News
Spanish Bad Bank Faces Struggle to Lure Property Investors
Goldman Sachs Urges Supreme Court to End Mortgage Class-Action Lawsuit
MetLife to Sell Mortgage Servicing Portfolio to JP Morgan
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 reluctance of utilities and makers of appliances and intelligent meters to develop demand response systems undermines a core motive in a massive smart meter rollout in Europe. Goldman Urges Supreme Court to End Mortgage Class-Action
Goldman Sachs Group Inc has urged the U.S. Supreme Court to throw out a mortgage securities class-action lawsuit that it said could cost Wall Street tens of billions of dollars. NY Governor Warns Insurers Note to Charge Hurricane Deductibles
The governors of New York, New Jersey and other U.S. states said on Wednesday that insurance companies should not charge hurricane deductibles that cost tens of thousands of dollars to state homeowners who file claims for damage from Sandy because it was labeled a "post-tropical storm" by the time it hit land. Homeowners Dodge Sandy Deductibles, Face Other Costs
When the National Hurricane Center declared Sandy a "post-tropical storm" just before it made landfall, a lot of homeowners across New Jersey, New York, Connecticut and Maryland may have saved a lot of money. The governors of these states have told insurance companies that because the storm was not classified as a hurricane, the insurers can't enforce costly hurricane deductibles on storm-related claims. UK Police Might Sell New Scotland Yard Headquarters
London's cash-strapped police force may sell its New Scotland Yard headquarters as part of plans to save 500 million pounds ($800 million). Home Prices Climb Further in August
Home prices gained further traction in August, the latest sign that the housing market is on the mend, a closely watched survey showed on Tuesday. Home Vacancy Falls to Pre-Housing Bubble Levels
The home vacancy rate, which measures empty properties and those for sale, fell to the lowest level in seven years in the third quarter as demand for housing picked up and economic pressures eased. Cubans Start Cleanup of Hurricane Sandy Destruction
A day after Hurricane Sandy shattered Santiago de Cuba, retiree Rosa Maria remembered the sound of the storm as it battered her home in the city center. John Paulson Goes on Housing Shopping Spree, Spends $145 Million on Six Properties
Hedge-fund manager who made nearly $4 billion in 2007 by betting correctly that the housing market would fumble to the ground. Bank of America Sued by Government for Mortgage Fraud
Bank of America has joined the group of investment banks that are being sued by federal prosecutors in New York for carrying out mortgage schemes that defrauded the government during the country's financial crisis.
