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Northern California wildfire burns 100 homes

WEED, Calif. (AP) — A fire driven by fierce winds raced through a small town near the Oregon border on Monday, burning a church to the ground, damaging or destroying 100 homes and prompting evacuation orders for at least 1,500 people, authorities said.

Market-leading 1, 2 and 3-year fixed home loan rate

HSBC NZ offers market-leading 1, 2 and 3-year fixed home loan rate of 5.75% p.a.

Northern California wildfire burns 100 homes, spurs evacuations

WEED, Calif. – A fire driven by fierce winds raced through a small town near the Oregon border on Monday, burning a church to the ground, damaging or destroying 100 homes and prompting evacuation orders for at least 1,500 people, authorities said.

HSBC offers 5.75% p.a. home loan rate

HSBC New Zealand, the global bank for New Zealanders, has since the launch of its HSBC Premier proposition in New Zealand in 2008 been committed to providing great service and great value to its Premier customers, including consistently competitive fixed home loan rates. In that vein, HSBC Premier has launched a spring mortgage campaign offering a market-leading- special rate of 5.75% per annum ...

Caring Realtor eased stress of moving for clients

When Joan Rosselle’s out-of-town clients visited Pittsburgh to look for a home, she would go beyond what was necessary to make them feel comfortable. “She ...

Woman duped in trying to refinance home loan

Sibyelle Freiwald tried for a long time to get her home loan refinanced. She got an offer in the mail that claimed to be able to do that.

Realtor accused of $5M mortgage fraud arrested on immigration charges

South Florida Realtor Christopher White was already in trouble. Then, federal authorities said, he made things worse for himself by lying on a citizenship application form.

Columbia Property Trust Files Universal Shelf Registration Statement

Columbia Property Trust, Inc. announced that it has filed a universal shelf registration statement with the Securities and Exchange Commission. The shelf registration statement, which was effective upon filing, provides the Company future flexibility to offer, from time to time, and in one or more offerings, debt securities, common stock, preferred stock, depositary shares, warrants or any ...

Third Avenue Real Estate Value Fund Second Quarter 2014

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Partners Real Estate Investment Trust Announces Distribution of $0.02083 Per Unit

Partners Real Estate Investment Trust is pleased to announce a $0.02083 per Unit distribution for September 2014. The distribution will be paid on October 15, 2014 to unitholders of record as at September ...

First National Mortgage Investment Fund Announces September Monthly Distribution

First National Mortgage Investment Fund Announces September Monthly Distribution

Eastern Property Holdings Limited (EPH): announces plans to issue bonds denominated in USD

15 September 2014, Road Town, Tortola, BVI Eastern Property Holdings Limited announces plans to issue bonds denominated in USD Eastern Property Holdings Limited announces that it intends to proceed, subject ...

Property Group Partners Adds CityPlace Tower to Its Portfolio of Managed Properties

Property Group Partners, formerly Louis Dreyfus Property Group, is pleased to announce their return to south Florida through the addition of CityPlace Tower to its portfolio of man

PREI® hires James Glen as portfolio manager for core US real estate fund

Prudential Real Estate Investors has named James Glen a principal and portfolio manager for its core U.S. real estate fund, the company announced today. PREI®, among the world’s largest real estate investment management and advisory businesses, is a business of Prudential Financial, Inc.

Nobility Homes, Inc. Announces Increase in Sales and Earnings for Its Third Quarter 2014

OCALA, Fla. -- Today Nobility Homes, Inc. (Pink Sheets:NOBH) announced sales and earnings results for its third quarter ended August 2, 2014. Sales for third quarter 2014 were up 12% to $5,346,639 as compared ...

Resmark Establishes Resmark Impact Ventures to Form Joint Ventures with Emerging Real Estate Investment Managers

The Resmark Companies, a full service real estate investment advisor, has launched Resmark Impact Ventures to broaden institutional investors' access to diverse and qualified real estate investment advisors by partnering with and mentoring the field's next generation of leaders.

Property Rights and Property Taxes—and Countries That Don’t Have Them

Do you really own something that you are forced to perpetually make payments on and which can be seized from you if you don’t pay? I would say that you don’t.

Roetzel & Andress Adds Real Estate Attorney Richard L. DiNardo to Chicago Office

Roetzel & Andress, LPA, is pleased to announce that Richard L. DiNardo has joined the firm as Counsel. Mr. DiNardo concentrates his practice in the area of commercial real esta

Canadians’ Real-Estate Exuberance May Be Fading

Canadians’ exuberance about the housing market may be coming back to earth, survey data show.

Northern Property REIT Announces September 2014 Distribution

Northern Property REIT Announces September 2014 Distribution

GTIS Partners Expands Global Footprint with Paris Office Opening and Hiring of Real Estate Veteran, Dietrich Heidtmann

GTIS Partners LP , a real estate private equity firm headquartered in New York City, with offices in Los Angeles, San Francisco and São Paulo, today simultaneously announced the opening of a Paris office and the hiring of real estate investment veteran Dietrich Heidtmann as Managing Director and Head of International Capital Markets to run the office.

How To Invest In The Booming UK Real Estate Market For Under $100

Urbanisation, scarcity of land, rising populations and a growing international appetite for real estate mean that it’s ever harder to buy or invest in British property.  Average London house prices are now 18 times average UK incomes at £499,000 ($800,000) and £27,000 ($43,200) respectively.

Deltec Homes Delivers First Net-Zero Home from Their Renew Collection

ASHEVILLE, N.C., Sept. 15, 2014 /PRNewswire/ -- Deltec Homes, a leading provider of prefabricated energy efficient homes, delivered the first net-zero home from their Renew Collection. Dr. Marie DeVerneil, a professor at the University of Maryland, Baltimore County, first discovered the company in 2012, but it was the launch of their net-zero collection in 2013 that convinced her to purchase a ...

Impac Mortgage Holdings, Inc. Announces Initiative with Macquarie Group Focused on Non-QM Loan Products

Impac Mortgage Holdings, Inc. , announces the launch of a new initiative with Macquarie Group, a global diversified financial services provider, on a major expansion

Central California wildfires force 1,000 residents from homes

On Sunday, a wildfire near Bass Lake forced 400 homes to be evacuated. The Bass Lake fire was one of at least three major fires forcing evacuations in California.

Average Canadian house price rises 5.3% to $398,618

The average price of a Canadian home has increased by more than five per cent in the past year, according to the Canadian Real Estate Association. The realtor group says the average home sold went for $398,618 in August. 

Can You Get a Mortgage With a Low Credit Score?

Have credit issues in your past? You still might qualify for a home loan.

Inland Real Estate Corporation Pays September and Declares October Cash Dividend to Preferred Stockholders

Inland Real Estate Corporation today announced that it has paid a cash dividend of $0.169271 per share on the outstanding shares of its 8.125% Series A Cumulative Redee

Gramercy Property Trust Declares Common Stock Dividend for Third Quarter 2014

Gramercy Property Trust Inc. , a real estate investment trust, announced today that its Board of Directors declared a dividend of $0.035 per share for the quarter ending September 30, 2014.

Milestone Apartments REIT Announces US$74.0 Million Property Acquisition in Houston

Milestone Apartments REIT Announces US$74.0 Million Property Acquisition in Houston

Blackstone Mortgage Trust Declares $0.50 Per Share Dividend

NEW YORK, Sept. 15, 2014 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) today declared a dividend of $0.50 per share of class A common stock with respect to the third quarter of 2014. Blackstone Mortgage Trust, Inc. (BXMT) is a real estate finance company that originates senior loans collateralized by properties in the United States and Europe. The Company is externally managed by BXMT ...

Banks Drive Down Mortgage Employment Index

DALLAS, Sept. 15, 2014 /PRNewswire/ -- Mortgage industry employment was lower in the latest quarter as a result of a sharp drop at banks, though jobs moved up at credit unions and non-banks. Nearly 19,000 ...

Wells Fargo finds mortgage myths hamper home purchases

By Peter Rudegeair NEW YORK (Reuters) - Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co , the largest U.S. Nearly two-thirds of respondents thought that a very good credit score was necessary to buy a home, and more than 40 percent thought they needed a down payment equal to at least 20 percent of the ...

Wells Fargo finds mortgage myths hamper home purchases

By Peter Rudegeair NEW YORK (Reuters) - Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co , the largest U.S. Nearly two-thirds of respondents thought that a very good credit score was necessary to buy a home, and more than 40 percent thought they needed a down payment equal to at least 20 percent of the ...

RESAAS Launches a Marketplace of Real Estate Products & Services

RESAAS Services Inc. , The Real Estate Social Network™, announced today the official launch of the RESAAS Marketplace - a collection of leading real estate products and services offered to all RESAAS users ...

There's No Such Thing as Free Mortgage Refinancing

The next time you see an ad to refinance your mortgage for ???Free??? or with ???No closing costs,??? run the other way.

Town Square | Four extraordinary homes on tour in Potomac

Also Georgetown home sells for $510,000 above list price.

'Zombie' homes haunt Florida neighborhoods

Neighborhoods devastated by thousands of abandoned homes as banks fail to follow through on foreclosures.

State doesn't regulate recovery homes and city can't do it

Because of a lack of regulation, most so-called recovery homes are little more than flophouses, experts say.

'Recovery homes' are often unlicensed and unhealthy

In one case, a drug counselor at a Center City clinic rents homes deemed "unfit for human habitation" to methadone patients.

Flongle Is A Crowdsourcing Site That Makes Businesses Compete For Your Mortgage

Flongle is a new crowdsourcing website that assists customers in finding the best home loan by making banks and mortgage brokers bid against each other. Billed as the world’s first “mortgage contest”, the site allows home buyers to post their ideal mortgage anonymously. You can then sit back and watch as banks, non-bank lenders and brokers compete to “win” the loan. More »          

Scottish Independence Could Be Boost for London Property

London's property market could benefit if Scotland votes for independence and some financial institutions decide to relocate to the U.K., according to Rightmove Plc. London would be a "logical destination, creating extra employment and knock-on demand for homes," Rightmove said in its monthly house-price survey today. Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc said last week ...

40 Years Ago...and now: Home loan: A tale of three institutions

D B Remedios was the first borrower of HDFC, which was the first organised player in the home loan market. Remedios took a Rs 30,000 loan at a fixed rate of 10.5 per cent in 1978. The amount was less than half the total amount of Rs 70,000 that he spent to build a house in Mumbai's Malad.

Slots cash a mixed bag for Pa. property owners

DALLAS, Pa. (AP) - In the summer of 2004, Gov. Ed Rendell and top state lawmakers promoted legalized casino gambling as a way to provide historic relief from burdensome school property taxes.

What Kind of Mortgage Is Right for You?

Buying a home? You'll probably need to shop for financing, too. Here's what to know about mortgage types.

Dozens of homes evacuated in wildfires in Northern, Southern California, 2 homes destroyed

A wildfire in Northern California destroyed two homes while a much larger blaze proved stubborn amid high temperatures and dry brush in Southern California.

Stay safe

September is Realtor Safety Month. All agents and home sellers need to be vigilant and this seems an appropriate time to address the issue. Earlier this month we received several reports of members feeling "uncomfortable" with prospects and rightfully so.

Why mortgage applications hit 14-year lows as refinances dry up

The MBA Applications Index fell 7.2% after rising 0.2% the week before. This is the lowest reading for the MBA Mortgage Applications Index since early 2001.

Mortgage rates return to 4.24% as the bond market sells off

Mortgage applications are relevant to a number of industries—from banks to non-banks, to mortgage REITs like Annaly (NLY) and American Capital (AGNC), to homebuilders like KB Home (KBH), Lennar (LEN), ...

Home Loan Servicing Soltns (HLSS) Upgraded From Hold to Buy

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. aTheStreet Ratings quantitative algorithm evaluates over 4,300 stocks on a daily basis by 32 different data factors and assigns a unique buy, sell, or hold recommendation on each stock. aClick here ...
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