Finance & Mortgage
New home sales rise 3.3 PCT in April
Pending home sales unexpectedly dip in April
Pending home sales post surprise fall in April
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?
The euro zone should move to a banking union and consider directly recapitalizing banks from its permanent bailout fund, the European Commission said on Wednesday in annual economic recommendations that shone a critical light on Spain. U.S. home prices rose in March
Average home prices rose in March compared with February in most of the 20 cities in a Standard & Poor’s/Case Shiller survey out today – the first time in seven months there’s been a gain. This report adds to the growing evidence that the worst of the five-year housing slump appears to be over. Top Ten cities with the most foreclosure homes
Good news for potential and current home owners; the worst effects of the housing crisis are beginning to wind down, according to a report. Over 30 Pct of US homeowners with mortgages are underwater
In the face of rising home prices, over 30 percent of borrowers, or close to 16 million homeowners, were underwater on their mortgage payment during the first quarter of 2012, according to Zillow. S.Korea end-March household credit growth at 2-1/2-yr low
South Korea's household credit grew at the slowest annual pace in two and a half years at the end of March due to a sluggish real estate market and weak economic activity, quarterly central bank data showed on Thursday. 30-year mortgage rate at another record low
Mortgage rates dipped slightly lower, setting another all-time record for interest rates on the 30-year fixed-rate mortgage on Thursday, according to the latest data released Thursday by Freddie Mac. China disperses $10 bln of public housing funds
China's Ministry of Finance said on Thursday it had given 66 billion yuan ($10.5 billion) to local governments to help build public housing for rent, one of five categories of state-subsidised affordable housing. Supreme Court rules families cannot sue over loan discount fee
The Supreme Court ruled on Thursday that loan applicants cannot sue a mortgage company for charging them a loan discount fee without giving them a loan discount. The unanimous ruling was a defeat for three couples in Louisiana, who claimed that Quicken Loans overcharged them as much as $1,100 at their mortgage closings for a "loan discount" or "processing" fee. Spanish Banks Face More Property Risk - Consultant
Spanish banks may need to set aside more money to cover exposure to a bust property market because they still have to recognise billions of euros in loans to non-viable companies, said a report by Spanish property consultancy RR de Acuna. Goldman Wins Mortgage Case Appealed by German Bank
Goldman Sachs Group Inc (GS.N) and investment adviser TCW have survived an appeal by a German bank that sued them for fraud over a toxic derivative marketed at the height of the housing market bubble.
