Home prices at lowest point in more than 10 years Home prices fell to their lowest point in more than a decade in January, but that helped to lift the pace of home sales, according to a report from an industry trade group.
Wed, 22 Feb 2012 10:34:04 EST Fannie, Freddie legal fees: $110 million and counting A watchdog agency said Wednesday that the legal tab for former leaders of mortgage finance giants Fannie Mae and Freddie Mac is at least $110 million.
Wed, 22 Feb 2012 06:11:03 EST The other foreclosure settlement Millions of borrowers who suffered financial losses because their mortgage lenders played fast and loose while processing their foreclosures now have two ways of getting a payback.
Tue, 21 Feb 2012 08:45:46 EST Multi-million dollar foreclosures Even these mega-mansions in some of America's wealthiest neighborhoods are not immune to the housing crisis.
Fri, 17 Feb 2012 09:39:50 EST Fewer homeowners missing mortgage payments The mortgage meltdown that began five years ago appears to be reversing course as the percentage of loans that fell into delinquency slowly returned to normal rates and fewer loans fell into foreclosure.
Thu, 16 Feb 2012 12:24:52 EST New home construction starts strong in 2012 New home construction got off to a strong start for the year, with housing starts and building permits rising in January on a monthly and annual basis -- another sign that the U.S. housing market and broader economy are headed in the right direction.
Thu, 16 Feb 2012 09:34:26 EST Foreclosures climbed in January Foreclosures picked up in January, yet another sign that the nation's huge glut of delinquent homes may soon start making their way onto the market.
Thu, 16 Feb 2012 05:34:27 EST Banks pay homeowners $35K to sell In an effort to cut their losses, banks are paying some struggling homeowners as much as $35,000 to sell their homes before they end up in foreclosure.
Wed, 15 Feb 2012 20:29:07 EST Citi fined $158 million for gaming federal housing program Citigroup will pay $158 million to settle charges that its mortgage unit defrauded the Federal Housing Administration by inaccurately claiming that certain mortgages were eligible for government insurance, government officials announced Wednesday.
Wed, 15 Feb 2012 15:38:28 EST Mortgage deal could bring billions in relief In the largest deal to date aimed at addressing the housing meltdown, federal and state officials on Thursday announced a $26 billion foreclosure settlement with five of the largest home lenders.
Wed, 15 Feb 2012 15:17:57 EST Want a date? Buy a home When it comes to dating, homeownership can be the ultimate aphrodisiac.
Tue, 14 Feb 2012 05:34:20 EST Mortgage deal means more foreclosures Even as the $26 billion mortgage settlement helps hundreds of thousands of troubled homeowners, it will bring a wave of new forclosures.
Fri, 10 Feb 2012 17:13:02 EST What the foreclosure settlement means for you The nation's five largest banks have finally struck a deal with 49 states to settle charges of abusive and negligent foreclosure practices dating back to 2008.
Thu, 09 Feb 2012 17:50:39 EST 30-year mortgage rate holds at record low Rates on 30-year fixed mortgages remained at an all-time record low for the second week in a row.
Wed, 08 Feb 2012 09:09:12 EST Home repairs: Which jobs come first? Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance.
Fri, 03 Feb 2012 05:27:41 EST Housing: The one bailout America could really use Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.
Tue, 17 Jan 2012 19:20:23 EST
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Arizona Homes and Land Jeff Masich, REALTOR®
MBA (Master Business Administration) BS (Bachelor Science- Accounting) CCE (Certified Credit Executive-former) CCM (Certified Cash Manager) CSSN (Certified Short Sale Negotiator) REALTOR® (Licensed State of Arizona)
