|
Wed, 08 Feb 2012 22:35:03 EST
New York and California will join just about all the other states in a settlement with the nation's largest banks aimed at helping homeowners struggling with loans bigger than the value of their homes, according to a person familiar with the talks.  |
|
|
|
Wed, 08 Feb 2012 09:09:12 EST
Slowly, but surely, the foreclosure crisis seems to be abating.  |
|
|
|
Tue, 07 Feb 2012 07:24:56 EST
More than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that's aimed at relieving homeowners struggling with loans bigger than their home's value.  |
|
|
|
Fri, 03 Feb 2012 05:21:07 EST
States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.  |
|
|
|
Fri, 03 Feb 2012 05:27:41 EST
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.  |
|
|
|
Thu, 02 Feb 2012 13:40:28 EST
Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record.  |
|
|
|
Wed, 01 Feb 2012 14:28:12 EST
The Obama administration on Wednesday detailed its latest plan to help millions of homeowners refinance their mortgages to today's historically-low rates.  |
|
|
|
Tue, 17 Jan 2012 19:20:23 EST
Laurie 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.  |
|
|
|
Tue, 31 Jan 2012 20:02:43 EST
Florida's cities were some of the hardest hit by the housing bust, but now they are leading the charge back. Of Realtor.com's top 10 turnaround towns, eight are in the Sunshine State.  |
|
|
|
Wed, 01 Feb 2012 10:15:22 EST
You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.  |
|
|
|
Wed, 01 Feb 2012 10:18:09 EST
Investors are racing into REITs that promise higher yields than equity REITs. But be forewarned, the higher yields of these other types of real estate vehicles come with very real risks.  |
|
|
|
Wed, 01 Feb 2012 05:40:57 EST
Between slumping prices and low mortgage rates, it's a good time to look for real estate bargains. But thanks to tightened lending standards, legions of young would-be homebuyers aren't exactly in a position to take advantage of the opportunity. That's where their parents come in: One in three first-time buyers received either a gift or a loan from their families to help buy a home in 2011, according to the National Association of Realtors.  |
|
|
|
Tue, 31 Jan 2012 17:26:46 EST
Home prices posted a steep, month-over-month drop in November, falling 1.3%, according to the latest S&P/Case-Shiller 20-city report. Prices fell in 19 of the 20 cities the index covers.  |
|
|
|
Fri, 27 Jan 2012 17:12:39 EST
FORTUNE -- Over the past few months, a spate of good news about the U.S. housing market has led some to think a recovery is finally on the horizon.  |
|
|
|
Thu, 02 Feb 2012 12:35:51 EST
President Obama's latest probe into the mortgage meltdown will have more power than past efforts, and federal officials say it won't derail a possible $20 billion settlement for underwater and foreclosed homeowners.  |