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:

  • California Bans State-Paid Travel to Alabama—in the Name of Tolerance
  • Alabama-born law professor named to Forbes '30 under 30'
  • Why trainloads of other people's poo have been rotting in an Alabama town for months
  • Hank Williams Jr., Cyndi Lauper, Alabama & more added to Smoky Mountains Rise lineup
  • Alabama year-to-date home sales through July up 6 percent over last year
  • Alabama manufactured home builders ready for Harvey response
  • Fewer Alabama veterans facing homelessness
  • Marijuana company native to Alabama is now a major national brand
  • Sale of Christ Hospital in Jersey City to Alabama real-estate trust may be in the works
  • Birmingham lawmakers, developers fear loss of UAB football will affect downtown business
  • See inside restored Alabama plantation homes where horror movies were filmed
  • Louisiana restaurant chain looks to expand into Alabama
  • Craig King Inducted President of Alabama Realtors Land Institute
  • Where Real Estate Taxes Are Worst
  • South Alabama prepares for winter weather system
  • Alabama tornados kill three, destroy homes, businesses
  • Alabama’s Stunning Château Montagel Could Be Yours
  • Art-filled Ono Island home like living in a gallery
  • An Alabama sheriff is using money to feed prisoners as personal funds: report
  • In Alabama, a McConnell rebuke, a Trump miscalculation