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loan mortgage ohioFinally someone with the guts to do a real prediction of the future price drops in South Florida. Unfortunately, even their 30% drops may not be enough. The foreclosure that are going to be hitting South Florida’s housing market in the coming two ... Read more
Report: Home prices in Palm, Broward slated to tank next year - Weblogs.sun-sentinel.comWith the failure of AmTrust Bank may come the end of that name in Ohio. New York Community Bank said today that executives are contemplating changing branches in Cleveland and Akron back to the Ohio Savings name, as they were known for 118 years. The ... Read more
New owner may change AmTrust's name back to Ohio Savings - Cleveland Plain DealerTenants at Park Valley Apartments in Mount Airy, Williamsburg of Cincinnati in Hartwell and Woodbridge on the Lake Apartments in West Chester have filed separate lawsuits claiming that Cuyahoga Falls, Ohio-based Karam Managed Properties has failed ... Read more
Suits seek receiver for apt. complexes - Cincinnati.comCINCINNATI — A former Centerville man was sentenced Thursday, Dec. 10, to 33 months in federal prison for his role in an extensive mortgage fraud scheme that affected 210 residential properties, including 205 in Montgomery County. Julian M. Hickman ... Read more
Mortgage fraud scheme leads to prison for former Centerville man - Dayton Daily NewsDec. 10 (Bloomberg) -- JPMorgan Chase & Co. sold $500 million in securities backed by commercial mortgages without aid from a Federal Reserve program to jumpstart lending, according to a person familiar with the transaction. The five-part offering ... Read more
JPMorgan Sells $500 Million of Mortgage-Backed Bonds (Update2) - BloombergOf all the 40-odd amendments to the massive financial reform bill being considered on the House floor Thursday, a cramdown provision for mortgage holders facing foreclosure is likely to create the greatest noise. CNBC.com Illustration The cramdown ... Read more
In Financial Regulation Debate, A Cramdown Comeback - CNBC(Bloomberg) — Foreclosure filings in the U.S. will reach a record for the second consecutive year with 3.9 million notices sent to homeowners in default, RealtyTrac Inc. said. This year's filings will surpass 2008's total of 3.2 million as record ... Read more
U.S. Foreclosures to Reach 3.9 Million in Second Record Year - BusinessWeekThe Obama administration's embattled mortgage relief plan has provided permanent help to only 4 percent of borrowers who have signed up, weak results that could threaten the housing market's recovery. Among big lenders, Bank of America Corp. had the ... Read more
Gov't mortgage plan provides little permanent help - Akron Beacon JournalTodd Harrison, founder and CEO of Minyanville, has 18 years of experience on Wall Street. After graduating from Syracuse University with honors (1991), he spent seven years on the worldwide equity derivative desk at Morgan Stanley (vice president ... Read more
see what Todd Harrison has written » - MinyanvilleForeclosure filings declined in November in Ohio and the rest of the nation, according to figures released this morning by the foreclosure-information service RealtyTrac. In the month, 10,587 properties in Ohio received some sort of foreclosure ... Read more
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