News
FEMA Still Provides Free Housing in Joplin, 18 Months After Tornado
Sandy Shutdowns Could Slam New York Office Market
Waiting for Housing to Drive the U.S. Economy
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?
New York Mayor Michael Bloomberg on Monday named a former Federal Emergency Management Agency official to lead the city's housing recovery effort after superstorm Sandy left tens of thousands of local residents homeless from flood damage or placed in shelters due to lack of power, water and heat. Sandy Still Causing Nightmare Commute, Housing Crisis
Most New York City schools reopened and millions of commuters fought huge crowds on public transportation on Monday, a week after superstorm Sandy devastated the U.S. Northeast and created lingering hardship for disaster victims as winter sets in. Spanish Bad Bank Faces Struggle to Lure Property Investors
Spain's "bad bank" will struggle to find buyers for swathes of empty land, unfinished housing projects and doubtful loans left over from a property crash, hindering Madrid's attempts to overcome the wider economic crisis. Goldman Sachs Urges Supreme Court to End Mortgage Class-Action Lawsuit
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. MetLife to Sell Mortgage Servicing Portfolio to JP Morgan
MetLife Inc, the largest U.S. life insurer, said it will sell MetLife Bank's mortgage servicing portfolio to a unit of JPMorgan Chase & Co for an undisclosed amount, as it looks to exit its bank holding structure. What happened to Smart Home Appliances?
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).
