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Optimism growing in commercial real estate industry (Richmond Times-Dispatch)

Virtually everyone in commercial real estate these days will say things are better than they have been in some time. Though not altogether supported by the data, a positive outlook is spreading slowly but surely into the business.

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Optimism growing in commercial real estate industry (Richmond Times-Dispatch)

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Richmond City Council seeks flexibility in setting real estate tax rate (Richmond Times-Dispatch)

The Richmond City Council is giving itself the flexibility to increase—or even decrease—the real estate tax rate as it braces for budget deliberations marked by painful cuts to schools and other services. Council members are expected to offer tax rates from $1.19 to $1.23 per $100 of assessed value when proposed ordinances are introduced tonight ahead of a vote scheduled for April 15. The …

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Richmond City Council seeks flexibility in setting real estate tax rate (Richmond Times-Dispatch)

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Rate for 30-year fixed mortgage falls (Los Angeles Times)

The decline to 4.71% is the lowest since the mortgage finance company Freddie Mac began tracking the data in 1971. It comes as the Obama administration is working to lower borrowing costs. The average interest rate for a 30-year mortgage dropped to a record low of 4.71% this week, pushed down by an aggressive government campaign to reduce borrowing costs.

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Rate for 30-year fixed mortgage falls (Los Angeles Times)

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Ambac Unit To Advise On Troubled Mortgage Investments (Nasdaq)

CHICAGO -(Dow Jones)- When life hands you lemons, make lemonade. Bond insurers, including Ambac Financial Group Inc. (ABK), have been doing just that by forcing mortgage originators to make good on soured loans in insured securities.

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Ambac Unit To Advise On Troubled Mortgage Investments (Nasdaq)

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Seven accused in Parkville mortgage fraud case (The Kansas City Star)

Seven Northland residents worked together on a mortgage fraud scheme to purchase and profit from a $605,000 house in Parkville, a federal indictment announced Thursday alleges. Lloyd Claerhout, 26; Scott J. Schirmer, 32; William F

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Seven accused in Parkville mortgage fraud case (The Kansas City Star)

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Starwatch consumer | Mortgage rates reach a record low (The Kansas City Star)

Record low rates Mortgage rates for fixed 30-year loans in the U.S. dropped to a record low amid signs that the housing market is beginning to emerge from the worst slump since the 1930s.

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Starwatch consumer | Mortgage rates reach a record low (The Kansas City Star)

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30-year mortgage rates hit record low (Deseret News)

The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an…

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30-year mortgage rates hit record low (Deseret News)

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US mortgage delinquencies at record high (The Malaysian Insider)

NEW YORK, Sept 22 — High US unemployment keeps pushing up the rate of mortgage delinquencies, which could in turn drive personal bankruptcies and home foreclosures, monthly data from the Equifax Inc credit bureau showed yesterday. Among US homeowners with mortgages, a record 7.58 per cent were at least 30 days late on payments in August, up from 7.32 per cent in July, according to the data …

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US mortgage delinquencies at record high (The Malaysian Insider)

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Rent your own house: US mulls mortgage rescue plan (Sydney Morning Herald)

US officials are weighing a plan to let borrowers who have fallen behind on mortgage payments avoid eviction by renting their home instead.

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Rent your own house: US mulls mortgage rescue plan (Sydney Morning Herald)

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Commercial Mortgage-Backed Bond Index Planned by Markit Group (Bloomberg)

July 14 (Bloomberg) — Markit Group Ltd., the data provider majority-owned by Wall Street’s largest banks, plans to start an index for commercial mortgage-backed securities.

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Commercial Mortgage-Backed Bond Index Planned by Markit Group (Bloomberg)

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