Home & Design

Bank of America Announces Agreements in Principle With Federal and State Authorities on Mortgage Matters

Bank of America Corporation today confirmed it has joined the other four largest mortgage servicers in agreeing in principle to the terms of a global settlement resolving federal and state investigations into certain origination, servicing and foreclosure practices. The settlement with 49 state attorneys general, the United States Department of Justice and other federal agencies would extend additional relief to homeowners who are struggling to make mortgage payments and to make refinancing opti...

Azerbaijan Tower: The Next Tallest Building in the World? [SLIDESHOW]

A new contender for the world's tallest building has emerged. Avesta Group's Azerbaijian Tower is set to rise over a kilometer in height, to around 3,444 feet and 189 floors. It would surpass the 2,723-foot Burj Khalifa, currently the world's tallest building, as well as the planned Kingdom Tower.

$38 Million Hamptons 'Beechwood' Mansion Sold [PHOTOS]

A nine-bedroom mansion in East Hampton, N.Y. has found a buyer in what could be one of the priciest deals of the year.