|
Thu, 23 Feb 2012 13:37:36 EST
Five years after the housing bubble burst, America's wealthiest families are now losing their homes to foreclosure at a faster rate than the rest of the country -- and many of them are doing so voluntarily.  |
|
|
|
Thu, 23 Feb 2012 13:57:33 EST
The 30-year fixed mortgage rate rose for the first time in four weeks, relinquishing its all-time record low amid news that the housing market is showing some signs of improvement.  |
|
|
|
Wed, 22 Feb 2012 12:16:25 EST
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.  |
|
|
|
Tue, 21 Feb 2012 07:32:06 EST
Even these mega-mansions in some of America's wealthiest neighborhoods are not immune to the housing crisis.  |
|
|
|
Wed, 22 Feb 2012 06:11:03 EST
A 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.  |
|
|
|
Tue, 21 Feb 2012 08:45:46 EST
Millions 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.  |
|
|
|
Fri, 17 Feb 2012 12:10:49 EST
Buying a home is now more affordable than it has been in the last twenty years.  |
|
|
|
Fri, 17 Feb 2012 09:39:50 EST
The most expensive apartment ever sold in Manhattan went for a cool $88 million this week.  |
|
|
|
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.  |
|
|
|
Thu, 16 Feb 2012 12:24:52 EST
The 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.  |
|
|
|
Thu, 16 Feb 2012 09:34:26 EST
New 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.  |
|
|
|
Thu, 16 Feb 2012 05:34:27 EST
Foreclosures 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.  |
|
|
|
Wed, 15 Feb 2012 20:29:07 EST
In 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.  |
|
|
|
Wed, 15 Feb 2012 15:38:28 EST
Citigroup 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.  |
|
|
|
Tue, 14 Feb 2012 05:34:20 EST
When it comes to dating, homeownership can be the ultimate aphrodisiac.  |