The state’s House Democratic delegation has asked the Justice Department, the Fed and Controller of the Currency to investigate the widespread — and growing — problem of faulty bank documents in foreclosure cases. One agency …
As millions of Americans face foreclosures on their homes, scam artists are zeroing in on this growing population desperately in need of assistance. Here are some of the foreclosure scams to look out for.
Conti…
Bank of America is getting out of the wholesale mortgage business as it looks to put more resources into its direct-to-consumer retail mortgage channel, the largest U.S. bank announced Tuesday.
Continue reading…
The U.S. office market may have touched bottom, with rents stabilizing, according to real estate research firm Reis Inc.
The vacancy rate hit a 17-year high in the third quarter, Reuters reported. Still, the rate rose by just 0.1 percentage point from the previous quarter, while effective rent was little changed at $22.05 a square foot, suggesting the worst may be over with.
“If…
Continue reading U.S. Office Market May Have Touched Bottom: Report
U.S. Office Market May Have Touched Bottom: Report originally appeared on DailyFinance on Tue, 05 Oct 2010 08:46:00.
Filed Under: Company News, Economy, Real Estate
The John Hancock Tower, Boston’s tallest building, will be sold to real estate investment trust Boston Properties Inc. (BXP) for about $930 million.
Continue reading Boston’s John Hancock Tower Sold to Boston P…