Headline News Archive

2009

May

30

• Getting serious about busting mortgage fraud. It may not have made a big splash on network news or in print, but for real estate it was the equivalent of a congressional

• U.S. serious about busting mortgage fraud. It may not have made a big splash on network news or in print, but for real estate it was the equivalent of a congressional

26

• Face-lift for foreclosure prevention. The Obama administration is attempting to revive a stalled government foreclosure prevention program that could restore equity to hundreds of thousands of borrowers whose home

25

• France's largess shields many. MENTON, France - In recent years, Jean Beaufranqui and his wife have spent most of their time in Menton, enjoying the sunshine and gentle Mediterranean

23

• First time homebuyers can use tax credit as cash. The $8,000 federal tax credit for first-time home purchasers is about to morph into a ready-cash down payment source, thanks to a federal policy change. Buyers

20

• U.S. may add new financial services watchdog. The Obama administration is actively discussing the creation of a regulatory commission that would have broad authority to protect consumers who use financial products as

19

• $8,000 para comprar tu primera casa. Si nunca has comprado una casa, éste es el año ideal. No sólo porque estamos antes los precios más asequibles de los ú

18

• Banning a tricky accounting practice. The end is nearing for an accounting trick destined to be remembered as a hallmark of the housing boom, because it allowed financial firms to

17

• New Fannie & Freddie rules raise appraisal costs. How about this scenario the next time you refinance or apply for a mortgage: The real estate appraisal that used to cost you $325 now costs $450,

15

• Amplían ayuda para impedir embargos. Debido al continuado aumento de los embargos hipotecarios, el gobierno federal ampliará los incentivos para que los bancos ofrezcan modificaciones de hipotecas y/o alternativas

14

• More homeowners get aid, but demand keeps rising. In the two months since it launched, the Obama administration's foreclosure prevention plan has outperformed the government's previous attempts, offering more than 50,000 homeowners lower-cost mortgages.

12

• Se avecina fuerte ola de embargos. El tipo de llamadas que la organización East LA Community Corporation (ELACC) recibe de familias en peligro de embargo inmobiliario ha comenzado a cambiar.

11

• Adressing the 'too big to fail' problem. A good clue that a phenomenon has penetrated the public's consciousness is when it gets referred to by shorthand, like "DVD," or "Brangelina." The latest

10

• Banks seem to be renting legislators. Pharmaceutical companies write the Medicare prescription drug benefit law, the oil industry writes environmental law. So it should come as no shock to read an

• Consumer beware when hiring a mover. Seated briefly before resuming last-minute packing, Connie Hansen waved at a stack of nine cartons of books in her bedroom. "We have probably another 100 boxes

09

• Challenging broker's add-on fees. A federal district court has handed down a ruling in a class-action lawsuit that could directly affect the fees you pay to the real estate

08

• De cheque a cheque y sin casa. Los precios han bajado, pero comprar casa sigue siendo tanto o más difícil para una gran mayoría de familias trabajadoras. En Los Á

07

• Lift to consumer lending in question. A $1 trillion federal program to spark consumer lending may not have any significant impact on the ability of consumers and small businesses to borrow money,

• Senate to overhaul troubled foreclosure prevention program. The Senate approved a housing bill late Wednesday aimed at addressing the country's growing foreclosure problem, including revamping a troubled government foreclosure prevention program. The

• Big banks receiving federal aid backed subprime loans. Many of the banks receiving billions of dollars in federal aid owned or bankrolled subprime lenders that directly contributed to the unraveling of the global

05

• Where home prices crashed early, signs of rebound. Is this what a bottom looks like? This city was among the first in the nation to fall victim to the real estate collapse. Now

• Banks get stress test results. Regulators plan to brief the nation's largest banks today on the final results of federal tests to determine whether the companies have sufficient reserves to

• ¿Te conviene refinanciar?. Los bancos están inundados con aplicaciones para refinanciar hipotecas. Para muchos, no es la primera vez que buscan desesperadamente ayuda financiera. Parte del 85% de

04

• Seniors at home in co-housing. Annie Russell lives alone but not in solitude. While she was laid up for almost nine months by an injured knee, neighbors checked in on

02

• Advance housing credit might sell homes. For the housing market, it's the equivalent of financial alchemy, and it's hot: Turning the $8,000 federal home-purchase tax credit, which normally can't be spent until