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Fannie Mae and Freddie Mac to Jointly Form New Securitization Company
Lisa Hochstein Wins Renovation Approval for Historic Home on Star island
Michael Douglas and Catherine Zeta Jones Renting Out Bermuda Property
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?
A Japanese real estate tycoon, Genshiro Kawamoto has been arrested for evading corporate tax payments worth more than $8.5 million on commercial buildings that he owns in Japan. The 81-year-old businessman was also accused of hiding revenue worth $31 million (2.9 billion yen) in his rental earnings for three years ending December 2011. Panasonic Selling Tokyo Office for $536 Million
Japanese electronics magnate, Panasonic Corporation is selling its office building in central Tokyo for around $536 million to the same two companies that recently purchased Sony Corporation’s “Sony City Osaki” building for $1.2 billion. Details of the deal have already been sketched out and the sale is expected to be complete by Tuesday, March 12. HSBC Selling Consumer Portfolios Worth $3.2 Billion
HSBC Financial Corporation is selling two of its major U.S. consumer portfolios comprising of mortgage and personal loans worth $3.2 billion, all in cash, in an effort to scale down its operations in the country.Its finance unit, HSBC Finance Corporation will be selling off more than 400,000 personal homeowner and unsecured loan portfolios to Springleaf Finance Corporation and Newcastle Investment Corp. Taylor Swift Opens up about her Real Estate 'Issues'
Constant hit-maker/songwriter/singer/actress, Taylor Swift recently got candid about her life and real estate issues in an interview with entertainment magazine, Vanity Fair. Swift is famous for her impulsive buying. The singer purchased or was rumored-to-have-purchased a home near every single guy she dated. Here is what she said. Tahoe City Transit Center Crowned Winner of 2012 Western Red Cedar Architectural Design Award
The recently opened Tahoe City Transit Center (TART)was crowned the winner of the 2012 Western Red Cedar Architectural Award for its stunning and intelligent use of Tahoe’s famous raw materials, western red cedar wood and Sierra ledge stone. Mick Jagger Reluctant to Transfer Downe House Ownership to Ex-wife Jerry Hall (VIDEO)
Fourteen years after the famous couple, Sir Mick Jagger and model Jerry hall split, property issues have become a reason of squabble for the divorced pair. Hall has been trying to push Jagger into transferring complete ownership of the legendary Downe House in her name. Umm Qarn Stud Farm: Six-star Luxury Hotel for Celebrity Horses
If you thought luxury hotels were only a privilege that rich and wealthy humans could afford, you might like a change of perspective. In the Arabian land of Qatar, emerging from the sandy dunes of the desert near Doha is a six-star luxury hotel – Umm Qarn Stud Farm, exclusively built for horses. UK Home Prices Rise in February on Increased Demand in London
According to a report compiled by leading online property analytics firm, Hometrack, it was revealed that home prices in the U.K. rose for the first time in nine months in February due to increasing number of buyers in London and South England. Green Building Trends Gaining Popularity among Business Firms, Report
In a recent report published by McGraw Hill Construction, the real estate research unit of McGraw Hill companies it was revealed that a larger number of companies are moving their operations into “Green Buildings”. FBI and HUD Raid Elias Realty Livonia and Brighton Offices
The Federal Bureau of Investigation (FBI) and the Department of Housing and Urban Development (HUD) searched offices of Elias real estate and Financial Services in Livonia and Brighton in South Michigan on Wednesday, Feb.27, for a possible mortgage fraud.
