PHILADELPHIA — With the highly touted federal mortgage-modification program falling short of its target numbers, the government has looked into alternatives to foreclosure and come up with a possible, though not original, solution: The short sale, a transaction in which the lender accepts less than the balance owed on the mortgage.
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Are short sales an option?
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Friday Morning March 12, 2010 7:00 AM to 8:30 AM [TOMORROW]
Usually I post something AFTER I speak, but since I was invited to “guest co-host” (in title only since I’ll have no idea what I am doing) Bloomberg Surveillance tomorrow, I thought I’d give a head’s up. I’ll be on with Ken since Tom will be traveling.
Talking mortgages, housing, mods, short sales, foreclosures. Always fun to be in the studio.
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[In The Media] Bloomberg Surveillance March 12 7AM
Affordable home prices, tax credits for home buyers, historically low interest rates, and a large number of distressed properties prompted many first-time home buyers to enter the market in 2009, according to the CALIFORNIA ASSOCIATION OF REALTORS ‘ 2009-2010 “State of the California Housing Market” report released today.
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First-Time Buyers, Distressed Properties Drove California’s Housing Market in 2009, C.A.R. Reports
A METRO FAMILY JUST MOVED INTO A DREAM HOME….AND IT JUST SO HAPPENS IT’S EASY ON THE ENVIRONMENT.
Attorneys in the dispute over the estate of billionaire shopping mall magnate Melvin Simon have asked a judge to set strict limits on who can see certain documents that are presented as evidence.
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Lawyers in Simon estate dispute seek to make sensitive court documents confidential
A lack of progress on a redevelopment project at the old Filene’s building in downtown Boston has Mayor Thomas Menino angry.
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Menino angry with developer at Filene’s building
A Pennsylvania-based oil and gas partnership has plans to build natural-gas gathering pipelines and compression facilities to service some of Range Resources’ wells on the Marcellus Shale formation.
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Penn Virginia plans Marcellus Shale pipelines
When Mayor Tom Menino got wind of Roth’s comments he fired off a letter calling such a tactic “simply outrageous.” “The notion that you would cause this to occur – not due to financing difficulties or other problems beyond your control, but as an intentional cynical ploy to extract concessions from the public sector – is inexcusable,” the mayor …
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A lesson in hardball
Short line and regional railroad operator Genesee & Wyoming Inc. said Wednesday its traffic fell 9 percent last month from February 2009, mostly due to lower shipments of coal, coke and ores.
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Genesee & Wyoming Feb. traffic falls 9 percent
Short line and regional railroad operator Genesee & Wyoming Inc. said Wednesday its traffic fell 9 percent last month from February 2009, mostly due to lower shipments of coal, coke and ores.
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Genesee & Wyoming Feb. traffic falls 9 percent
Short line and regional railroad operator Genesee & Wyoming Inc. said Wednesday its traffic fell 9 percent last month from February 2009, mostly due to lower shipments of coal, coke and ores.
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Genesee & Wyoming Feb. traffic falls 9 percent
Short line and regional railroad operator Genesee & Wyoming Inc. said Wednesday its traffic fell 9 percent last month from February 2009, mostly due to lower shipments of coal, coke and ores.
More here:
Genesee & Wyoming Feb. traffic falls 9 percent
Short line and regional railroad operator Genesee & Wyoming Inc. said Wednesday its traffic fell 9 percent last month from February 2009, mostly due to lower shipments of coal, coke and ores.
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Genesee & Wyoming Feb. traffic falls 9 percent
The State is Trying to Get Centralia’s Residents to Relocate
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Citizens Fight for Their Rights in Centralia
Despite breaching the Fair Trading Act for misleading a buyer, real estate agent Tim Whitehead left the High Court without a conviction and remains a licenced agent.
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Prosecuted real estate agent escapes conviction
