What you want for the holidays

Posted on Friday, December 11, 2009 9:40:10 AM
In a stay-put real estate market, some of the best gifts are home-improvement tools.

Congress demands banks do more on mortgages

Posted on Friday, December 11, 2009 9:39:46 AM
Executives for mortgage companies and government officials faced an angry congressional committee Tuesday concerning some of the problems with the Obama administration's mortgage-aid program aimed at avoiding foreclosures.

Only about 4% get long-term mortgage help

Posted on Thursday, December 10, 2009 6:22:15 PM
Only about 4% of troubled borrowers have received long-term help under the Obama administration's foreclosure prevention program, Treasury officials said Thursday.

Mortgage rates remain below 5 percent

Posted on Thursday, December 10, 2009 5:29:16 PM
Mortgage rates rose this week but still remained below 5 percent, Freddie Mac said Thursday.


Freddie Mac - Mortgage - Loan - Macintosh - Apple

Mortgage relief slow in coming to many

Posted on Thursday, December 10, 2009 4:39:28 PM
Just over 31,000 homeowners have received permanent loan modifications under the Obama administration's mortgage relief plan, a big setback for the government's embattled effort to stem the foreclosure crisis.


Mortgage - Foreclosure - Presidency of Barack Obama - Business - Government

Foreclosure activity falls for fourth month

Posted on Thursday, December 10, 2009 10:29:54 AM
The number of homeowners on the brink of foreclosure fell in November, the fourth straight monthly decline, as mortgage companies evaluated whether borrowers were eligible for help.


Foreclosure - Mortgage - Business - Real estate - Investing

Foreclosure plague slowing: Filings fall 8%

Posted on Thursday, December 10, 2009 7:18:43 AM
Foreclosure filings fell by 8% in November, making it the fourth consecutive month of improvement in the housing market.

Few helped by Obama’s mortgage relief plan

Posted on Wednesday, December 9, 2009 2:58:03 PM
Only about 10,000 homeowners have received permanent loan modifications under the Obama administration's mortgage relief plan.


Mortgage - Presidency of Barack Obama - United States - Business - Financial Services

Open House: Living in a winter wonderland

Posted on Wednesday, December 9, 2009 7:20:39 AM
Even the snow can be romantic in these mountaintop luxury homes.


United States - Romance - Business and Economy - Construction and Maintenance - PRWEB

In real estate, nesting is the new flipping

Posted on Wednesday, December 9, 2009 6:52:36 AM
If flippers were the poster children of the real estate boom, then nesters are becoming the icons of the new housing market.

Home values plummet $500 billion

Posted on Wednesday, December 9, 2009 6:24:14 AM
American homeowners will have lost nearly $500 billion in home value by year's end.

SEC: Ex-New Century execs misled investors

Posted on Monday, December 7, 2009 4:18:45 PM
Federal regulators on Monday accused three former top executives of collapsed mortgage lender New Century Financial Corp. of fraud, saying they misled investors as the company's subprime loan business was failing in 2006.


Business - New Century - Subprime lending - U.S. Securities and Exchange Commission - Financial services

BofA says it has modified 600,000 mortgages

Posted on Monday, December 7, 2009 2:29:03 PM
Bank of America Corp. said Monday it has provided mortgage relief through loan modifications for more than 600,000 homeowners since January 2008.


Mortgage - Bank of America - Business - Loan - Financial Services

Is walking away smart if home underwater?

Posted on Friday, December 4, 2009 3:16:55 PM
Stop paying your mortgage. At least that's the underlying message from a University of Arizona law professor for owners whose homes are underwater.


University of Arizona - Professor - Mortgage - United States - Arizona

Study shows wind farms don’t hurt home prices

Posted on Wednesday, December 2, 2009 5:39:33 PM

Wind farms have no measurable effect on nearby property values, according to a government report published Wednesday.

Should FHA home loans be more expensive?

Posted on Wednesday, December 2, 2009 4:54:36 PM
Should it be more expensive to get a mortgage insured by the Federal Housing Administration?

General Growth, lenders agree to debt rework

Posted on Wednesday, December 2, 2009 9:14:39 AM
General Growth Properties Inc. said Wednesday that it has filed its reorganization plan, and its lenders have agreed to restructure about $9.7 billion in shopping mall mortgage loans.


General Growth Properties - Business - United States - Shopping mall - Mortgage loan

Economic reports hint at modest growth

Posted on Tuesday, December 1, 2009 12:26:30 PM

The economic recovery seems on track for slow but steady gains after reports showed growth in manufacturing activity, construction spending and contracts to buy homes.

Home sales contracts soar in October

Posted on Tuesday, December 1, 2009 10:39:38 AM
Americans are inking a lot of deals to buy homes.

Junk mortgages: It just gets worse

Posted on Tuesday, December 1, 2009 9:51:13 AM
Back two years ago when the mortgage meltdown was heating up, we wrote an article called "Junk Mortgages Under the Microscope" dissecting a particularly wretched mortgage-backed securities issue peddled by Goldman Sachs.

Option ARMs: Housing recovery killer?

Posted on Tuesday, December 1, 2009 8:22:03 AM
Option-ARMs: File under, "It sounded good at the time."

Dubai World may take big loss on U.S. hotels

Posted on Monday, November 30, 2009 7:29:26 PM
Dubai World borrowed billions of dollars to acquire some of the most high-profile commercial developments in the United States in recent years.


Dubai - United States - Hotel - United Arab Emirates - Middle East

Obama ups pressure on banks to help homeowners

Posted on Monday, November 30, 2009 7:02:23 PM
Struggling to stem the swelling foreclosure tide, the Obama administration announced new steps Monday to pressure banks to help homeowners long term.

White House tries to spur mortgage relief plan

Posted on Monday, November 30, 2009 5:13:58 PM

The Obama administration's efforts to step up pressure on the lending industry to provide mortgage relief includes few new incentives or penalties.

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Posted on Monday, November 30, 2009 5:13:58 PM