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May 24th 2012 @ 11:50AM
Marking the latest attempt to boost participation in a somewhat neglected foreclosure review program, the Federal Reserve recently released a video that explains the program. Announced during settlement negotiations between the government and mortgage servicers over foreclosure abuses, the Office of the Comptroller ... Continue Reading »
May 23rd 2012 @ 4:45PM
Marking another chapter in the saga of Terrell Owens' real estate woes, the former NFL star reportedly faces foreclosure on a condo that he owns in the Trump International Resort of Sunny Isles Beach, Fla. Deutsche Bank is attempting to foreclose on the unit, GossipExtra reports. The wide receiver, who raked in over ... Continue Reading »
May 22nd 2012 @ 1:40PM
In another positive sign for the housing market, existing-home sales and home prices posted increases in April, the National Association of Realtors says. Existing home sales rose 3.4 percent month-over-month to a seasonally adjusted annual rate of 4.62 million in April, which is 10 percent above last year's April ... Continue Reading »
May 22nd 2012 @ 11:45AM
While presumptive Republican presidential nominee Mitt Romney may be in the process of quadrupling the size of the La Jolla mansion (one of six homes in his real estate portfolio) that he purchased for $12 million in 2008, not all of our politicians appear insulated from the impact of the housing meltdown. Utah Sen. Mike ... Continue Reading »
May 18th 2012 @ 4:00PM
One couple that had been collecting welfare while living in a luxurious waterfront home would appear to have just learned an important lesson: Don't mess with Uncle Sam. The two Seattle residents drew widespread media attention last year after reports emerged that they had been collecting housing vouchers, food stamps ... Continue Reading »
