on a trend of very gradual improvement in comme ...

Three property owners have paid over €30,000 in household charges

THREE PROPERTY owners have paid between €30,000 and €40,000 through multiple liabilities for the controversial €100 household charge, Minister for the Environment Phil Hogan has confirmed.

Asia Stocks to Watch: Analysts warm to Singapore property stocks

While some see Singapore’s property market as too hot to handle, several analysts argue there’s still money to be made for the long-sighted equity investor.

Lawyers prey on foreclosure-facing homeowners in San Fernando Valley and beyond

Paulette Breen sensed something was wrong when her home loan modification made her mortgage payments more expensive. Suspecting fraud, the Van Nuys resident hired a lawyer to sort things out. That only made things worse.

JPMorgan’s Home-Loan Debt in Europe Increases Anxiety: Mortgages

JPMorgan Chase & Co. (JPM) ’s holdings of home-loan bonds from outside the U.S. soared 35-fold in the past three years. Now, with its chief investment office facing scrutiny after a $2 billion trading loss, investors are raising concern the European market’s biggest buyer will pull back.

ADB report recommends mortgage insurance for Thailand

A recent Asia Development Bank (ADB) report said that Mortgage Insurance will be a useful, but not an essential, feature of the Thai mortgage market.

Community Property and Creditor-Debtor Law Explained

Folks considering asset protection in any of the nine states (AZ, , ID, LA, NV, NM, TX, WA, WI) that have Community Property laws ??are often mystified and confused by what it all means. At least as it relates to creditor issues, Community Property is actually pretty easy to understand if you think of it ...

Homes.org Analyzes Major Findings in the April Housing Starts Report

Homes.org reports on the state of the U.S. real estate market and forecasts what the market is likely to do in the coming months. Analysis includes the types of homes that are being built, comparisons to previous years and how the different regions of the country compare to one another.(PRWEB) May 20, 2012 The latest Homes.org real estate report analyzes data found in the Commerce Department ...

Chinese premier vows to maintain property controls

BEIJING (Reuters) - China's premier reiterated calls on Sunday for the country to maintain its campaign to cool down its property market, a series of controls on credit and purchases that have begun to ...

Agency wants to make home loan fees easier to grasp

If you're as busy as I am, asking you to weigh in on yet another request for comment from the Consumer Financial Protection Bureau is likely to be greeted with a well-understood “humph.”

Realtor property attached

The purpose of our action is to mount pressure on the absconding officials to surrender before court and face trial in the realty scam that has shattered the dreams of many people who hoped to own houses in the city."

Homes.org Published Mortgage Rates Update – Rates Drop Below 4%

The Homes.org weekly mortgage rate report helps buyers and sellers keep updated on what is happening with mortgage interest rates across the nation. The report provides details on what’s impacting today's mortgages - the latest economic activity, current average rates and forecasts for what's likely to happen in the mortgage market.(PRWEB) May 19, 2012 Homes.org mortgage report is delivering ...

Report: Fewer US homes foreclosed upon in April

Report: Fewer US homes foreclosed upon in April Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 12:37 a.m., Thursday, May 17, 2012 Last year, foreclosure activity, as measured by the number of homes receiving foreclosure-related notices, slowed sharply as lenders grappled with allegations ...

Iowa City earns spot on Realtor.com list

Realtor.com, the official site of the National Association of Realtors, released its Top Turnaround Towns report based on year-over-year comparative data from the first quarters of 2012 and 2011. Iowa City came in at No.

Naples Realtor arrested on child porn charges

A Naples Realtor was arrested and charged with two counts of possession of child pornography Thursday.

Realtor News for May 20, 2102

Realtor news

Grant Funds Help Habitat for Humanity Victoria Place Three Families Into New Homes

VICTORIA, Texas -- NewFirst National Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $19,267 Affordable Housing Program (AHP) grant to Habitat for Humanity Victoria (HFHV) to provide ...

Union Bank cuts home loan rates

Union Bank of India today slashed interest on home loans to its base rate in select case.

New Lenox man honored as Realtor of Year

Leo Koulouris of New Lenox, who recently was named Realtor of the Year by the Three Rivers Association of Realtors, received special recognition for his award during the annual Illinois Association of Realtors banquet in Springfield. Koulouris, who is broker/owner of RE/MAX All Properties, was the 2010 President of the Three Rivers Association of Realtors. Over the past 10 years, he has served ...

TSB Bank Leads the Way with Home Loan Rate Reductions

TSB Bank has today moved to cut its two-year fixed-term mortgage interest rate to 5.5% p.a, making it the lowest rate now on offer. The bank has dropped its two-year fixed rate by 28 basis points. Earlier in the week TSB Bank dropped its one-year fixed-term interest rate to 5.2% p.a.

80 homes evacuated near blaze in northern Colorado

Authorities ordered mandatory evacuations Thursday of dozens of homes close to a wildfire blazing near a scenic canyon in northern Colorado, even going door to door to warn residents of impending danger.

Realtor.com: Springs market is stabilizing

Colorado Springs was the 54th most searched real estate market in the country on Realtor.com in April. The ranking was higher than the 55th place the city had in March. The higher numbers, combined with falling inventory figures, rising list prices and rising sales prices indicate that the real estate market in Colorado Springs is [...]

Federal Home Loan Bank of New York Declares a 4.50% Dividend For the First Quarter of 2012

NEW YORK, May 17, 2012 /PRNewswire-USNewswire/ -- The Federal Home Loan Bank of New York ("FHLBNY") is pleased to announce that, on May 17, 2012, its Board of Directors ("Board") approved a dividend rate for the first quarter of 2012 of 4.50% (annualized). The FHLBNY's dividend rate for the fourth quarter of 2011 was 5.00%. The dollar amount of the first quarter of 2012 dividend will be ...
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