Latest Real Estate News
Home prices fell to their lowest point in more than a decade in January, but that helped to lift the pace of home sales, according to a report from an industry trade group.
Posted on 22 February 2012 | 8:34 am
Fannie, Freddie legal fees: $110 million and countingA watchdog agency said Wednesday that the legal tab for former leaders of mortgage finance giants Fannie Mae and Freddie Mac is at least $110 million.
Posted on 22 February 2012 | 4:11 am
The other foreclosure settlementMillions of borrowers who suffered financial losses because their mortgage lenders played fast and loose while processing their foreclosures now have two ways of getting a payback.
Posted on 21 February 2012 | 6:45 am
Multi-million dollar foreclosuresEven these mega-mansions in some of America's wealthiest neighborhoods are not immune to the housing crisis.
Posted on 21 February 2012 | 5:32 am
Home buying: Most affordable in decadesBuying a home is now more affordable than it has been in the last twenty years.
Posted on 17 February 2012 | 10:10 am
New York apartment sells for a record $88 millionThe most expensive apartment ever sold in Manhattan went for a cool $88 million this week.
Posted on 17 February 2012 | 7:39 am
Fewer homeowners missing mortgage paymentsThe mortgage meltdown that began five years ago appears to be reversing course as the percentage of loans that fell into delinquency slowly returned to normal rates and fewer loans fell into foreclosure.
Posted on 16 February 2012 | 10:24 am
New home construction starts strong in 2012New home construction got off to a strong start for the year, with housing starts and building permits rising in January on a monthly and annual basis -- another sign that the U.S. housing market and broader economy are headed in the right direction.
Posted on 16 February 2012 | 7:34 am
Foreclosures climbed in JanuaryForeclosures picked up in January, yet another sign that the nation's huge glut of delinquent homes may soon start making their way onto the market.
Posted on 16 February 2012 | 3:34 am
Banks pay homeowners $35K to sellIn an effort to cut their losses, banks are paying some struggling homeowners as much as $35,000 to sell their homes before they end up in foreclosure.
Posted on 15 February 2012 | 6:29 pm
Citi fined $158 million for gaming federal housing programCitigroup will pay $158 million to settle charges that its mortgage unit defrauded the Federal Housing Administration by inaccurately claiming that certain mortgages were eligible for government insurance, government officials announced Wednesday.
Posted on 15 February 2012 | 1:38 pm
Mortgage deal could bring billions in reliefIn the largest deal to date aimed at addressing the housing meltdown, federal and state officials on Thursday announced a $26 billion foreclosure settlement with five of the largest home lenders.
Posted on 15 February 2012 | 1:17 pm
Want a date? Buy a homeWhen it comes to dating, homeownership can be the ultimate aphrodisiac.
Posted on 14 February 2012 | 3:34 am
Mortgage deal means more foreclosuresEven as the $26 billion mortgage settlement helps hundreds of thousands of troubled homeowners, it will bring a wave of new forclosures.
Posted on 10 February 2012 | 3:13 pm
What the foreclosure settlement means for youThe nation's five largest banks have finally struck a deal with 49 states to settle charges of abusive and negligent foreclosure practices dating back to 2008.
Posted on 9 February 2012 | 3:50 pm
30-year mortgage rate holds at record lowRates on 30-year fixed mortgages remained at an all-time record low for the second week in a row.
Posted on 9 February 2012 | 10:39 am
Homes in foreclosure decline by 130,000Slowly, but surely, the foreclosure crisis seems to be abating.
Posted on 8 February 2012 | 7:09 am
Home repairs: Which jobs come first?Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance.
Posted on 3 February 2012 | 3:27 am
Housing: The one bailout America could really useLaurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.
Posted on 17 January 2012 | 5:20 pm
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