Apr 8th 2011 8:47AM
Every Republican on a Colorado House committee voted no last week to a bill that was to provide housing counseling and foreclosure-prevention services to families trying to hold on to their homes; while at the nation's capital mortgage servicers agreed to do better by homeowners facing foreclosure across the nation. The... Continue Reading »
Oct 8th 2010 1:06PM
Talk about price appreciation. Donnie and Kathy Fulbright bought a one-story house on less than an acre in Maiden, N.C., for $6,000 34 years ago, and they recently sold it for $1.7 million. The new owner? Apple Inc. What does the Cupertino, Calif., maker of iPods and iPads need acreage in rural North Carolina for? The... Continue Reading »
Aug 19th 2010 4:53PM
Foreclosures in North Carolina are on pace to set a new record of 70,000-plus filings in 2010, eclipsing last year's record of 63,289. By the end of July there were already more than 40,000 filings, according to data analyzed by the North Carolina Justice Center. Foreclosure activity slowed a tad in 2009, after lenders... Continue Reading »
Aug 6th 2010 11:17AM
A couple of weeks ago, I wrote about the $1.5 billion in new Home Affordable Modification Program funds exclusively for states with the biggest home price drops: California, Florida, Nevada, and Arizona (Michigan somehow made it in, too). Now the Treasury Department has announced Part 2 of that project – another $600... Continue Reading »
May 6th 2010 11:00AM
Could your next beach rental include a view of a wind farm out in the distance? It could become a reality up and down the East Coast, with Interior Secretary Ken Salazar's approval of the controversial Cape Wind project. Clean energy supporters sure hope so, particularly in light of the traumatic environmental... Continue Reading »
