Landmark Interurban Building sold at foreclosureTuesday, July 19, 2011 @ 10:54AMA California-based partnership took the deed to the loft apartment building at this month's foreclosure auction.
Housing Starts in U.S. Climbed to Five-Month High in JuneTuesday, July 19, 2011 @ 8:41AMHousing starts in the U.S. rose more than forecast in June to the fastest pace in five months, led by a surge in work on multifamily dwellings like apartments.
Romney fund-raiser lobbied for foreclosure firmTuesday, July 19, 2011 @ 2:30AMMitt Romney has spent time on the campaign trail railing against high foreclosure rates, traveling earlier this year to one of the country’s foreclosure capitals, North Las Vegas, to bring the point home.
AP reports that mortgage 'robo-signing' goes onMonday, July 18, 2011 @ 9:42PMLenders say they are working with regulators to fix the problem but cannot explain why it has persisted.
"Robo-signing" of mortgages still a problemMonday, July 18, 2011 @ 7:54PMDespite reform promises, mortgage industry employees still don't read documents they sign, use fake signatures, AP finds
Ilyce Glink: What to do when ‘walking away' from upside-down loan violates principlesSunday, July 17, 2011 @ 12:37AMshare: digg facebook twitter [...] last December, he received word that he did qualify for a loan modification and needed to make three of the lowered payments (in January, February and March) on time and he would receive the “final-final” paperwork. Back in 2008, 2009 and most of 2010, temporary loan modifications were granted with (and sometimes without) a brief look at the documents ...
The Realities of Real Estate: Foreclosure and short sale updateSaturday, July 16, 2011 @ 11:41PMIn many parts of Maryland, the housing market is beginning to heal. Especially for the perimeter of Washington, D.C., popular benchmarks like the Case-Shiller Home Price Index have shown consistent improvement for some time now. The D.C. area continues to defy the nation as a whole, recording steady price increases since March 2009. Nevertheless, a robust recovery still remains elusive. The ...
Prium's Pierce County founders borrowed big, lived well and left tenants, contractors in lurchSaturday, July 16, 2011 @ 11:24PMJust five years ago, Tom Price and Hyun Um were a Pierce County success story. Riding the wave of real estate, the two men – with little experience in commercial real estate development – took other people’s money and grew their company with little help. • HOW IT EVOLVED: Pair met while at Central Washington University
Short sale can help avert foreclosureSaturday, July 16, 2011 @ 11:00PMFor homeowners who are upside-down on their mortgage — owing more on the loan than the house is worth — foreclosure isn't necessarily the only option.