Housing
142 results total, viewing 11 - 20
You may have seen reports about a major tax reform proposal floated recently by Rep. Dave Camp, R-Michigan, the chairman of the House Ways and Means Committee. more
The “Gordian knot” of the foreclosure crisis, as former Bank Rhode Island President and CEO Merrill W. Sherman described the glut of homeowners defaulting on underwater mortgages last year, appears to be loosening. more
Rhode Island saw 1,468 foreclosures for single-family and multifamily homes in 2013, a 10.2 percent decline from 1,634 foreclosures the previous year, affordable homes coalition HousingWorks RI reported Friday. Overall, 22 Rhode Island cities and towns saw foreclosures decline last year, while 12 municipalities and Providence’s East Side saw foreclosures increase and five saw no change. more
When you’re raking in tens of billions in profits by helping credit-elite borrowers purchase homes, couldn’t you lighten up on fees a little for everyday folks who’d also like to buy? more
Coastway Community Bank was recently honored with Rhode Island Housing’s 2013 Participating Lender of the Year Award for providing their customers with more Rhode Island Housing loans than any other participating lender at a statewide breakfast for real estate professionals. more
Renewal of important expired federal tax benefits for homeowners took a major step forward last week, but the route to final congressional approval is beginning to look longer – and potentially bumpier – than previously expected. more
Sales of previously owned U.S. homes climbed in April to the highest level in more than three years even as the market remained constrained by a lack of inventory and strict borrowing rules. more
As of March 31, more than 2,000 homeowners in Rhode Island have received some type of relief through the National Mortgage Settlement, Attorney General Peter F. Kilmartin announced Tuesday. more
Here’s a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren’t sufficient to qualify for a mortgage under today’s tough underwriting standards: Thanks to a rule change by the largest players in the home-loan business, you may be able to use imputed income from your 401(k), IRA and other retirement assets to qualify for the loan you want. more
Bill Bohmbach, founder and president of Portsmouth-based Home Healthsmith, recently earned the National Association of Home Builders’ certified aging-in-place specialist designation. Bohmbach has more than 30 years of experience in adaptive-mobility equipment and previously served in the Navy as an electrician. He founded Accurate Elevator and Lift in 1994, which he sold in 2010 to a major international elevator company. Bohmbach is currently pursuing his certification for home modifications through the University of Southern California. more
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