Jun 29th 2010 7:19PM
#postcontentcontainer, #fivemin-widget-blogsmith-0{width:300px;height:250px;background:black url(http://pthumbnails.5min.com/3114706/155735263_3_300_250.jpg) no-repeat center center;} Eddie Kim's parents made savvy residential real estate purchases in New Jersey 15 years before the housing bubble burst, so he... Continue Reading »
Jun 21st 2010 5:10PM
This week starts a showdown on mortgage-lending rules. How strong the protections will be for consumers will depend upon how successful lenders are at softening the rules proposed by Congress. Up for grabs are rules for: loan repayment; appraisals; how much skin lenders must have in the game; and suing a lender for fraud... Continue Reading »
Jun 18th 2010 5:44PM
For Americans who lost their home to foreclosure, the real estate nightmare may not be over. In many states -- such as Florida, Illinois, New York, Texas, and Virginia, to name a few -- lenders have the legal right, known as a deficiency judgment, to go after borrowers who owe money on their foreclosed home. The lender... Continue Reading »
Apr 6th 2010 11:00AM
How's this for a clever energy-saving program: homeowners borrow money for green upgrades such as new windows, water heaters, insulation or roof-top solar panels. The money, loaned by states and municipalities that issue bonds to cover the program, is paid back by homeowners over 15 to 20 years, via a property tax... Continue Reading »
Mar 16th 2010 10:15AM
For homeowners struggling to keep up with their mortgage payments, their best hope may be negotiating a lower, more affordable monthly payment while they try to get their financial houses back in order. That's the aim of the government's Home Affordable Modification Program, which encourages lenders to modify loan... Continue Reading »
