Tag Archives: residential

New Orleans: 18 Shot At Mother’s Day Parade

Two children are among those hurt when gunfire erupts during a street parade in a residential area of New Orleans. Continue reading

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Ally, ResCap Spar Over Federal Foreclosure-Review Program

Government-owned lender Ally Financial Inc. is sparring with its Residential Capital mortgage subsidiary over the unit’s efforts to get out of a federal foreclosure-review program. Continue reading

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Abuse Inquiry Uses Posters To Find Victims

Alleged mistreatment in residential facilities over a 73-year period will be examined in detail over the next three years. Continue reading

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Armour Residential, Others Disclose Stock Offerings

Armour Residential REIT Inc. (ARR) said it plans to offer common stock, while Nielsen Holdings N.V. Continue reading

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BofA in $10 billion settlement with Fannie Mae

Bank of America said Monday it reached a $10 billion settlement with Fannie Mae to resolve claims related to the sale and delivery of residential mortgage loans. The bank will pay Fannie Mae $3.6 billion, and buy back $6.8 billion in loans to settle mortgage claims Continue reading

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Altus Group Announces an Agreement to Sell its Stake in Altus Residential Limited; Increases Equity Position in Real Matters

TORONTO, ONTARIO–(Marketwire – Dec. 21, 2012) – Altus Group Limited (“Altus”) (TSX:AIF) today announced that it has entered into a binding letter of intent to sell its 100% interest in Altus Residential Limited (“ARL”) to Real Matters Inc. (“Real Matters”) for $8.2 million, payable through the issuance of additional Real Matters shares. Continue reading

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Altus Group Announces an Agreement to Sell its Stake in Altus Residential Limited; Increases Equity Position in Real Matters

TORONTO, ONTARIO–(Marketwire – Dec. 21, 2012) – Altus Group Limited (“Altus”) (TSX:AIF) today announced that it has entered into a binding letter of intent to sell its 100% interest in Altus Residential Limited (“ARL”) to Real Matters Inc. (“Real Matters”) for $8.2 million, payable through the issuance of additional Real Matters shares. Continue reading

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Judge Poised to Approve ResCap Loan Sale to Berkshire

A judge on Monday said he plans to approve Residential Capital LLC’s sale of a loan portfolio to Warren Buffett’s Berkshire Hathaway Inc. (BRKA, BRKB), the undercard in ResCap’s two-pronged transaction that should fetch $4.5 billion for the mortgage servicer’s creditors. Continue reading

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Israel strike kills 11 in Gaza, including children

An Israeli missile ripped through a two-story home in a residential area of Gaza City on Sunday, killing at least 11 civilians, including four young children and an 81-year-old woman, in the single deadliest attack of Israel's offensive against Islamic militants. Continue reading

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Brookfield Residential Prices Previously Announced Offering of Common Shares and Concurrent Private Placement

CALGARY, ALBERTA — (Marketwire) — 11/14/12 — All dollar references are in U.S. dollars unless noted otherwise. Brookfield Residential Properties Inc. Continue reading

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