Find Real Estate Agents and Homes for Sale

Real Estate News --> Alabama News

CSX Corp. cutting 1,000 jobs

The job loss will be among management-level employees of the Jacksonville, Florida-based transportation and real estate company. The company serves the southern and northeast parts of the country, with Alabama operations in Birmingham, Bessemer ...

Archived Story

A NEW banking code giving struggling mortgage-holders more time in coping with arrears and holding onto their home is expected to be put to the public later this week The revised code of conduct on mortgage arrears will suggest debt-ridden home-owners be granted an “informal extension” beyond the one-year moratorium on banks repossessing their properties Borrowers, however, will have to adhere to strict agreements with lenders if they want more time to reorganise their debts beyond the already agreed one-year “freeze” The Financial Regulator yesterday announced that tomorrow it would begin a consultation period on its proposed new code, where consumers, banks and others can make submissions Banks reacted angrily to suggestions that mortgage borrowers were currently being denied breathing space beyond the already agreed one-year moratorium on homes being seized Irish Banking Federation head of PR, Felix O’Regan, said lenders were already giving many responsible borrowers extra time to reorganise their repayments “If a borrower is still engaging constructively with a lender to make repayments, there’s every chance that the lender will say ‘we’re not exactly delighted with this but we’re happy to work with this for another six months’.” Banks were already extending the repossession moratorium in many cases, and sometimes for long periods, he said try { _402_Show(); } catch(e) {} var ULTIMEDIA_mdtk = '02156613'; var ULTIMEDIA_zone= 2; var ULTIMEDIA_target = 'ultimedia_wrapper'; var ULTIMEDIA_async = false;

Trending Alabama News:

  • New tech talent is skipping NYC and LA for Indiana and Alabama
  • Real-estate report: Kitchen and bath project spending up
  • Teen gets 65 years for AL killing, but police officer fired fatal shots
  • Alabama Farmhouse Summer Tour
  • GSH of Alabama, LLC Announces New Partnership With Skyline Corporation
  • Basset Hound Rescue of Alabama looking for forever homes for adoptable dogs
  • Alabama bankruptcy highlights challenges facing Detroit
  • Sewer services may be disconnected in north Alabama neighborhood
  • Louisiana restaurant chain looks to expand into Alabama
  • Realtor and businessman Brandon Fowler joins Three Sixty Real Estate in Auburn
  • Largest solar farm in Alabama is now online
  • FBI Arrests Alabama State Lawmaker, Ex-GOP Chairman
  • A look at Birmingham's favorite Alabama lakes
  • Alabama, U.S. Petroleum Gas Line Explodes, Killing One Worker
  • Beach Scenes: Frolicking at Perdido Pass with 'Thunder' in the background (photos)
  • Lawmakers pass bill to allow midwives to practice in Alabama
  • AEI Consultants completes campus-wide facilities assessment for University of Alabama
  • Maynard Cooper & Gale adds to real estate group
  • A slowing high-end market in Alabama
  • 40 Tips to Take Your Real Estate Marketing to the Next Level [Free Ebook]