Housing Wire
MARCH 7, 2024
This includes a strain on resources brought about by the assumption of a sizable portfolio of reverse mortgage-backed securities following the bankruptcy of a major lender in the space in 2022. The government-owned company has been sounding the alarm over the past year about a need for additional authority from Congress.
Housing Wire
SEPTEMBER 22, 2023
Kim: The silver lining in the current housing market is an uptick in new construction sales due to a lack of existing-home inventory. Kim: Bankruptcies and layoffs are still happening. Duncan: I was looking at the bankruptcy data. It’s just gotten back to the pace of bankruptcy we saw in 2019.
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Housing Wire
DECEMBER 28, 2021
After the fire, the price of PG&E’s shares tumbled and in early 2019 the company, which provides gas and electricity to the vast majority of Northern California homes, filed for Chapter 11 restructuring bankruptcy. In 2020, as part of its plan to exit bankruptcy , PG&E agreed to fund a $13.5
Housing Wire
MARCH 26, 2024
They can also move to areas that are less established and currently being developed, which means new construction and lower prices for those that purchase in the early phases.
Realty Biz
FEBRUARY 1, 2024
Although it may seem tempting to drop or reduce your insurance coverage, particularly if you’re struggling with financial hardship or facing bankruptcy , having the right coverage in place can provide a lifeline if your home is suddenly damaged, broken into, or destroyed. Additionally, about two-thirds of all homes in the U.S.
The Close
JUNE 22, 2023
Motivated Sellers The motivated seller category is the submarket where you will find homeowners who are facing financial distresses like bankruptcy, foreclosure, and job loss or relocation. New Construction Supply Cannot Keep Up The simple, logical solution to solving the supply issue is to build more affordable homes.
HomeLight
APRIL 14, 2023
Although most of Pringle’s clients are banks, she also conducts appraisals for any individuals who need a home’s value for legal reasons, such as people going through a divorce, filing for bankruptcy, or settling an estate. I had a new construction townhouse that took me three days,” she says.
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