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The $17 billion-asset Suffolk-based company is convinced paying $120 million for an in-state rival is a more productive use of capital than share buybacks
September 24 -
Virginia's housing market has demonstrated greater resiliency than many housing markets across the country even though home sales have slowed across much of the state as a result of COVID-19.
June 5 -
Home sales dipped in April due to the COVID-19 pandemic, but the decline in Virginia wasn't as severe as many had anticipated, according to Virginia Realtors.
May 28 -
February has become the new spring, according to panelists at the Fredericksburg (Va.) Area Association of Realtors' 2020 Vision: FAAR Housing Outlook round-table meeting.
February 11 -
Mary Doenlen couldn't tell a judge why she stole over $130,000 from her employer. She wasn't in financial straits. She has a daughter, a husband and a sickly father to tend to.
February 6 -
A Virginia Beach, Va., real estate broker was sentenced to 13 months in prison for secretly purchasing foreclosed properties the Department of Housing and Urban Development hired him to sell.
January 16 -
The owner of the MacArthur Center Mall in Norfolk, Va., has defaulted on a $750 million loan which includes the property as collateral.
December 20 -
A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.
November 21 -
Home price growth in certain markets surrounding Crystal City, Va., tripled the national average in the year since Amazon announced its second headquarters would go there.
November 13 -
The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas.
October 24