The former director of the Federal Housing Finance Agency talks about lawsuits against private-label issuers, finding a new CEO for Freddie and recent changes to the Home Affordable Refinance Program.
Newswires
As the recovery in the commercial real estate market continues to be lackluster, reflecting the larger economy, commercial property owners find it increasingly difficult to raise rents and/or increase occupancies- both of which help to preserve, or even increase, the value of buildings.
Two Oahu churches have filed a federal lawsuit seeking to block the new state law that allows civil unions for same-sex couples. Emmanuel Temple in Wahiawa and Lighthouse Outreach Center Assembly of God in Waipahu contend that the civil union statute violates their rights under federal civil rights law and constitutional freedom of religion protections.
On Nov. 14, the U.S. District Court for the Central District of California dismissed four of the six claims alleged by the Federal Deposit Insurance Corporation against CoreLogic Valuation Services LLC, eAppraiselT and several of its current and former affiliates, including CoreLogic Inc. The disclosure was made in a Form 8- K filed by CoreLogic.
New York- based Fitch Ratlings said on Nov. 4 that Freddie Mac’s reported $4.4 billion third-quarter loss was “partly driven by a reduction of mortgage insurance recoveries.”
Every point at the free-throw line mattered as Hawaii edged out Alcorn State 66-63 behind Arbuckle’s 13- for-15 effort from the stripe, including the go-ahead pair, on the first night of the Pepsi Rainbow Wahine Invitational on Wednesday.
It was another rough year for the real estate sector in 2011, as the homebuilder Estridge filed for bankruptcy, strip-center specialist Broadbent struggled to hold onto its headquarters, and Centre Properties faced a $43 million foreclosure suit.
On Nov. 10, New York Superintendent of Financial Services Benjamin M. Lawsky announced his department had secured agreements with Morgan Stanley, New York; American Home Mortgage Servicing Inc., Coppell, Texas; and Vericrest Financial Inc., Oklahoma City, to reform their servicing practices.
NEW YORK _ The last time Mark Stella went to the dentist he didn’t need an insurance card. NEW YORK _ After a customer backlash, Verizon Wireless on Friday dropped a plan to start charging $2 for every payment subscribers make over the phone or online with their credit or debit cards.
Dec. 31– Sheila Terry and her husband keep a Brazilian wandering spider in a baby-food jar filled with alcohol on top of their refrigerator, out of sight. The bunch of bananas the spider rode into their home is in the freezer and possibly will be used to make banana bread.
Dec. 31– Building a structure out of ice seemed like a good way to gain some publicity for the Western Lake Superior Habitat for Humanity. He and volunteers were cutting and stacking ice north of Duluth on Big Pequaywan Lake.
Dec. 30– Building a structure out of ice seemed like a good way to gain some publicity for the Western Lake Superior Habitat for Humanity. He and volunteers were cutting and stacking ice north of Duluth on Big Pequaywan Lake.
That’s what Chuck and Linda Barenchi had to face in February. The Atwater couple flew to Duke University in Durham, N.C., for a double lung transplant. They’d known since 2008 that Chuck, along with his wife, a longtime Farmers Insurance manager here, had idiopathic pulmonary fibrosis.
Dec. 31– GLOUCESTER– It took only 38 seconds for yesterday’s clash between the Rockport and Pentucket hockey teams to turn in the Vikings’ favor. Just 1:45 into the third frame, Rockport took advantage of a pair of Pentucket turnovers in its own end, capitalizing on both. By the time 2:30 passed in the frame, Rockport had a 2-1 lead and all the momentum.
Dec. 31– A law that makes it difficult for a food truck or lunch wagon to operate legally on city streets could be relaxed under a new proposal before the City Council.
Among the 10 were Peter Ho of Bank of Hawaii, Mark Dunkerley of Hawaiian Airlines and outgoing First Hawaiian Bank CEO Don Horner. Horner, who retires today as First Hawaiian Bank’s CEO, has already segued heartily into civic duty.
Dec. 31– BOSTON– Pope John Paul II’s line of Rob Beaton, Mike Skarbek and Austin Braley overpowered O’Bryant 5-4 on Friday in a boys hockey match at Matthews Arena at Northeastern University. PJP plays Latin Academy next Saturday at Gallo Ice Arena.
Dec. 31– ORANGE– One Orange man appartently was at the wrong place at the wrong time with the wrong belongings. Dempsey of the Orange Police Department was patrollingThursday night to the Kwick Stop in the 1550 block of 16th Street when he saw a 2002 Chevrolet Malibu park in the handicap parking space, according to his report.
“All you have to do is give them your name and your location and they will come and get you,” said Russel McCloud, a Yuma County Supervisor and the general manager of Accurate Automotive Attention. “
