Government Crackdown on Mortgage Fraud
Friday, June 20th, 2008More than 400 real estate industry players have been indicted since March, including dozens over the last two days, in a Justice Department crackdown on incidents of mortgage fraud nationwide.
author By CHARLIE SAVAGE, source www.nytimes.com
Lenders Promise to Speed Notice on Mortgage Help
Tuesday, June 17th, 2008Mortgage companies are pledging to let troubled borrowers know whether they are approved for help within 45 days of receiving a homeowner’s application.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Housing Slump Helps the Draw of Fixer-Upper TV
Thursday, June 12th, 2008A shift in focus away from shows on buying real estate to more educational and emotional offerings is fueling a boom in television shows about housing.
author By BRIAN STELTER, source www.nytimes.com
Surprise Increase in Pending Home Sales
Tuesday, June 10th, 2008Pending sales unexpectedly increased in April to the highest reading since October, but they remain more than 13 percent below a year ago, an industry group said.
author By THE ASSOCIATED PRESS, source www.nytimes.com
F.H.A. Faces $4.6 Billion in Losses
Tuesday, June 10th, 2008The housing agency attributed the unexpected losses to high default rates in its portfolio of home loans.
author By RACHEL L. SWARNS, source www.nytimes.com
High & Low Finance: Trail of Bad Loans Leads to the Couple Next Door
Saturday, June 7th, 2008Creative financing led to a string of foreclosures for a Florida couple who had turned speculators.
author By FLOYD NORRIS, source www.nytimes.com
About 1 in 11 Mortgageholders Face Loan Problems
Saturday, June 7th, 2008The default rate is rising even among homeowners with good credit who do not hold risky subprime loans.
author By VIKAS BAJAJ and MICHAEL M. GRYNBAUM, source www.nytimes.com
In South Florida, Eviction Spares Few
Wednesday, June 4th, 2008If South Florida is a barometer for the housing crisis and the economy, the forecast does not look good.
author By DAMIEN CAVE, source www.nytimes.com
Toll Brothers Reports a Loss, but Not as Deep as Expected
Wednesday, June 4th, 2008The luxury home builder posted a narrower-than-expected loss of $93.7 million in the second quarter, hurt by weakened demand amid the nation’s housing slump.
author By ABHA BHATTARAI, source www.nytimes.com
Square Feet: A New Emerald Is Fashioned for Boston’s Necklace
Wednesday, June 4th, 2008On the long-neglected site of a state mental hospital that closed more than two decades ago, a mixed-income community is under construction.
author By LISA CHAMBERLAIN, source www.nytimes.com
Career Bureaucrat Rises to Prominence in Housing Crisis
Saturday, May 31st, 2008Brian D. Montgomery has won respect in Washington for his efforts to modernize the Federal Housing Administration as it leads the government effort to rescue homeowners at risk of foreclosure.
author By RACHEL L. SWARNS, source www.nytimes.com
Your Money: Your Money: A Real Estate Deal Seen From 2 Sides
Saturday, May 31st, 2008A sample letter that buyers who fear overpaying might send to homeowners and a reply that confident sellers could fire back.
author By RON LIEBER, source www.nytimes.com
Lose Homes, Pay More Tax
Friday, May 30th, 2008Some of the biggest losers in the real estate slump are not purchasers of mansions they could not afford. They are buyers of second homes who are sitting on a tax time bomb.
author By JONATHAN GLATER, source www.nytimes.com
Pacific Beach Journal: Trying Again on a Coast That Defies Big Dreams
Tuesday, May 27th, 2008The rise of “Washington’s new authentic beach town” has prompted sneers because of the upscale market it goes after but has won praise for creating jobs and tourism.
author By WILLIAM YARDLEY, source www.nytimes.com
Tenants Roiled by Challenges on Residency
Tuesday, May 27th, 2008Tishman Speyer Properties has accused hundreds of rent-stabilized tenants in Stuyvesant Town and Peter Cooper Village in Manhattan of living elsewhere.
author By MANNY FERNANDEZ and CHARLES V. BAGLI, source www.nytimes.com
Contractors Are Kept Busy Maintaining Abandoned Homes
Tuesday, May 27th, 2008It can take months, even years, for some homes to wind through the foreclosure process, and decay sets in.
author By VIKAS BAJAJ, source www.nytimes.com
Databank: Dow Falls 507 Points as Oil Prices Soar
Sunday, May 25th, 2008Rising energy costs and further declines in the troubled housing market led to steep losses in stocks last week.
author By JEFF SOMMER, source www.nytimes.com
Mortgages: Help for Struggling Homeowners
Sunday, May 25th, 2008Lenders are increasingly willing to change their loan terms for struggling borrowers but the flexibility has not been enough to help many homeowners.
author By BOB TEDESCHI, source www.nytimes.com
Ventures: At Least a Start on Housing’s Revival
Sunday, May 25th, 2008Apparently believing that the worst of the housing crisis is behind them, some investors have been picking up stocks in this beleaguered sector, pushing up share prices.
author By VIVIAN MARINO, source www.nytimes.com
(Famous Name) Slept Here
Sunday, May 25th, 2008Often, for no extra money, buyers get to brag about their home’s provenance, and show off inside info — where Sinatra sang, where Bowie hid out.
author By VIVIAN S. TOY, source www.nytimes.com