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News :

Blue Cross Names New President
Albuquerque Journal (subscription)
BISMARCK, ND ? North Dakota has passed Alaska to become the second-leading oil-producing state in the nation, trailing only Texas, state officials said this week. North Dakota oil drillers pumped 17.8 million barrels in March, with a daily average of ...

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Housing for Police Officers
KFYR-TV
Counties in North Dakota`s oil country need more cops and deputies. But it`s not easy to hire someone when they can`t find a place to live. This week, the state unveiled what`s called the "Law Enforcement Pilot Program," which will enable officers in ...

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Law officer housing gets boost in ND oil patch
Dickinson Press
AP - WILLISTON, ND Attorney General Wayne Stenehjem (STEHN'-juhm) says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the state's booming western oil patch, where housing ...

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Law officer housing gets boost in ND oil patch
Grand Forks Herald
AP - WILLISTON, ND Attorney General Wayne Stenehjem (STEHN'-juhm) says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the state's booming western oil patch, where housing ...

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Law officer housing gets boost in oil patch
WDAY
WILLISTON, ND (AP) ? Attorney General Wayne Stenehjem (STEHN'-juhm) says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the state's booming western oil patch, ...

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Law officer housing gets boost in North Dakota oil patch
Bismarck Tribune
AP | Posted: Thursday, May 17, 2012 10:28 am | (4) Comments WILLISTON, ND ? Attorney General Wayne Stenehjem says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the ...

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$3 million directed for subsidized law enforcement housing in Oil Patch
Grand Forks Herald
WILLISTON, ND ? Attorney General Wayne Stenehjem announced Wednesday he's directing $3 million from the state's share of a lawsuit settlement to subsidize housing for law enforcement in the Oil Patch. Stenehjem, speaking at the Bakken Housing ...

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Housing: State to Subsidize $3M in Law Enforcement Housing
LoanSafe
WILLISTON (Source Amy Dalrymple Dickinson Press, ND (MCT) ? Attorney General Wayne Stenehjem announced Wednesday he's directing $3 million from the state's share of a lawsuit settlement to subsidize housing for law enforcement in the Oil Patch.

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State to use $3 million to subsidize housing for law officers in North ...
The Republic
AP WILLISTON, ND ? Attorney General Wayne Stenehjem (STEHN'-juhm) says he's directing $3 million from North Dakota's share of a lawsuit settlement to subsidize housing for law enforcement officers in the state's booming western oil patch, where housing ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills. Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
South Dakota's $2.88 million will be used to ?enact regulations.? Among the things this money was intended for was counseling for homeowners, funds to pursue investigations into mortgage foreclosure activities, and assistance in refinancing.

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This Subprime Bubble Will Burst In State Court
Mondaq News Alerts (registration)
In support of their argument, the defendants submitted the declaration of an operations analyst of the South Dakota citizen who asserted that the total unpaid principal on the outstanding mortgage loans at issue was well in excess of $5 million.

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NOTICE OF MORTGAGE FORECLOSURE SALE
Rapid City Journal
SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY, Plaintiff, vs. Almeda Cassidy, Rebecca S. Eastman, and Butte County, South Dakota, Defendants. Lot 3 of Block 3 tof Willow Creek Estates No. 4, a Subdivision of Part of Lots P & Q of Valley View Addition, ...

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South Dakota Tries To Avoid Oil Boom's Downside
WBUR
ELLENBOLT: Because of the oil boom, western North Dakota is experiencing major housing shortages and increased crime activity, issues South Dakota officials would like to avoid. In Williston, North Dakota, rent and mortgage costs have sky-rocketed.

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South Dakota Tries To Avoid Oil Boom's Downside
NPR
ELLENBOLT: Because of the oil boom, western North Dakota is experiencing major housing shortages and increased crime activity, issues South Dakota officials would like to avoid. In Williston, North Dakota, rent and mortgage costs have sky-rocketed.

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Wyo ranks low for mortgage delinquencies
Casper Star-Tribune Online
Wyoming was in the lowest tier of states for mortgage delinquency rates in the first quarter, according to credit bureau giant TransUnion. Wyoming registered the fourth lowest rate at 2.43 percent, behind North Dakota (1.51 percent), South Dakota (2.11 ...

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Obama asks Congress to act on 'to-do' list
1340 WGAU
AP President Barack Obama greets supporters after speaking about mortgage relief, Friday, May 11, 2012, in Reno, Nev. (AP Photo/Pablo Martinez Monsivais) The Associated Press President Obama is asking Democrats and Republicans to act on his "to-do ...

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Obama asks Congress to act on 'to-do' list
WSB Atlanta
AP President Barack Obama greets supporters after speaking about mortgage relief, Friday, May 11, 2012, in Reno, Nev. (AP Photo/Pablo Martinez Monsivais) The Associated Press President Obama is asking Democrats and Republicans to act on his "to-do ...

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Obama asks Congress to act on 'to-do' list
WOKV
AP President Barack Obama greets supporters after speaking about mortgage relief, Friday, May 11, 2012, in Reno, Nev. (AP Photo/Pablo Martinez Monsivais) The Associated Press President Obama is asking Democrats and Republicans to act on his "to-do ...

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Obama asks Congress to act on 'to-do' list
WPXI Pittsburgh
AP President Barack Obama greets supporters after speaking about mortgage relief, Friday, May 11, 2012, in Reno, Nev. (AP Photo/Pablo Martinez Monsivais) The Associated Press President Obama is asking Democrats and Republicans to act on his "to-do ...

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News :

Cash flow liberated by refinancing
Marketplace.org
by Chris Farrell Question: My wife and I recently refinanced our home. We paid off the home equity line and the existing mortgage, and now our monthly payments are $500 less than they were previously. What should we do with these savings?



Where has the equity gone, Dover?
The News Journal (blog)
?The relatively recent correction in local home prices wiped out most of the equity gained over the last 7 years,? the report noted. Measured over the last 9 years, however, Dover fares better, with home values rising $41200, compared to a $9200 loss ...



PPF Group, Czech Private-Equity Co, Alters Shareholder Structure
Capital.gr (press release)
Smejc will exchange his stake in PPF Group for shares in Czech-based consumer-loan firm Home Credit, Russian lender Nomos Bank and Greece's Piraeus Bank. PPF Group has about EUR12.74 billion in assets under management. It is active in Central and ...

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Globe and Mail

Private equity firm offers $321.5-million for Winnebago
Globe and Mail
Winnebago Industries Inc. WGO-N said it received an unsolicited buyout offer from North Street Capital LP, the investment firm of racing car enthusiast Alex Mascioli, valuing the number one US motor homes maker at $321.5-million.

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PPF Group, Czech Private-Equity Co, Alters Shareholder Structure
Fox Business
Smejc will exchange his stake in PPF Group for shares in Czech-based consumer-loan firm Home Credit, Russian lender Nomos Bank and Greece's Piraeus Bank. PPF Group has about EUR12.74 billion in assets under management. It is active in Central and ...

and more »


PPF Group, Czech Private-Equity Co, Alters Shareholder Structure
4-traders
Smejc will exchange his stake in PPF Group for shares in Czech-based consumer-loan firm Home Credit, Russian lender Nomos Bank and Greece's Piraeus Bank. PPF Group has about EUR12.74 billion in assets under management. It is active in Central and ...

and more »


Great Falls families celebrate completion of home-construction project
KRTV Great Falls News
The families worked together for the past year, with each family contributing many hours of "sweat equity" under the supervision of NWGF employees. Each family works on many of the houses over the course of the construction, and no family moves in ...

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Globe and Mail

Private equity firm offers $321.5-million for Winnebago
Globe and Mail
Winnebago Industries Inc. WGO-N said it received an unsolicited buyout offer from North Street Capital LP, the investment firm of racing car enthusiast Alex Mascioli, valuing the number one US motor homes maker at $321.5-million.

and more »


TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Beaumont Enterprise
Kevin Miller, CEO and president of TexasLending.com, a Texas home loan and mortgage company specializing in Texas refinance loans and Texas home equity loans, and his co-hosts will discuss the upcoming changes to FHA on June 1st which will impact the ...

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TexasLending.com to Discuss Changes to FHA Loans on Radio KLIF in Dallas
Houston Chronicle
Kevin Miller, CEO and president of TexasLending.com, a Texas home loan and mortgage company specializing in Texas refinance loans and Texas home equity loans, and his co-hosts will discuss the upcoming changes to FHA on June 1st which will impact the ...

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Former Dublin Man Sentenced in Mortgage Fraud Case
LoanSafe
(Source: Kathy Lynn Gray The Columbus Dispatch, Ohi (MCT) ? A former Dublin man who flipped high-end properties in central Ohio and lived the high life with $3.4 million in kickbacks was sentenced today to 4 1/2 years in prison.

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Certification battle in Ohio MERS class action heats up
Lexology (registration)
The plaintiff argues that the case, which the plaintiff is attempting to bring on behalf of all 88 Ohio counties for relief relating to the allegedly unlawful failure of MERS and its member institutions to record millions of mortgages and mortgage ...



Ashland County Receieves Grant To Demolish Vacant Properties
North Central Ohio
Ashland County will receive $270126 from the Moving Ohio Forward Demolition Grant Program for the demolition of more than 25 vacant properties. The program is through the Ohio Attorney General's Office. Commissioner Kim Edwards said the commissioners ...

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Geauga County land transfers
News-Herald.com
Donna M. Zaverl sold a home at 15190 Old Rider Road to Federal National Mortgage Association for $45000. Dawn Marie Baynes sold a property at Aquilla Road to Federal Home Loan Mortgage Corporation for $46700. JD Properties Inc. An Ohio Corporation sold ...

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Former Dublin man sentenced in mortgage fraud case
Columbus Dispatch
By Kathy Lynn Gray A former Dublin man who flipped high-end properties in central Ohio and lived the high life with $3.4 million in kickbacks was sentenced today to 4 1/2 years in prison. Judge Dick Sheward of Franklin County Common Pleas Court ordered ...

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Columbus' Red Mortgage Capital provides more than $43 million worth of FHA ...
REjournals.com
Columbus, Ohio-based Red Mortgage Capital, LLC, recently processed and funded more than $43 million of non-recourse FHA financing for properties in three states. GNMA/FHA Section 223(f) financing recently was secured in the amount of $24.4 million for ...

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Mortgage Lender Residential Finance Corp. Explains Benefits of HARP 2.0
EON: Enhanced Online News (press release)
COLUMBUS, Ohio--(EON: Enhanced Online News)--When June Snow first looked into refinancing her interest-only mortgage, she was told it would be impossible because the value for her three-bedroom, two-bath ranch style home was not in the necessary range.

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Missouri Among States Spending Mortgage Settlement On Other Priorities
KCUR
By Sylvia Maria Gross Missouri is one of more than a dozen states using funds from a $25 billion dollar mortgage settlement to plug unrelated budget gaps, according to the New York Times and a report from Enterprise Community Partners, an affordable ...

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Sen. Reed Introduces Bill to Enhance Mortgage Protections Accorded to Service ...
Targeted News Service (subscription)
I., Sherrod Brown, D-Ohio, and Mark Begich, D-Alaska. The legislation was referred to the Senate Veterans' Affairs Committee. The full text of the bill is available from the Library of Congress Thomas legislative web site.

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US housing starts rose to 717000 in April
Asbury Park Press
Tom Steindl works inside a new home under construction in Columbia Station, Ohio Wednesday. US builders started work on more homes and apartments last month and requested more permits to build single-family homes. The increases suggest the battered ...

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