Wis. developer facing resistance in Minn.

Banks fall short in helping struggling homeowners

Published: June 19, 2013
Tags: foreclosures, HUD, mortgages

Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation’s top mortgage servicers, according to a report released Wednesday. Such delays can plunge borrowers deeper in debt.

House votes to limit payments of reverse mortgages

Published: June 12, 2013
Tags: mortgages, reverse mortgages

The Federal Housing Administration could limit the size of initial lump-sum payments that lenders offer reverse mortgage borrowers and require escrow accounts to cover taxes and insurance, under legislation the House passed Wednesday.

Ethanol plant near Oshkosh for sale

Published: June 11, 2013
Tags: ethanol plant, Utica Energy

An ethanol plant near Oshkosh will be sold to the highest bidder this summer.

Rainier closes in on Park East deal

Published: June 10, 2013
Tags: Rainier Properties, The Marcus Corp.

A Milwaukee County committee gave initial approval to extend Rainier Properties II LLC’s option to buy a 0.37 acre parcel in the Park East.

FHA reverse mortgage losses may require bailout

Published: June 4, 2013
Tags: Federal Housing Administration

The head of the Federal Housing Administration says her agency may need as much as a $1 billion rescue package to bolster its reserves despite efforts to shore up its finances with higher mortgage insurance premiums.

Packer party house owners oppose hotel tax (UPDATE)

Published: May 31, 2013
Tags: Lambeau Field, Packers

The owners of rental homes across the street from the Green Bay Packers stadium are fighting plans to step up enforcement of a hotel tax on their properties.

Fannie, Freddie win Michigan appeal

Published: May 29, 2013
Tags: Fannie Mae, Freddie Mac

Milwaukee County’s million-dollar lawsuit against Fannie Mae and Freddie Mac is based on a Michigan decision that recently was overturned on appeal.

Park East parcel up for development

Published: May 29, 2013
Tags: Park East

Milwaukee County is soliciting bids for development on a Park East parcel.

Miscommunication may have triggered hotel delay

Published: May 28, 2013
Tags: Gerry Broderick, Innovation Park, John Weishan, Mandel Group, UWM Real Estate Foundation

The leaders of the UWM Real Estate Foundation will have a month to wonder whether their hotel proposal for Innovation Park is on hold because they failed to offer enough information.