News

The Mall of America Confirms Financial Woes

Mall of America Behind on $1.4Billion Mortgage Payment

A sign of troubling times. The biggest shopping mall in the U.S., Mall of America has already missed two months worth mortgage payments. A sign of the damage that the global health crisis has been inflicting in the U.S. retail business.
Home-hunting via Internet Rises

Resurgence in Google's “Homes for Sale” Search Recorded in April

Months after the coronavirus outbreak started, it appears that Americans have finally decided to continue their search for their forever homes, if Google searches are to be based.
Foreclosure and Eviction Ban Extended - FHFA

Foreclosure, Eviction Moratorium Extended as House Passes "Heroes Act"

The moratorium on evictions and foreclosures for by Fannie Mae and Freddie Mac-backed mortgages has been extended until June 30, 2020, at least, the Federal Housing Finance Agency (FHFA) announced last May 14, 2020.