Lots of squabbling over foreclosures. And a pair of former workers are suing their old company, claiming they were fired for refusing to break the law. Plus a woman claims she was injured walking into a bank – the door allegedly came off its hinges.
Search Results for: foreclosures
More trouble for Tetra
A local bank is foreclosing on parcels at four sites in Henrico that were once in the pipeline of the Tetra Companies, a Virginia Beach real estate investment firm that appears to have dissolved.
Richmond sees a drop in bankruptcies
But lawyers say it’s too early to toast the end of the recession.
A battle on two fronts
Amid an anticipated skirmish over the required publication of government notices, another revenue source for the state’s newspaper industry is under attack.
Fed board member: More pain ahead for housing
There are still too many foreclosed properties holding down the real estate market, says a longtime Virginia banker and Federal Reserve board member who spoke at the University of Richmond on Monday.
Newspapers advertise for advertising in newspapers
The Virginia Press Association is braced for its annual fight with Del. Steve Landes over a bill to free up localities from having to advertise public notices in newspapers.
Discounts bring buyers back to second-home market
Around Virginia, second homes are selling again. The main reason: sellers are lowering their prices.
Village Bank to enter regulatory agreement
Hampered by high levels of souring loans, the $600 million Midlothian-based bank said this week that it expects to enter into a consent order with the FDIC. And the bank is looking to sell its 80,000-square-foot headquarters building and close one of its branches in January.
NewsFeeds 10.13.11
Ex-FBI agent, wife accused of defrauding central Virginians of $1.3 million (Times-Dispatch) Authorities said John Graves, an investment adviser and financial planner, resigned from the FBI as a supervisory special agent in 1999. TowneBank to buy N.C. insurance agency (Virginian-Pilot) TowneBank, which expanded its Towne Insurance Agency with a series of acquisitions in Hampton… Read more »
NewsFeeds 8.25.11
30 percent of houses sold in Richmond area were foreclosures (Times-Dispatch) The houses sold for an average $134,404, or a 43 percent discount from houses not in foreclosure, RealtyTrac reported. Foreclosures represented 29.7 percent of all sales, or a total 781, in the three-month period through June. Judge questions WexTrust recovery fees (Virginian-Pilot) A federal… Read more »