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There was a time when the announcement of lawsuits against Bank of America for the fraudulent mortgage practices of the worst M&A acquisition of all time
Good old fashioned land has become one of the hottest investments in the world, as stocks disappoint, currencies go to war, and food prices soar.
Housing data this week continue to point to a market recovery.
“I was hoping that I could reason with them,” Hindi said of the Homeowners Association’s president, David Merritt and Marvin Fisher. “But I said to myself, if they are not going to resolve peace with me, honestly, I had to kill them. So I took my gun
When the Fed announced QE-infinity in September, it said it would purchase $40 billion of mortgage backed securities per month. The aim was to lower the mortgage rates offered to consumers.
U.S. home owners have filed a class action suit in New York against 12 of the world's major banks, claiming that Libor manipulation made mortgage repayments more expensive than they should have been, the Financial Times reported
JPMorgan Chase and Wells Fargo, the nation’s largest mortgage lenders, said Friday they won’t make home loans much cheaper for consumers, even as they reported booming profits from that business.
The bank’s debt collection unit began filing foreclosure lawsuits recently that take advantage of a loophole in California’s laws that lets them go directly for a debtor’s home even if that property was not offered as collateral for a loan.
Canada avoided many of the mistakes that the U.S. made in its housing market.
All underwater homeowners eventually come to a crossroads: Either continue funneling money into a home that costs more than it's worth or strategically default –– ending their payments and waiting for the lender to foreclose.
The folks at the Movoto Real Estate blog are thinking ahead, to when we'll be getting off of this rock and colonizing the universe--by strapping our homes to rockets and launching them into space.
Plans to build nearly 100 homes for veterans in Santa Clarita and Sylmar advanced this week as the California Department of Veterans Affairs said it would fund the project and released new details. The so-called Habitat for Heroes veterans village
The following are actual pictures of a 100,000 acre development that we have purchased several 40 acre sections in and are subdividing them into 10 acre plots for our SECRET prepper community.
The U.S. housing recovery has been sluggish at best. But the question remains: will the recovery hold?
London based Sanitov Studio launched its stylish and sustainable floating home during the London Design Festival, which opened earlier this month.
The data show a pattern of movement over the past decade from California mainly to states in the western and southern U.S.: Texas, Nevada, and Arizona, in that order, are the top magnet states. Oregon, Washington, Colorado, Idaho, and Utah follow. Ro
Dennis Chamberland doesn’t just want to live underwater: he wants you to join him.
For some time, there has been talk of a growing housing bubble in Canada.
I used to have a deputy who said that the FHA mortgage insurance funds were where mortgages went to die.
If you had any doubt that the ongoing coup by bankers and their allies was proceeding apace, the latest story from Shahien Nasiripour of the Financial Times should settle all doubts.
Everyone thinks the housing market in the U.S. looks like it's starting to bottom.
I used to have a deputy who said that the FHA mortgage insurance funds were where mortgages went to die.
Richard Koo is the Nomura economist who is famous for his theory of the "balance sheet recession", the idea that busts like ours or Japan's are the result of the private sector deleveraging and need to be counteracted with aggressive fiscal policy.
Since QEternity was announced, the spread between the 30Y mortgage and 10Y Treasury has collapsed from an already very tight (in anticipation of QE3) level to simply incredible levels.
Why did people walk away? Did they struggle with morality? Would they recommend walking away to others?
The owners of a modest home near Twentynine Palms lost their cherished possessions after a bank mistakenly foreclosed their residence. The couple, however, didn’t have a mortgage on the home.
In my last BUSINESS INSIDER article posted in May, I explained why a housing collapse in major metros was coming and why you needed to prepare now.
The structural framework of a Timberline Dome consists of 2" x 6" wooden struts and our unique heavy duty SteelStar Connector system. The color-coded struts are bolted to color-coded connectors using two wrenches.
Much of the housing recovery you've been hearing about is still just hype, says Jonathan Miller of Manhattan-based real estate appraisal company Miller-Samuel.
Facit Homes claims to be the first company in the world to digitally fabricate a bespoke home on-site.
