Posts with tag homeowners

If you're a new homeowner, chances are you have a wish list of home improvements you'd like to make as soon as you move in. If you own a home and are trying to sell, you're scrambling to make upgrades before you can put your place on the market. Either way, it's easy to make renovation mistakes--especially at this time of... Continue Reading »

Home builders are sitting on their hands, as are apartment and government project builders, with building activity at around half the $1.5 trillion that would constitute a robust construction environment. Construction spending declined for the third month in a row in February, falling 1.4 percent, according to the... Continue Reading »

Starting April 1, a federal law will change the way mortgage brokers earn their pay. Advocates say the rule prevents needless mark-ups on loans that pad brokers' incomes. However, critics argue the law hurts consumers by narrowing the marketplace and funnels more customers to fewer lenders. Don Hagan, vice president of... Continue Reading »

Could new mortgage regulations created to protect homebuyers under the Truth in Lending Act actually hurt more than it helps? The debate rages on, as mortgage brokers brace for what some argue will lead to less competition in the market, and therefore less credit for consumers. Charles Hugh Smith at our sister site,... Continue Reading »

The robo-signing foreclosure saga continues for homeowners in New York, who claim to have been wrongly foreclosed on due to shoddy paperwork. But this time around, judges are throwing out foreclosure cases where lenders won't swear up and down that their foreclosure procedures were accurate. Effectively, homeowners in... Continue Reading »