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There’s NO DEAL Between the Banks, Feds and States By Abigail Field, RealtyCheck, Feb 11, 2012 I’m beginning to think that the last couple of days were April 1st in disguise. I mean, what a crazy practical joke our Federal Government and State AGs just tried to play! What a parade of press...
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In Foreclosure Settlement Talks With Banks, Predictions of a Long Process March 30, 2011, New York Times Little was settled in the first round of foreclosure settlement talks. The nation’s top mortgage servicers met Wednesday in Washington with the attorneys general from five states as well as...
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A Look at Case-Shiller, by Metro Area February 23, 2010, Wall Street Journal The S&P/Case-Shiller 20-city home-price index, a closely watched gauge of U.S. home prices, was mostly flat in December from a month earlier. The index declined 3.1% from a year earlier. On a month-to-month basis prices...
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3rd Drop in Foreclosures Hints at Recovery; State-By-State Chart November 12 2009, USA TODAY Foreclosures fell for the third-consecutive month in October, another sign the worst of the housing crisis may be past. RealtyTrac, an Irvine, Calif., real estate firm, reports Thursday that foreclosure filings...
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Nevada Suit Could Halt Thousands of Foreclosures October 4, 2009, United Press International A Reno law firm is preparing a class action lawsuit on behalf of Nevada homeowners who face foreclosure by a surrogate company that represents thousands of mortgage owners but doesn't actually own the loans...
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How to Land a Foreclosure House September 28, 2009, Wall Street Journal Buying a foreclosure home often is appealing to house hunters trying to stretch their dollars. But finding a good one can be a challenge. So, if you're considering the purchase of a home that's owned by a bank, you'll...
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BankUnited Fails in Year's Biggest Bust Wall Street Journal Federal regulators seized Florida's BankUnited FSB on Thursday, the biggest bank failure this year, one that the Federal Deposit Insurance Corp. estimates will cost its weakened insurance fund $4.9 billion. BankUnited, which was owned...
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The Coming Debacle in Commercial Real Estate New York Times Though it came as no surprise to investors, the collapse of General Growth Properties, the nation’s second-largest mall owner, has stirred new fears about a coming debacle in commercial real estate. The global credit crisis , weakening...
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In an effort to personally help clear the inventory of foreclosure properties, a concerned politician or government employee living in the Washington, D.C., area might consider purchasing this bank-owned property in suburban Prince George's County . With five bedrooms and three bathrooms, this 3...
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Florida House Considers Tax Break for First-time Home Buyers Sun-Sentinel The Florida House is moving forward with a hefty tax break for first-time home buyers that would offer thousands in up-front savings to lure reluctant buyers into Florida's ailing real estate market. The break would give buyers...