Homeowners take ‘cash for keys’ to escape debt
Fri, 12 Mar 2010 20:15:25 GMT
 Owners of bad loans are increasingly making deals with borrowers to avoid a foreclosure. Lawmakers are more accepting of these solutions even if they mean the borrower loses the home.
 
 Foreclosure - Loan - Business - Real estate - United States
Mortgage relief aid reaches few homeowners
Fri, 12 Mar 2010 22:05:38 GMT
 Hundreds of thousands of homeowners are in limbo waiting to find out if they will be accepted for the Obama administration's foreclosure prevention program.
Mortgage - Presidency of Barack Obama - United States - President - Business
New wave of foreclosures threatens market
Fri, 12 Mar 2010 10:52:02 GMT
 Swelling ranks of homeowners who are seriously delinquent but haven't yet lost their homes may soon lead to a new round of foreclosures.
Foreclosure - Real estate - Business - RealtyTrac - United States
Survey: Pace of foreclosures may be slowing
Thu, 11 Mar 2010 13:19:27 GMT
 RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the smallest annual increase in four years.
Mortgage rates fall below the 5 percent mark
Thu, 11 Mar 2010 16:50:00 GMT
 Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.
Ten cities managing to weather the recession
Tue, 9 Mar 2010 01:00:13 GMT
 Jobs in Washington D.C. are growing quickly, and in 2008 the city produced more in goods and services than almost anywhere in the country.
Washington DC - Weather - Recession - United States - Washington
Pending home sales tumble amid winter woes
Thu, 4 Mar 2010 16:20:37 GMT
The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.
Business - Construction and Maintenance - Residential Housing - Real estate - Thomson Reuters
Forbes: Where you can get ahead quickly
Mon, 1 Mar 2010 12:42:37 GMT
 Professional success often requires some degree of sacrifice. Surprisingly, one of those sacrifices might include moving to the outskirts of some big cities.
Forbes - Business - United States - Business and Economy - Business Services
Government extends refinance program a year
Mon, 1 Mar 2010 19:30:13 GMT
The government is giving homeowners another year to refinance their loans under a little-used program designed to help borrowers whose homes have plummeted in value.
Loan - Refinancing - Government - Mortgage - United States
Construction spending falls to 2003 levels
Mon, 1 Mar 2010 15:10:53 GMT
Construction spending fell for a third straight month, pulled down by a slump in private nonresidential spending and weak public construction, a government report showed.
Public school - Business - Construction and Maintenance - Consulting - Economic
Homebuyer credit not jolting housing market
Mon, 1 Mar 2010 12:45:13 GMT
It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market's recovery.
Real estate economics - Real estate - Business - Residential - Financial Services
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Mon, 1 Mar 2010 12:45:13 GMT
Existing-home sales tumble 7.2 percent
Fri, 26 Feb 2010 21:46:14 GMT
 Sales of previously occupied homes took a large drop for the second straight month in January. It was another sign the housing market's recovery is faltering.
U.S. Housing Market - Business - Real estate - Residential - Marketing and Advertising
Fannie Mae seeks $15.3 billion more in aid
Fri, 26 Feb 2010 23:53:32 GMT
Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.
Fannie Mae - Freddie Mac - Business - Thailand - Provinces
Slideshow: Slideshow: Mystery of a reclusive heiress
Fri, 5 Mar 2010 16:18:40 GMT
 Why are the mansions of one of America’s richest women sitting vacant? Click to follow this photo narrative of the reclusive Huguette Clark and her father, William Andrews Clark, the "Paris millionaire senator." Where is Huguette Clark? And what will become of her fortune?
United States - Wealth - Narrative - Government - Politics
Pittsburgh tops list of best housing markets
Fri, 26 Feb 2010 21:36:04 GMT
 Families in the market for a house are shopping at the right time: Nationally, homes are near the most affordable they've been in 18 years.
Pittsburgh - House - Real estate - Business - Residential
Sales of new homes hit a record low in January
Wed, 24 Feb 2010 23:42:38 GMT
Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in decades.
Business - United States - Marketing and Advertising - Recreation - Picture Ratings
Home prices gain for seventh straight month
Tue, 23 Feb 2010 17:56:28 GMT
Home prices rose nationally for the seventh straight month in December as the U.S. housing market continues its bumpy road to recovery.
Real estate pricing - Real estate economics - United States - Real estate - Business
Obama considers changes to mortgage plan
Mon, 22 Feb 2010 23:45:31 GMT
The Obama administration is soon expected to unveil additional protections to ensure homeowners are treated fairly and consistently under its mortgage relief program.
Presidency of Barack Obama - Mortgage - United States - Business - Financial Services
Fewer people falling behind on home loans
Fri, 19 Feb 2010 21:17:49 GMT
The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb.
Mortgage - Foreclosure - Loan - Business - Financial Services
Open House: Homes available in Vancouver
Fri, 19 Feb 2010 12:34:28 GMT
If watching the Games have inspired you to move, these Vancouver properties are up for sale.
Vancouver - Canada - House - Regional Districts - British Columbia
Obama unveils $1.5 billion in housing aid
Fri, 19 Feb 2010 21:54:52 GMT
 President Barack Obama used a campaign push for Senate Majority Leader Harry Reid to announce a new fund to support homeowners in five states hit hardest by the housing crisis.
Barack Obama - President of the United States - Economic - United States - Politics
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