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Rick Kumer
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(757) 456-2345
kumer@
remax-vb.hrcoxmail.com
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Local Real Estate News
    Local Real Estate News
  • Todd Baird Dana Baird v. Federal Home Loan Mortgage Corporation
    Tuesday, August 01, 2017, 2:00 AM
    Before NIEMEYER, SHEDD, and DIAZ, Circuit Judges.Henry W. McLaughlin, III, LAW OFFICE OF HENRY MCLAUGHLIN, P.C., Richmond, Virginia, for Appellants. Andrew B. Pittman, Maryia Jones, Kendall A. Hamilton, TROUTMAN SANDERS LLP, Virginia Beach, Virginia, for Appellee.
  • New Orleans, one of US's top cities in attracting Millennials to live
    Monday, December 04, 2017, 8:48 AM
    Good news for New Orleans as it approaches its 300 year anniversary. The national publication, Business Insider has named New Orleans to a list of 11 U.S. cities to which "Millennials are flockinga in droves."
  • Forget New York - millennials are flocking to these 11 US cities in droves
    Tuesday, November 28, 2017, 1:45 PM
    But factors such as rising real-estate prices and high job competition have sent millennials searching for other places in the United States to call their home. We compiled the cities and towns that millennials have moved to in droves over the past few years, using data from personal finance company SmartAsset , real-estate analytics firm RCLCO , and mortgage software firm Ellie Mae .
  • Best Bank In 'Towne' For A Flat Yield Curve
    Thursday, November 16, 2017, 2:08 PM
    In addition, Towne Bank's core banking operation is top of its class, which should provide benefit when yields normalize. The flattening yield curve has dominated the news headlines this month.
  • Analysts' Updated EPS Estimates for November, 10th (ADNT, AHH,...
    Friday, November 10, 2017, 4:53 PM
    Barclays PLC currently has a $81.00 target price on the stock. was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating.
  • Fannie-Freddie Talks Set Competition as the Cost of Freedom
    Friday, December 15, 2017, 10:29 PM
    A plan being developed by Republican Bob Corker of Tennessee and Democrat Mark Warner of Virginia would lower barriers to entry by removing some advantages Fannie and Freddie now possess. The goal is to create a system sturdy enough to withstand the failure of any one company and avoid a rehash of the taxpayer rescue that occurred during the 2008 financial crisis.
  • Senators look for Fannie-Freddie competitors
    Friday, December 15, 2017, 5:03 PM
    A pair of U.S. senators is determined to entice more companies to compete with Fannie Mae and Freddie Mac in the housing-finance market. A plan being developed by Republican Bob Corker of Tennessee and Democrat Mark Warner of Virginia would lower barriers to entry by removing some advantages Fannie and Freddie now possess.
  • Issues A Challenge Beyond Local Market
    Wednesday, November 29, 2017, 9:41 PM
    Bob Adams, executive director of Housing Virginia, speaks at a housing summit Wednesday at the DoubleTree by Hilton. "If you don't have a stable place to live," said Adams, "it's hard to focus on anything else."
  • Agency offers manufactured home loans
    Tuesday, November 28, 2017, 8:04 PM
    The Virginia Housing Development Authority recently partnered with a federal agency to pilot a new home loan program that helps low- to moderate-income individuals and families buy manufactured homes in rural areas.
  • Who Helps Neighborhood Groups Succeed?
    Friday, November 24, 2017, 7:36 AM
    Earlier this summer my wife and I packed up our house in Minneapolis and moved to Charlottesville. We had been living in Minnesota for the past decade, in a wonderful neighborhood about a mile from the Mississippi River and three miles from downtown Minneapolis.

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