| Joint finance approves UWM projects The Wisconsin Legislature’s Joint Finance Committee has approved a Senate bill sponsored by Sen. Jeff Plale (D-South Milwaukee) that allows the University of Wisconsin-Milwaukee to proceed with spending $145 million in two construction projects and $31 million for the Columbia Hospital acquisition. bizjournals.com |
Mortgage-banking veteran Bott leads FHA foreclosure-prevention effort Vicki Bott hastily uprooted her husband, their three children, two dogs and a motor home from Austin to join the Federal Housing Administration six months ago and helped unveil the Obama administration's plan to revamp its faltering foreclosure-prevention efforts last week. feeds.washingtonpost.com |
Boom in real estate auctions Going, going, gone: An increasing number of homes are now being sold at auction -- rather than through real estate brokers -- in an effort to dump properties more quickly and efficiently. rss.cnn.com |
Rise in ‘strategic defaults' in mortgages may be exaggerated Strategic defaults on mortgages are throwing more properties on an already glutted market. But such walkaways are less prevalent than commonly thought and are probably trending downward. Business - Management - Strategic Management - Financial services - England feeds.washingtonpost.com |
Condo associations saddled with unpaid dues demand that banks stop delaying foreclosures Foreclose - or else. That's a new message being sent to banks by a lawyer representing condo associations in Florida. Increasingly, the associations are stuck in unpaid-dues limbo when banks delay foreclosure on a unit owner, not wanting to assume the liability for unpaid condo dues and taxes. An... feeds.washingtonpost.com |