Byline: Samuel S. Spencer Jr. As a community banker in New Mexico for more than three decades, I am compelled to respond to recent news articles and opinion pieces that overstate the level...
Greccio Housing is preparing to close on two apartment buildings that will increase their inventory of affordable housing by more than 30 percent. Lee Patke, Greccio executive director, said he couldn't discuss specifics...
ACCOUNTING Giambalvo, Stalzer & Co., a Great River accounting firm, announced that George I. Victor and David T. Scheuer were admitted as shareholders of the firm. Victor joined Giambalvo, Stalzer in 2009, establishing...
Investors bought four of the 39 properties that sold at the El Paso County Public Trustee's foreclosure auction on Wednesday. The rest sold back to the original lenders. Field of Dreams Investments purchased...
The average sales price for a home in foreclosure in the New Orleans area from July through September was less than the second quarter price and down from the comparable period in 2010,...
The number of mortgage loans paid off, an indicator of real estate market health, fell 6.4 percent statewide from 2010 to 2011. However, the number of loan payoffs rose from the third to...
NorthMarq Capital announced the following transactions: * Ernest DesRochers and Charles Cotsalas arranged a construction loan in the amount of $3 million for the Garden City Medical Plaza, a 53,038 s/f mixed-use office...
Don't blame the real estate appraiser if it turns out that house you're trying to sell or buy isn't worth what you thought it was. That's the message from the Appraisal Institute, the...
Following are the most expensive foreclosures greater than $200,000 that sold at the El Paso County Public Trustee's foreclosure auction on Wednesday, Jan. 11. They are listed in order of bid amount. Borrower:...
Those shopping for a home this year could encounter an unexpected dilemma: Fewer properties to choose from. About 12,000 homes were listed for sale at the end of December in the nine-county central...
Bankruptcy filings declined in the New Orleans area in 2011, and there are a variety of theories as to why. Tight credit in the business world and consumers still reeling from the downturn...
FOOTHILL RANCH, Calif., Jan. 20, 2012 (SEND2PRESS NEWSWIRE) -- Quandis, Inc., a leading provider of default management mortgage technology solutions, announced that it had a banner year in 2011, spawning significant growth. Quandis...
A Denver lawmaker plans to sponsor a bill this year that aims to require lenders to prove they are the holders of evidence of debt before they foreclose. Rep. Beth McCann, D-Denver, is...
Investors bought seven of the 35 properties that sold at the El Paso County Public Trustee's foreclosure auction on Wednesday. The rest sold back to the lenders. All In Investments LLC. Bought a...
"New Normal" Has Arrived for Buyers, Sellers NATICK, Mass. -- Historically low interest rates, renewed interest by investors, and job growth helped provide modest stability to the real estate market in 2011, according...
Strong Capital Generation With Tier 1 Common Equity Ratio at 9.86 Percent Global Excess Liquidity Sources Remain Strong at $378 Billion, up $42 Billion in 2011 Investment Bank Maintained No. 2 Global Ranking...
Value Companies ended 2011 on a high note with the completion of another community in the New York metropolitan area. The Clifton, NJ-based company recently finished the final buildings at The Point at...
More than 11,000 Central Valley homeowners invited to Stockton for first of seven California Wells Fargo Home Preservation Workshops planned for 2012 STOCKTON, Calif. -- Wells Fargo & Company (NYSE:WFC) is hosting a...
After steady year-over-year rises since Hurricane Katrina, foreclosures dropped in the New Orleans metro area for the first time in 2011. In the New Orleans-Metairie-Kenner statistical area, foreclosures fell 9.37 percent to 7,089...
A private investor group from California has bought the Inver Grove Heights Business Center for $4.4 million from Bloomington-based United Properties. Inver Grove Business Park LLC of Downey, Calif., bought the property from...