April 24, 2024
Mortgage

Why was my mortgage application denied? Common reasons underwriters don’t approve loans | Business

For borrowers in a still-hot housing market, getting approved for a mortgage can be a challenge. Mortgage rates have soared from pandemic-era lows, home values are near record highs and home price appreciation is outpacing wage growth. All of that means there’s no guarantee a lender will approve your mortgage application. Here’s a look at

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Property

Mackenzie Financial Corp Purchases 451,419 Shares of Brixmor Property Group Inc. (NYSE:BRX)

Mackenzie Financial Corp grew its position in shares of Brixmor Property Group Inc. (NYSE:BRX – Free Report) by 189.8% in the 4th quarter, HoldingsChannel reports. The firm owned 689,292 shares of the real estate investment trust’s stock after acquiring an additional 451,419 shares during the quarter. Mackenzie Financial Corp’s holdings in Brixmor Property Group were

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Mortgage

Raymond James Financial Services Advisors Inc. Buys 11,501 Shares of PennyMac Mortgage Investment Trust (NYSE:PMT)

Raymond James Financial Services Advisors Inc. boosted its stake in shares of PennyMac Mortgage Investment Trust (NYSE:PMT – Free Report) by 45.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 37,021 shares of the real estate investment trust’s stock after acquiring an additional 11,501 shares during the period. Raymond James Financial Services Advisors

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Mortgage

Nisa Investment Advisors LLC Decreases Stake in New York Mortgage Trust, Inc. (NASDAQ:NYMT)

Nisa Investment Advisors LLC lowered its holdings in New York Mortgage Trust, Inc. (NASDAQ:NYMT – Free Report) by 29.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,574 shares of the real estate investment trust’s stock after selling 28,235 shares during

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Property

U.S. Marshals seize property in Conneaut | Local News

CONNEAUT — The U.S. Marshals Service has seized property on Park Avenue in Conneaut after the property owner, Marc Mahoney, was convicted of various federal charges. Mahoney pleaded guilty to three counts of conspiracy to distribute and possess with intent to distribute controlled substances, one count of conspiracy to launder monetary instruments, one count of

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Finance

Chippewa Falls High School students learn finance through budget simulation | Chippewa Valley News

Students chose a career and went through 22 stations that deal with what expenses you have as an adult. These tasks included budgeting their vehicle, housing, utilities, clothing, personal care, and more. CHIPPEWA FALLS (WQOW) – High schoolers got a taste of adult life and the challenges that come with it.  At the

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Loans

Missouri woman pleads guilty to fraudulently obtaining $104K in pandemic loans | State News

(The Center Square) – A Missouri woman admitted to fraudulently obtaining federal pandemic loans for $104,163, according to information from the U.S. attorney in the Eastern District of Missouri. Camille Foster, 32, pleaded guilty to two counts of wire fraud on Tuesday in U.S. District Court. She admitted to obtaining five Paycheck Protection Program loans

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Funds

More funds flow in for Westerly’s Main Street green corridor work | Westerly

WESTERLY — Funding continues to build for Westerly’s Resilient Riverfront Renewal Project, which last week won a $300,000 federal grant earmarked for work along Main Street to add green space and reduce stormwater pollution. The Southern Rhode Island Conservation District and the town got word of the Environmental Protection Agency’s Southeast New England Program Opportunity

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Finance

Pa. House approves bills on campaign finance reform | Local News

HARRISBURG — Separate bills intended to add transparency to campaign finance in Pennsylvania elections advanced Tuesday out of the state House with bipartisan support. One bill would add an additional reporting period for campaign spending and contributions. The other looks to broaden reporting requirements for all tax-exempt organizations and require reports for any level of

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Property

How to hire a firm to help protest your Texas property taxes

Homes in the Magnolia Crossing subdivision are seen in 2023. Every year, county appraisal districts around the state assess property values for homeowners with results that are sometimes inaccurate. If property owners believe they are being overtaxed, they can protest their appraisals.  Jason Fochtman/Staff photographer Homes in the neighborhood of The Woodlands are seen in

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