Posts Tagged ‘Massachusetts’

Four Big Banks to Pay Massachusetts $2.7 Million for Improper Foreclosures

January 27th, 2015

    Today’s News Synopsis: HUD and U.S. Census Bureau reported sales of new homes increased 11.6% last month and now stand at 481,000.  Twenty cities in the U.S. showed signs of increase for home prices by 4.3% in November.  Four big banks, JP Morgan Chase, Bank of America, Wells Fargo Bank

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The Norris Group Real Estate News Roundup 6/5/13

June 5th, 2013

Today’s News Synopsis: The Mortgage Bankers Association reported mortgage applications decreased 11.5% from last week.  135,000 new jobs were added to the private sector last month according to a recent report by ADP.  Fannie Mae announced today their plan for making the short sale process move faster and more effectively. In The

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The Norris Group Real Estate News Roundup 1/28/13

January 28th, 2013

Today’s News Synopsis: Pending home sales decreased 4.3% month-over-month in December.  At the same time home prices increased 0.5% month-over-month in November.  The Joint Powers of Authority rejected San Bernardino’s motion to use eminent domain as a way to deal with negative equity. In The News: Inman – “Tight inventories weigh on prospects

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The Norris Group Real Estate News Roundup 8/29/12

August 29th, 2012

Today’s News Synopsis: The National Association of Realtors reported pending home sales increased again in July for the 15th month in a row.  The Mortgage Bankers Association reported a 4.3% decrease in mortgage applications last week.  In another big story, over $10 billion has been provided by the largest mortgage servicers

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The Norris Group Real Estate News Roundup 2/21/12

February 21st, 2012

Today’s News Synopsis: The Lender Processing Services said delinquency rates fell last month, but at the same time the economy saw an increase in foreclosures.  Real Estate Brokerage firm Grubb & Ellis Co. filed for Chapter 11 bankruptcy and will sell their assets to Newmark Knight Frank’s parent company BGC Partners Inc. 

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The Norris Group Real Estate News Roundup 2/7/12

February 7th, 2012

Today’s News Synopsis: According to DS News, the number of homeowners receiving loan modifications from HAMP is about to reach 1 million.  In other news, more than 40 states have joined in on a settlement to help homeowners in foreclosure.  Banks are beginning to help out with people in foreclosure by

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The Norris Group Real Estate News Roundup 2/1/12

February 1st, 2012

Today’s News Synopsis: 170,000 jobs were added to the private sector, although job growth overall was slower for the month of January as companies were hiring fewer people.  In updated news from yesterday, the home ownership rate has decreased for 7 years straight and is now at levels that have not

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