Atlanta Development Authority Announces $50,000 Down Payment Assistance

The Atlanta Development Authority has announced that they have new mortgage funding available beginning September 1st of 2011, until April 15th of 2012. Read the press release here. This new program is funded through the Federal New Issue Bond Program. It aims to make mortgage funding available to home buyers who meet specific qualifications. One […]

Chinese Firms Given Red Carpet Treatment

Officials in New York City are attempting to woo a group of Chinese representatives as they look for investment opportunities in the U.S.

RE/MAX Greater Atlanta Goes Belly Up

In news from Atlanta, a metro area RE/MAX agency there has filed for Chapter 11 bankruptcy protection. Greater Atlanta Brokerage Solutions LLC filed on Monday in the U.S. Bankruptcy Court in Atlanta, apparently left owing millions in unpaid debts according to associated news from Atlanta. This RE/MAX franchise, while a large entity, is independent of several there in the Atlanta area.

Hilco Forms New Group to Assist Deeply Distressed Assets

Hilco Real Estate, LLC has formed a new group called Hilco Real Estate Managed Asset Resolutions (HREMAR), which it will task with providing specialized, turnkey loan services to loan and real estate investing agencies with deeply distressed loans and REO assets.

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