Items Tagged with 'Vermont'


  • Vermont city partners with Propy to bring blockchain to real estate transfers

    Pilot program will use blockchain to record real estate conveyance documents
    Blockchain. It seems that one can’t go five minutes without hearing something else about how the ledger technology is the future of this industry or the future of that industry. While many have discussed what that utility could be, one company is launching a pilot that aims to show how blockchain can be used for real estate conveyance.
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  • Treasury Spends $309m to Jump-Start Affordable Housing

    The US Treasury Department is providing $309m to fund affordable housing projects stalled by the dearth of investment capital in today’s marketplace. The money — the latest of six similar payouts from $3bn in American Recovery and Reinvestment Act funds — will be divided among seven states: Arizona, Connecticut, North Carolina, North Dakota, Pennsylvania, South Carolina, and Vermont. The money will be used to fund affordable housing projects that already received state tax credits, but haven’t been completed because equity investors could not be found.
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  • 'Record' Foreclosure Volume in March: Report

    Foreclosure filings -- including default notices, auction sale notices and bank repossessions -- rose 9% in Q109 from Q408 and 24% on a year-over-year basis from Q108, according to the U.S. Foreclosure Market Report released today by RealtyTrac.
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  • Average Rental Rates Increase in Northeast: Report

    Average rental rates in multifamily properties throughout the Northeast rose modestly in the face of a troubled residential housing market, according to a survey released Friday by Sunrise Management & Consulting. The Fall 2008 Sunrise Multifamily Rental Market Report showed rate increases in most of New York and in all of Massachusetts, New Hampshire, Maine and Vermont. According to the report, the Rhode Island and western Connecticut markets reversed earlier flat growth with rental rate increases.
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  • National Mortgage Licensing System Expands to 14 States

    A national registry designed to centralize information on and licensing for mortgage brokers and lenders has expanded to 14 states, according to the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators, who first introduced the registry in January. On Monday, CSBS officials said that six more states -- Connecticut, Louisiana. Mississippi, North Carolina, New Hampshire and Vermont -- will begin using the Nationwide Mortgage Licensing System beginning July 1.
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