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.
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.
An ethanol plant near Oshkosh will be sold to the highest bidder this summer.
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.
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.
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.
Milwaukee County’s million-dollar lawsuit against Fannie Mae and Freddie Mac is based on a Michigan decision that recently was overturned on appeal.
Published: May 29, 2013
Tags: Park East
Milwaukee County is soliciting bids for development on a Park East parcel.
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.
Published: May 21, 2013
Tags: Continental Properties
Even as Minneapolis-based Target Corp. is expanding its corporate presence in the northwestern suburb of Brooklyn Park, plans for a nearby 340-unit rental townhouse project are meeting resistance.