Category:
Real Estate
Earlier this year, the federal government, the District of Columbia and 49 state attorneys general negotiated a financial agreement with five of the country’s largest banks: Ally (formerly GMAC), Bank…
Annie Bell Adams may have recently lost her house to foreclosure but she’s fighting back. The 65-year-old pensioner is currently leading a class-action suit in New York against a dozen…
Just when economists were prepared to report on the dismal state of the American real estate market for another quarter, new statistics revealed a much brighter account. Existing home sales…
The Federal Housing Administration (FHA) recently developed a program to help homeowners facing possible foreclosure and to prevent an excess of defaulted mortgages and home loans. The new program, known…
Taxpayer-owned mortgage lender Fannie Mae wasn’t happy with how Bank of America serviced its mortgage loans and decided to find another partner. But instead of taking the loans back — as it could have under the agreement — Fannie Mae instead paid BOA millions for the right.
America’s seniors were once considered among the most financially secure, with retirement at the top of the agenda. By the time people reached their 50s and 60s, Social Security and…
It may seem ideal to refinance a mortgage or obtain a home equity line of credit (HELOC) at a time while interest rates are at an all-time low, but some…
Good news is on the way for homeowners who held home equity lines of credit (HELOCs) with Citibank. Many customers’ HELOCs were suddenly suspended or canceled over the last four…
As housing values inch their way up ever so slowly and the real estate market begins to recover, higher prices may actually make it a bit harder for some Americans…
As the nation works to recover from a struggling real estate market, an innovative program called CityLIFT has been unveiled in an effort to boost homeownership. The program will benefit…