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John C. Williams Named President of New York Fed

The Federal Reserve Bank of New York announced that John C. Williams has been named President and CEO. His appointment by the eligible members of the New York Fed’s Board of Directors was approved by the Board of Governors of the ...

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The City Where Foreclosures Are Skyrocketing

This past January, PropertyShark’s annual foreclosure report revealed that New York City saw a year-over-year increase in foreclosed homes scheduled for auction of 58 percent and year-over-year foreclosure increases in every borough except Manhattan. Now PropertyShark has released their Residential ...

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Which Features Boost Home Sale Prices?

Selling a home can sometimes be as much art as science, but there are some things that work consistently well. Zillow recently analyzed the features that best help move homes and land higher sale prices, discovering along the way that ...

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For Waterfront Properties, Is Location Everything?

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The old real estate adage insists that location is everything, but how much truth does that hold when it comes to waterfront properties? A new study by Collateral Analytics puts waterfront real estate under the microscope to determine what factors ...

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How REO Sales Impact Home Prices

With markets across the country suffering from pronounced inventory shortages, it would seem that anything that puts more homes on the market would be a good thing. A new report by Pro Teck Valuation Services found delved into that thesis, ...

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Barclays Settles RMBS Suit

The British bank Barclays has reached a settlement with U.S. authorities over financial crisis-era transactions involving toxic residential mortgage-backed securities (RMBS) sold between 2005 and 2007. Under the terms of the settlement, Barclay’s agreed to pay $2 billion in civil ...

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