Archives
French Chateau Renovation Ends in Demolition
After Sandy Homeowners Houseless Until the Insurance Money Kicks In (Commentary)
Federal Clampdown Looming on Reverse Mortgages
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
President Barack Obama plans to ask Congress for about $50 billion in emergency spending to help rebuild states pounded by Superstorm Sandy, the New York Times reported on Wednesday. Toll Brothers Results Indicate Steady Housing Recovery
Toll Brothers Inc, the largest luxury homebuilder in the United States, reported a higher quarterly profit and said new orders rose sharply, indicating that the U.S. housing market is well on its way to recovery. Home Prices Post Biggest Jump in Over Six Years
Home prices posted their biggest annual jump in more than six years in October in a sign the housing sector continues to recover, data analysis firm CoreLogic said on Tuesday. AIG Names New CEO for Mortgage Insurer United Guaranty
American International Group Inc shuffled the management of its mortgage insurance unit for the second time this year, naming a new chief executive for United Guaranty and moving the prior CEO to a senior underwriting position. On Twitter, Obama Puts Question Mark Over Mortgage Deduction
Taking to Twitter to press his case in "fiscal cliff" talks with Congress, President Barack Obama said on Monday that tax breaks benefiting middle class families such as the mortgage interest deduction could be at risk if rates for top earners do not rise. Credit Agencies Win Legal Victory on Mortgage Ratings
Major credit rating agencies won a fresh legal victory as a federal appeals court rejected a lawsuit by Ohio pension funds that sought to recoup millions of dollars of losses on risky mortgage debt they said were based on flawed, inflated ratings. FED To Hold Lenders'Feet to the Fire on Mortgages
Frustrated Federal Reserve policymakers on Monday sought an explanation from mortgage lenders as to why the benefits of lower interest rates were not filtering to home buyers as quickly as in the past even as investors benefited. 'Granny Pods' Present Innovative Nursing Home Alternative
Don't want Grandma in the house? Stick her in the backyard. Don't want Grandma in the house? Stick her in the backyard. That's the business model a Virginia company called N2Care is using to sell its innovative new pre-fabricated nursing home alternative residences, or so-called "granny pods. Mayor Michael Bloomberg Touts Rapid Repairs Service for Homes Damaged by Hurricane Sandy
New York City Mayor Michael Bloomberg is telling homeowners affected by hurricane Sandy in the NYC area to contact the city's Rapid Repairs teams for free repairs. Dubai Once Again Building World’s Largest Shopping Mall for $2.7B
Guess it's true what they say: Everything is bigger in Dubai. Guess it's true what they say: Everything is bigger in Dubai. The United Arab Emirates city recently announced plans to one up itself, by yet again by building the world's largest shopping mall with plans for a new mega-development complete with a shopping centre that could welcome 80 million people a year, said the New York Daily News.
