Dubai's newest luxury home on the water has an eye-watering price
• http://newatlas.com, Stu RobartsThere may be a time in the United Arab Emirates (UAE) that floating homes become passé, but that time doesn't appear to be now.
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There may be a time in the United Arab Emirates (UAE) that floating homes become passé, but that time doesn't appear to be now.
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.
London based Sanitov Studio launched its stylish and sustainable floating home during the London Design Festival, which opened earlier this month.
Mortgage finance giants Fannie Mae and Freddie Mac received the biggest federal bailout of the financial crisis. And nearly $100 million of those tax dollars went to lucrative pay packages for top executives, filings show.
Regulators have approved generous executive compensation at Fannie Mae and Freddie Mac, the taxpayer-backed mortgage finance giants, with little scrutiny or analysis, according to a report published Thursday by the inspector general of the Federal Ho
Young adults forming new households are not good candidates for homeownership in this market of incredibly tight lending standards and high unemployment. Not only is in difficult to qualify for a mortgage but the down- payment requirement...
Now that they all starting realize that the gig is up and their games are coming to an end, and have nowhere else to turn, they want to fight us.
When a homeowner asked for help, they got a higher bill. In essence, this is the financial equivalent of having the fire department try to put out a blazing inferno with gasoline.
Obama should be punishing the big banks that sabotaged the American dream of home ownership -- instead he's giving them the whole enchilada.
Going forward, the bank is accepting FHA loan applications from borrowers with credit scores as low as 500, though they must come up with a 10 percent down payment and sport a maximum debt-to-income ratio of 31 percent.
Short answer: Not very well.
As lenders are scrambling about to avoid the legal ramifications of fraudulent foreclosure documentation, another wave of foreclosures is expected to hit the market this year due to resetting mortgage interest rates of option adjustable rate...
It is really annoying when people, particularly those in positions of power, can’t even be bothered to take the trouble to lie well.
You were sold convenience and competition in banking, but it was explicitly stated at the time that this would not result in your rights under state law being lost.
Florida’s foreclosure rate moved above 14 percent in the fourth quarter of 2010, and the state now accounts for nearly one in every four distressed homes in the nation, according to a new report.
The impact of this could be substantial. Consider inventory — using CoreLogic;s methodology, unsold inventory in November 2010 was16 months of supply, not the 9.5 months the NAR claimed.
MERS - The Mortgage Electronic Registration System issues an Announcement that appears to be an attempt to put the genie back into the bottle Summary: MERS has told its members not to foreclose in its name on home loans, effective immediately.
Foreclose in your own name, and come to court with your documents - real ones (if you have them, and I bet in many cases they no longer exist!) or buzz off for the next three months. That ought to have a really interesting impact on the housing...
Allow me to spell this out for you more specifically: MERS is an abomination, a legal blasphemy that should be destroyed before it unleashes the four horsemen of the apocalypse.