How you can benefit from an unexpected shift in interest rates – Detroit Free Press

How you can benefit from an unexpected shift in interest rates  Detroit Free Press The forecast for interest rates has taken a 180-degree turn since June 2018. Here’s what to worry about when it comes to a recession, trade and rates. “how to sell mortgage note” – Google News

Debt places Lakeside Mall in Sterling Heights in precarious position – Crain’s Detroit Business

Crain’s Detroit Business Debt places Lakeside Mall in Sterling Heights in precarious positionCrain’s Detroit BusinessThe loan has been transferred to C-III Asset Management, a special servicer that handles troubled commercial mortgages on behalf of bondholders, and General Growth failed to pay the mortgage that was due June 1, Bloomberg data show. In February, Chief …and […]

How one of Michigan’s banking leaders made a big deal, chased a big dream … and raced into bankruptcy – Crain’s Detroit Business

Crain’s Detroit Business How one of Michigan's banking leaders made a big deal, chased a big dream … and raced into bankruptcyCrain’s Detroit BusinessIn the 1990s, as other banks branched into wealth management and trust services, selling mutual funds and lobbying to sell insurance, Republic stayed focused on mortgages. By 1994, the bank had expanded […]

‘Detroit Three’ sales soar in record year for auto industry – Rapid City Journal

'Detroit Three' sales soar in record year for auto industryRapid City JournalBack then, the industry ended on a sour note as December sales fell, the nation was bracing for a recession, the Detroit Three were losing market share and GM was getting ready to idle eight plants in the U.S. and Canada. This time around, […]

Duggan may have tough time finding blight funds – Detroit Free Press

Detroit Free Press Duggan may have tough time finding blight fundsDetroit Free PressShe suggested a regional fee on new construction, which could help pay for demolitions, though that could be a difficult sell politically. … In 2013, the Justice Department and five states — Michigan wasn't among them — announced a $ 13-billion … how […]

Alidade Capital buys mortgage note to former PWC building downtown – Crain’s Detroit Business (blog)

Crain’s Detroit Business (blog) Alidade Capital buys mortgage note to former PWC building downtownCrain’s Detroit Business (blog)The mortgage note sold to Alidade in a deal last month on the 106,000-square-foot building at I-75 and Madison Avenue next to Ford Field, developed and owned by Etkin since 2005. [Note: Do not confuse the Madison Office Building […]

Detroiters left out of Marathon buyouts feel neglected – The Detroit News

The Detroit News Detroiters left out of Marathon buyouts feel neglectedThe Detroit NewsIn 2011, Marathon officials anticipated problems and created a buyout program allowing residents to sell their homes. Owners of 266 of 294 identified properties participated. But the targeted homes were in Oakwood Heights, northeast of Marathon's …and more » how to sell mortgage note […]

Investors tell Fed: Don’t fumble interest rates – WDIV Detroit

WDIV Detroit Investors tell Fed: Don't fumble interest ratesWDIV DetroitIf the Fed removes those two words, analysts say the markets could sell off as investors brace for a jump in rates. "Dropping 'considerable time' would be a major hawkish step," wrote Citigroup strategist Steven Englander, in a research note Friday …and more » how to sell […]

6 important tax tips for homeowners – Detroit Free Press

6 important tax tips for homeownersDetroit Free PressEven if it's not the same as a foreclosure or a short-sale, if that second mortgage is written down by a lender then the borrower has to report that when filing their taxes. Selling Your Home Unlocks Tax Breaks. Of course, for homeowners who have taken …and more » how […]

New-home sales strongest in more than 2 years – WDIV Detroit

WDIV Detroit New-home sales strongest in more than 2 yearsWDIV DetroitA combination of near record low mortgage rates, lower unemployment and a drop in foreclosures means there are more buyers interested in purchasing, and fewer available homes. That in turn has … Higher prices give current homeowners an incentive to …US home sales jump to […]