News

2007

December

07
  • Those who avoided risk call plan a raw deal. In 2005, when even the bartender on U Street talked about all his condo investments, Matthew Brown and his fiancee walked away from the local housing boom. Instead, the District couple decided to take the unfashionable
  • Bush confía en su plan hipotecario. El plan de rescate inmobiliario anunciado ayer por la Administración Bush tiene un alcance para una fracción de propietarios con hipotecas de alto riesgo que, entre otras cosas, congela por cinco años
  • Nuevo récord de embargos. Los embargos hipotecarios a nivel nacional alcanzaron un nuevo récord durante el tercer trimestre del año, y durante este período más familias se sumaron a la fila de aquellos que está
06
  • Subprime ARM reset agreement reached. resident Bush will announce this afternoon an agreement with major mortgage firms to freeze interest rates for five years for financially troubled homeowners - a plan advocates say will help forestall a major foreclosure crisis
  • FBI to heighten mortgage fraud probes. The FBI today will launch a mortgage fraud task force in its Washington field office, joining a widening net of state and local investigators digging into the market crisis. Investigators are seeking to uncover evidence
  • En camino la ayuda para salvar hipotecas. La ayuda que muchas familias a través de todo el país necesitan para no perder sus casas podría llegar a más tardar hoy jueves, cuando se espera que el gobierno federal
04
  • Credit counselors take center stage. In the middle of his speech yesterday on the administration's efforts to fix the mortgage crisis, Treasury Secretary Henry M. Paulson Jr. paused to carefully spell out a toll-free telephone number that troubled homeowners can
  • Treasury Secretary outlines mortgage fix. Treasury Secretary Henry M. Paulson Jr. unveiled new details of the Bush administration's mortgage-relief plan yesterday, including a proposal that would grant new powers to local governments to refinance the mortgages of struggling homeowners. Paulson
  • Viene en camino ayuda hipotecaria. El secretario del Tesoro, Henry Paulson, dijo el lunes que estaba confiado en que pronto habrá un acuerdo para ayudar a los dueños de vivienda congelando las tasas de interés en sus hipotecas.
  • Crédito sano, casa a la vista. Con todas esas noticias pesimistas sobre el sector de los bienes raíces se podría pensar que en este momento es casi imposible obtener una hipoteca. No es el caso, pero para ello tiene
02
  • Foreclosure rehabbers bet on sales. MAPLE HEIGHTS, Ohio — After the unpaid mortgage bills, the creditor warnings and finally the sheriff's sale, it's sometimes left to a handy man like Adrian Brad to clean up the mess left by the nation's
01
  • Renovations rarely recoup their cost. Linda and Jose Rahona created a master bathroom with floor-to-ceiling tile, custom glass shower doors and sleek fixtures. It took three months of dust, tilers, electricians, plumbers and glaziers - and $25,000 - to finish. Now
  • Mortgage freeze for subprime loans?. Mortgage rates for homeowners with spotty credit histories would be temporarily frozen under a nearly completed agreement between top Bush administration officials and a broad alliance of Wall Street's biggest banks, mortgage investors, nonprofits and
  • Big rebukes on title company referrals. Rigged appraisals, lax underwriting and toxic loans may dominate the headlines, but they are hardly the only issues causing problems in residential real estate. The federal government and state regulators are targeting other housing-related misdeeds

November

30
  • Paulson says housing help is on the way. Passing squall or supersized economic blowout? However the housing and credit-market upheavals play out, they will shape the legacy of Treasury Secretary Henry M. Paulson Jr. From the start, he has tried to orchestrate a
29
  • Spreading the [housing] misery. The nation’s foreclosure crisis is metastasizing, and communities are in harm’s way as property values and tax bases decline and crime increases. In the third quarter, there were 635,000 foreclosure filings, a 30 percent increase
28
  • Subprime homeowners to study their loans with care (Chinese). 【明報專訊】根據昨日「環球洞察」(Global Insight)公布報告及種種預告,消費者行動發言人李嘉表示:08年將出現嚴重負債,華裔物業主及早做好準備工作,就還貸款狀況做到心中有數,必要時,尋求有關組織的幫助,避免屆時措手不及,承受經濟損失外,還失去房屋。 在上個月,「現在改革社區協會」(Association of Community Organizations for Reform Now)已發現,灣區近4,800名次級房貸者可能在未來幾年遭遇房屋回贖權被取消,物業主、城市與貸款機構將損失約15億元。取消房屋回贖權也會影響到鄰區房價,導致壓低房價約116億元。
 

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