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BofA tries turning distressed homeowners into renters
Unable to qualify for modifications on Bank of America mortgages, a few of California's most distressed homeowners are being offered one last chance to stay in their homes: Become renters instead. Testing a mortgage-to-lease program in the Golden State,...Tags: Condos and Houses, G8, Banking, Investments, Finance
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Orlando new-home sales, home construction are up
Business has picked up from last year for Orlando-area homebuilders, and at least some of their new customers are an unlikely group of buyers: former foreclosure victims.
It has been three years since foreclosures peaked in Orlando, and that is the...Tags: Baldwin Park (Orlando, Florida), Windermere, House Building, Amusement and Theme Parks, United States Census Bureau
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Hartford Neighborhood Group Works To Reclaim House, Increase Homeownership
The Hartford CourantThe decaying house at 199-201 Sargeant St. was built in 1898 and has been vacant and deteriorating for several years. That will soon change. The nonprofit Northside Institutions Neighborhood Alliance (NINA), is joining with another nonprofit group,...Tags: New York City, Bank of America Corp., Homes, Banking
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Ask a real estate pro: Mortgage settlement prompting banks to make deals
Sun SentinelBoard-certified real estate attorney Gary M. Singer writes about the housing market in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner's associations or any other residential real estate topic, click...Tags: Justice System, Citigroup Incorporated, Crime, Law and Justice, Services and Shopping, Bank of America Corp.
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44% of Cook County homes with a mortgage are underwater
Tribune staff reporterAlmost 667,000 homes with a mortgage in the seven-county Chicago area were underwater on their mortgages in March -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more. The paper losses total almost...Tags: Services and Shopping, Mortgages, Financial and Business Services, Chicago Mortgages, Homes
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More green shoots in housing market
WASHINGTON -- More green shoots are appearing in the nation's long-dormant housing market. Sales of new homes rose 3.3% in April from March to a seasonally adjusted annual pace of 343,000, the Commerce Department reported Wednesday. That was slightly...
Tags: Real Estate Sales, Services and Shopping, Consumer Confidence, Homes, Real Estate
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Local home sales jump, prices show stability
More condos were sold in the city of Chicago in April than in any month since June, at prices that were the highest since September. It was one of the pieces of encouraging news in Tuesday's report on existing home sales from the Illinois Association...
Tags: Condos and Houses, Real Estate, Real Estate Sales, Property, Finance
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April home prices increase in Broward, Palm Beach counties
Sun SentinelSouth Florida home prices rose in April as the recovering market continues to strengthen. Broward's median price for existing homes in April was $205,000, up 15 percent from $178,000 a year ago, according to the Greater Fort Lauderdale Realtors. Sales of...Tags: Services and Shopping, Palm Beach (Palm Beach, Florida), Fort Lauderdale, Real Estate Sellers, Homes
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Baltimore homeowner almost ends up in tax sale after city loses check
Kristina Suson's home wasn't part of the city's tax sale Monday, but it was a close call. Baltimore places liens on properties for unpaid property taxes, water bills and other municipal debts, then puts the liens up for auction every spring —...Tags: Mary Pat Clarke, Patterson Park, Kraft Foods, Inc., Finance, Auction Service
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Terrorism arrests shake some Occupiers, but will not scuttle cause, supporters say
The arrest of three Occupy supporters from South Florida on terrorism-related charges has ratcheted up fears of increased police surveillance while highlighting schisms within the struggling movement that threaten its continued existence. While Occupy...Tags: Occupy Wall Street, Police Arrests, Palm Beach (Palm Beach, Florida), NATO Summit, Chicago City Hall
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Auction of Octomom's House Delayed For Two Weeks -- Again
KTLA NewsLA HABRA, Calif. (KTLA) -- The scheduled auction of Nadya Suleman's La Habra home has been delayed for another 2 weeks. The sale of the four-bedroom, three-bath house was delayed at the request of the foreclosure company. This is at least the third time...Tags: Bankruptcy, Orange County Register, Nadya Suleman
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The Lean Years: Filling In Outlines Of Linda McMahon's Oft-Cited Bankruptcy
The Hartford CourantIn her campaign narrative, multimillionaire U.S. Senatecandidate Linda McMahon has often invoked the hardship of losing her home and filing for bankruptcy more than 35 years ago. But details have been scarce, and records of the bankruptcy itself are hard...Tags: Financially Distressed Companies, Elections, Crime, Law and Justice, Newspaper and Magazine, Blackmail and Extortion
May 26, 2012
|Story| Los Angeles Times
May 25, 2012
|Story| Orlando Sentinel
May 25, 2012
|Story| Hartford Courant
May 25, 2012
|Story| South Florida Sun-Sentinel
May 24, 2012
|Story| Chicago Tribune
May 23, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| Chicago Tribune
May 22, 2012
|Story| South Florida Sun-Sentinel
May 21, 2012
|Story| Baltimore Sun
May 22, 2012
|Story| South Florida Sun-Sentinel
May 21, 2012
|Story| KTLA-LTV
May 19, 2012
|Story| Hartford Courant
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