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News :

Of course, China is slowing more than the data lead you to think
Business Insider
Also Sprach Analyst is a website on global finance and economics with a special focus on China and Hong Kong economy, finance, and real estate. Anyone who has the experience in working with Chinese economic data would be frustrated by the ways data are ...



Counting down Grexit: money printer preparing to print drachma
Business Insider
Also Sprach Analyst is a website on global finance and economics with a special focus on China and Hong Kong economy, finance, and real estate. Now, it looks like we can start counting down now. I have already noted that the street consensus has ...



American Realty Advisors Announces the Acquisition of Class A Apartment ...
Business Review USA (press release)
GLENDALE, CA--(Marketwire - May 18, 2012) - American Realty Advisors, a leading provider of real estate investment management services for institutional investors, announced today the acquisition of Portofino at Mercer Crossing, a 224-unit, ...

and more »


Housing: Condo owners, buyers stand to benefit from revisions to FHA rules
Arizona Daily Star
According to condominium experts, realty agents, lenders and builders, FHA's rules have become overly strict and have cut off unit buyers from their best source of low-cost mortgage money, thereby frustrating the real estate recovery that the Obama ...



Indian-American Elected to City Council in Texas
INDOlink
35-year-old Gandhi, elected to an 'At Large' seat on the the Sugar Land City Council, received 2468 votes (52.11%) while Naomi Fulan Lam, a real estate broker, was in second place with 1525 votes (32.20%). Houston Community College administration and ...

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TJMaxx to open its doors Sunday
BlueRidgeNow.com
By Mark Schulman After months of construction, TJMaxx will open its doors at the Blue Ridge Mall on Sunday, said Carrie Garfield, the company's real estate spokesperson. Grand opening hours are from 8 am to 8 pm, and customers can expect to see a ...

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Josh Stein Realtor And SEO Miracle Partner Again To Create Daily Miami Beach ...
DigitalJournal.com (press release)
Since Miami Beach condos belong to some of the most attractive condos in the world, buyers that are interested in purchasing a Miami Beach condo should pay close attention to Miami real estate news centre. Josh Stein is a local real estate agent who ...



Bank of America offering up to $30000 for short sales
OCRegister
Cathy Haney is a real estate broker who grew up in and now lives and works in Irvine. She can be reached at cathyhaney@firstteam.com or 949-679-1101. Short sales allow the banks to reclaim possession of properties far more quickly than the foreclosure ...



Manhattan Las Vegas Condo Listings Now Available via LREP Mobile and ...
DigitalJournal.com (press release)
Luxury Real Estate Partners today announced a partnership with Smarter Agent to provide Manhattan Las Vegas Condo listings on smart phones and tablets. The app includes Manhattan Las Vegas Condos for sale and lease and includes property details ...

and more »


2 Costa Rica Real Estate's Jaco Broker Joins the Overseas Radio Network as one ...
DigitalJournal.com (press release)
They cover topics such as global asset protection, offshore banking and brokerage accounts, medical tourism, real estate opportunities, legal residency and second citizenship. This network has grown serious legs and garnered thousands of subscribers in ...



KSDK

Local woman sentenced for scamming Hawaiian homeowners
KSDK
St. Louis (KSDK) - A St. Louis woman has been sentenced for scamming more than 80 people in Hawaii. Marien Brown was sentenced to 18 months in prison and ordered to pay $250000 in restitution for falsely operating a "mortgage rescue" service.

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KMOX.com

Local Woman Sentenced Involving Mortgage Foreclosure Scam
KMOX.com
Brown researched and identified groups of vulnerable homeowners in Hawaii that were one or more mortgage payments behind, or were in imminent risk of home foreclosure, and sent out a large number of unsolicited mailings to prospective clients claiming ...

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Wentzville Woman Sentenced in $250000 Credit Scam
Patch.com
Brown researched and identified groups of homeowners in the state of Hawaii that were one or more mortgage payments behind, or were in imminent risk of home foreclosure. She then sent out a large number of unsolicited mailings to prospective clients ...

and more »


Federal Lawmakers Should Curb Excesses at Government-Backed Banks and Protect ...
Hawaii Reporter
The primary mission of the CFPB is to protect consumers when dealing with financial institutions, whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

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Hawaii's average credit card debt declined 4% in April
Bizjournals.com
Hawaii homeowners had the highest mortgage debt in the nation in April, with an average of $310199, CreditKarma.com said. California had the second highest mortgage debt at $303745, while West Virginia residents had the lowest average mortgage debt at ...

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Mississippi ($4232), Louisiana ($4504) and Alabama ($4811) have the least amount of credit card debt while Connecticut ($6876), Hawaii ($7090) and Alaska ($7096) have the most. Montana paid down its credit card debt the most at 11% to $5572.

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Credit Karma: Card and mortgage debt down, but so are scores
Bizjournals.com
In California in April, the average consumer had $5674 in credit card debt, $303745 in mortgage debt (higher than any state except Hawaii, with $310199), $15439 in auto debt, $29069 in student loans and a typical credit score of 676.

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Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »

News :

Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Vermont, Connecticut, Pennsylvania, Minnesota, Mississippi, Alabama and Oregon have not announced how they are using the funds. I can tell you that Vermont's budget is sort of under control, the way it usually is (we always assume we need wiggle room ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Business Review USA (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Va panel hears mortgage exec's appeal
KTTC
More >> Some residents of the Quebec town of Stanstead are upset about plans in Vermont to erect two industrial-size wind turbines just south of the border. One would be about 1000 feet from some Canadian and Vermont homes.More >> Some residents of the ...

and more »


Va panel hears mortgage exec's appeal
KATV
More >> Some residents of the Quebec town of Stanstead are upset about plans in Vermont to erect two industrial-size wind turbines just south of the border. One would be about 1000 feet from some Canadian and Vermont homes.More >> The winds blowing ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
Oklahoma (12%), Wyoming (11%) and Idaho (9%) paid down their student loan debt the most while Vermont (8%), Utah (7%) and Delaware (7%) saw the biggest increases. Mississippi ($4232), Louisiana ($4504) and Alabama ($4811) have the least amount of ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
Marketwire (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
MarketWatch (press release)
Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5650 and the average mortgage debt decreasing 3% to $166631. Consumers in eight states decreased their mortgage by more ...

and more »


vtdigger.org

Digger Tidbits: Let the games begin
vtdigger.org
Wilton, a UVM grad and native Vermonter, has worked in the banking industry as a mortgage loan originator and as an adviser for the Vermont Small Business Development Center. Pearce, for her part, has never run for office. She was appointed as state ...

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TransUnion: National Mortgage Loan Delinquency Rates Hit Lowest Level Since 2009
SYS-CON Media (press release)
CHICAGO, IL -- (Marketwire) -- 05/09/12 -- The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) declined for the first 3 months of 2012, coming in at 5.78%. This improvement ends 2 quarters of increases that began in ...

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TransUnion: National Mortgage Loan Delinquency Rates Hit Lowest Level Since 2009
MarketWatch (press release)
CHICAGO, IL, May 09, 2012 (MARKETWIRE via COMTEX) -- The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) declined for the first 3 months of 2012, coming in at 5.78%. This improvement ends 2 quarters of increases that ...

and more »


FHA Mortgages For Condos : Guidelines About To Loosen?
The Mortgage Reports
For buyers of condominiums in places like Chicago, Illinois; New York City, New York; or Minneapolis, Minnesota, the FHA's popular 3.5% low-downpayment mortgage program has been elusive. Because of the FHA's strict condo requirements, few buildings are ...

and more »


Investing Answers

10 States with the Most Seriously Delinquent Mortgages
Investing Answers
As a result, Arizona has the second highest percentage of mortgages that are underwater at 48% -- just behind national leader Nevada. That has prompted many Arizonans to walk away from their mortgage payments. 5. Illinois -- 7.87% of outstanding ...



Illinois third in foreclosures despite national improvement
Morris Daily Herald
By Mary Ellen Podmolik ? Chicago Tribune (MCT) ? Foreclosure starts in Illinois are on par with those in other areas, but the state's court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of mortgage ...

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Foreclosures in Illinois bogged down
Chicago Tribune
Foreclosure starts in Illinois are on par with those in other areas, but the state's court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of mortgage loans on one- to four-unit residential properties ...

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Illinois Swamped With Foreclosures
Progress Illinois
The Prairie State is third in the nation when it comes to mortgages in foreclosure, with 6.9 percent of all Illinois home loans in foreclosure, according to Mortgage Bankers Association data. The figure is largely due to a woefully backlogged ...

and more »


Foreclosures: Illinois 3rd Despite National Improvement
HispanicBusiness.com
oreclosures starts in Illinois are on par with those in other areas but the state's court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of all one-to-four-unit mortgage loans in Illinois were in ...

and more »


US Mortgage Delinquency Rate Falls To Lowest Since 2008
Financial Advisor Magazine
(Bloomberg News) The US mortgage delinquency rate declined in the first quarter to the lowest level since 2008 as an improving job market helped more borrowers pay their bills and tighter lending standards resulted in fewer defaults.

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Judicial States Continue to Skew Foreclosure Statistics
Mortgage News Daily
by Jann Swanson There were substantial improvements in delinquency rates during the first quarter of 2012 according to the National Delinquency Survey for the period released this morning by the Mortgage Bankers Association.

and more »


Chicagoist

Illinois Third Worst State For Foreclosures
Chicagoist
New data released Wednesday shows while the national foreclosure rate is the lowest its been since 2008, Illinois ranks third from the bottom with almost 7.5 percent of all mortgage loans in delinquency. According to the Mortgage Bankers Association's ...

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Mortgage Delinquency Rate in U.S. Falls to Lowest Since 2008
San Francisco Chronicle
May 16 (Bloomberg) -- The US mortgage delinquency rate declined in the first quarter to the lowest level since 2008 as an improving job market helped more borrowers pay their bills and tighter lending standards resulted in fewer defaults.

and more »